Casablanca Council Approves Land Expropriations for Urban Development Projects
18 May 2024
The Casablanca municipal council has decided to expropriate certain real estate properties to finance the implementation of development projects in the city.
Real estate
Morocco’s Housing Aid Program Sees High Demand, 90% Approval Rate for Applicants
10 May 2024
The "Daam Sakane" direct housing assistance program, launched on January 2, 2024, is a success, especially among MREs, says Mustapha Baitas, government spokesman, during the (…)
Casablanca Real Estate Scandal Implicates Officials and Developers in Fraud Network
8 May 2024
The investigation into an arrested assistant notary, along with real estate developer Abdelkader Boudrika, brother of Mohamed Bourdrika, officially dismissed from his position (…)
Morocco’s Housing Subsidy Program Falls Short of Expectations, Only 8,500 Beneficiaries So Far
7 May 2024
Applauded at its launch, housing aid no longer generates the same enthusiasm. To date, 8,500 people have benefited from this subsidy.
Moroccan Tycoon’s Son Buys $15.4M Waterfront Miami Beach Estate
7 May 2024
Malik Sefrioui, 33, the vice-president of the Ciments de l’Atlas-Ciments de l’Afrique group based in Casablanca, son of real estate magnate Anas Sefrioui, and now husband of (…)
Morocco Introduces New Tax Regime for Property Sales, Allowing Pre-Sale Tax Assessments
6 May 2024
The 2023 Finance Act has established a new tax regime for income tax on property gains. The objective is to allow taxpayers planning to sell their real estate or related real (…)
Tangier Authorities Demolish Unauthorized Buildings, Including Those of Elected Officials
1 May 2024
In Tangier, the local authorities have ordered the demolition of several buildings built without authorization in several neighborhoods, some of which belonged to elected (…)
Morocco Launches Audit of Airbnb Transactions to Combat Tax Evasion
29 April 2024
The Office of Foreign Exchange has just launched a large-scale audit operation targeting international financial transfers between owners and beneficiaries of real estate (…)
Tangier Cracks Down on Illegal Construction Near Business School
28 April 2024
The authorities of the city of Tangier have launched a new operation to demolish buildings constructed in violation of the current urban planning regulations.
Casablanca Launches Crackdown on Real Estate Fraud to Protect Homebuyers
28 April 2024
Preventing any form of fraud or scam against housing applicants is the objective pursued by the Wali of the Casablanca-Settat region, Mohamed Mhidia, by initiating an operation (…)