Real estate

Articles

• Iconic Yves Saint Laurent Villa in Tangier Sold to Fashion Designer Jasper Conran
  5 March 2019, by Said

  Change of ownership for the Mabrouka villa in Tangier of the great French fashion designer Yves Saint Laurent, who died in 2008. The proceeds of this sale will be used for charitable and cultural actions in Morocco, announces the Fondation Majorelle.
  This villa acquired in the 1990s by Yves Saint Laurent and his companion Pierre Bergé has been bought by fashion designer Jasper Conran, who will undoubtedly preserve "the rich heritage of the property and contribute to the vibrant and (…)

• Morocco Real Estate Prices Rise 0.3% Nationwide, Marrakech Sees 0.8% Increase
  5 March 2019, by Said

  In its note on real estate prices in the 4th quarter published a few days ago, Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC) report a slight increase of 0.3% nationwide. What about the major cities?
  In Marrakech, prices have increased by 0.8% compared to the previous quarter, with in detail, an appreciation of 1.1% for residential assets and a decrease of 0.5% for land and 2% for professional properties. During the same period, the (…)

• Marrakech Real Estate: Prices Stagnate, Transactions Surge in Latest Quarter
  6 March 2019, by Said

  As every quarter, Bank Al Maghrib and the National Agency for Land Registry, Cadastre and Cartography (ANCFCC) publish the key figures on sales and real estate transactions in the main Moroccan cities. Let’s look at the city of Marrakech.
  The ochre city has been experiencing a stagnation of its prices as well as transactions for a few years now. In the 4th quarter of last year, prices nevertheless experienced a slight increase of 0.8% compared to the 3rd quarter, while recording a strong (…)

• Morocco Sets March 2 Deadline for Online Rental Income Declaration
  1 March 2020, by Bladi.net

  The final deadline to complete the online declaration requirement is set for Monday, March 2, 2020, according to the tax authorities.
  The online declaration requirement applies to both tenants and landlords. The date originally set for February 29 for this procedure has been postponed to March 2, as the final deadline coincides with a weekend this year.
  The measure applies exclusively to individuals renting out a property to legal entities or individuals whose professional income is (…)

• King Mohammed VI Waives Rent for Tenants of Religious Trust Properties Amid Pandemic
  9 April 2020, by Bladi.net

  King Mohammed VI has decided to exempt tenants of Habous premises dedicated to commerce, crafts, services and housing from rental fees.
  "Within the framework of the continuous solicitude with which HM King Mohammed VI, Amir Al Mouminine and Supreme Nadher of the Waqfs, may God assist him, surrounds the categories affected by the repercussions of the coronavirus (Covid-19) pandemic, His Majesty has been pleased to exempt the tenants of Habous premises dedicated to commerce, crafts, (…)

• Real Estate Scam Victims Protest in Morocco, Demand Justice for Bab Darna Fraud
  26 January 2021, by Bladi.net
• Morocco’s Real Estate Market Shows Signs of Recovery After Pandemic Slump
  2 February 2021, by Sylvanus
• I apologize, but I don’t have enough information to write an accurate and compelling headline about the commercial real estate market in Morocco. The summary and first paragraph sections are empty, so there are no additional details beyond the original translated title to work with. To create a proper headline, I would need more specific facts about the current state of Morocco’s commercial real estate market, recent trends, or notable developments. Without that context, I cannot produce a headline that meets journalistic standards for accuracy and informativeness.
  4 March 2021, by Jérôme
• Morocco Cracks Down on Real Estate Fraud with Stricter Penalties for Professionals
  2 April 2019, by Said

  The Moroccan authorities will toughen penalties, whether fines or prison sentences, against professionals convicted in real estate dispossession cases.
  The issue is addressed by the newspaper Al Ahdath Al Maghribia this Tuesday, which indicates that the Ministry of Justice has just proposed a bill that has just been debated in the Justice, Legislation and Human Rights Committee of the House of Representatives. Specifically, it proposes to bring order to the sanctions against professionals (…)

• Moroccan Notary Arrested for $5 Million Real Estate Fraud Targeting Expats
  25 April 2019, by Kamal

  Nearly 400 clients, including Moroccans residing abroad, and 5 real estate developers were defrauded of more than 50 million dirhams by a notary in Casablanca.
  This Monday, April 21, a notary in Casablanca was to appear before the Attorney General of the King to answer several charges including breach of trust. The defendant is accused of embezzlement by nearly 400 clients in the context of social housing and 5 real estate developers including Mohamed Boudrika, the former president of (…)