Morocco Suspends Real Estate Price Guidelines to Boost Property Market

This suspension applies to all real estate sales whose deeds are drawn up from the start of the state of health emergency and which, until now, have not been subject to a regularization procedure. The DGI, in a press release, explains that "the search for the price at which a property can be transferred must be based on the actual data of a real estate market in a normal situation".

In a first step, explains the DGI, "a study of the transfer deeds at regular intervals must be carried out in order to monitor the evolution of the market". Then, "the specific characteristics of each property capable of having a significant impact on its value must be taken into account," the same source specifies.