Real estate in Morocco: 46% of foreign buyers come from France

Foreign demand, driven mainly by Moroccans living abroad (MRE), remains a structural pillar of the national real estate market. According to 2025 data from Mubawab, France is by far in the lead, generating 46.2% of foreign apartment inquiries for sale. This interest from the community residing in the Hexagon is being maintained despite the international situation.

The rest of the foreign demand is divided between the United States (7.7%), Belgium (7%), the Netherlands (5.8%), Spain (4.8%), the United Kingdom (4.6%), Germany (3.1%), Canada (2.9%) and Switzerland (2.1%). In addition, the Gulf countries (United Arab Emirates, Saudi Arabia and Qatar) now account for 2.7% of this demand.

The areas most sought after by MREs and foreign investors are oriented towards seaside resorts and upscale new urban peripheries. The top 10 most visited areas confirm this attraction for the seaside, with destinations such as Asilah, Saïdia, Al Hoceïma, Harhoura, Cabo Negro, Sidi Rahal and M’diq.