Banks Probe Fraud in Moroccan Social Housing Loan Scheme
28 January 2025
The internal control services of the banks concerned are conducting investigations into fraud operations related to the "rahn" (pledge) system in social housing apartments.
Real estate
Moroccan Minister Decries Destruction of Casablanca’s Historical Sites
27 January 2025
During an intervention, Mehdi Bensaid, member of the leadership of the Authenticity and Modernity Party (PAM) and Minister of Youth, Culture and Communication, deplored the (…)
Morocco’s Housing Market Faces Affordability Crisis as Prices Soar
24 January 2025
The Moroccan real estate market is facing many challenges in 2025. Professionals emphasize the urgency of balancing supply and demand and lowering housing prices to make them (…)
Morocco Unveils New Strategy to Eliminate Slums by 2028
24 January 2025
The government of Aziz Akhannouch is determined to curb the proliferation of slums in Morocco by 2028 - that is, before the 2030 World Cup - by focusing on rehousing, creating (…)
Real Estate Developer and Associates Face Trial in Marrakech Housing Scam
18 January 2025
The trial of the real estate developer, responsible for the "Bassatine Al-Waha" project in Marrakech, and his two co-defendants, should open in the coming days. The judge of (…)
Demolition Begins on 700-Home Neighborhood in Salé for Urban Development
18 January 2025
In Salé, a neighborhood in the H’ssaine district is currently being demolished. This operation is part of the upgrading of the region supervised by the Agency for the (…)
Morocco’s Real Estate Market Faces Supply Crunch as Demand Surges
17 January 2025
The Moroccan real estate market experienced a mixed evolution in 2024. While demand recorded a strong increase, supply has considerably decreased, particularly in the apartment (…)
Spain Considers New Tax on Non-EU Property Buyers Amid Housing Crisis
15 January 2025
Faced with the housing crisis it is facing, Spain is considering introducing a tax on properties purchased by non-European nationals, including Moroccans.
Morocco Probes Citizens’ Luxury Real Estate Purchases in Spain
14 January 2025
The controllers of the Foreign Exchange Office have sent letters to Moroccans owning luxury apartments and villas in Spain, inviting them to regularize their situation and (…)
Land Dispute Threatens 2030 World Cup Plans in Casablanca
13 January 2025
The land registry services of the Aïn Chock district, in the Casablanca region, are recording hundreds of complaints concerning the ownership of land intended to host (…)