Morocco’s Mortgage Market Surges: Housing Loans Up 6.1% in Early 2021
31 May 2021
Mortgage lending recorded a 3.6% increase at the end of April 2021, reaching 286.45 billion dirhams, according to the latest monetary statistics from Bank Al-Maghrib.
Real estate
TGCC Begins Construction on $55 Million Luxury Tower in Casablanca’s Business District
28 May 2021
Currently in charge of the construction site of the Mohammed VI Tower in Rabat, the tallest tower in Africa, TGCC, the Moroccan leader in construction, is launching the (…)
Morocco Reports Sharp Decline in Land Grabbing Cases, Justice Minister Says
26 May 2021
The phenomenon of land grabbing has slowed down significantly in Morocco. This is what Mohamed Benabdelkader, Minister of Justice, affirmed on Monday, responding to oral (…)
Moroccan Real Estate Faces Mixed Signals: Price Index Rises Amid Stalled Construction Projects
25 May 2021
While work is at a standstill on many construction sites opened in the country, a sign of a gloomy climate in the Moroccan real estate sector, the institutions are announcing (…)
Morocco Unveils Plan to Revitalize Housing and Urban Development Amid Pandemic Challenges
24 May 2021
Many challenges must be met to promote the revival of the housing and urban planning sector, said Nezha Bouchareb, Minister of National Land Use Planning, Urban Planning, (…)
Morocco’s Real Estate Market Surges: Prices Up 1.8%, Transactions Soar 52% in Q1 2021
21 May 2021
In the first quarter of 2021, the real estate asset price index (IPAI) rose by 1.8% year-on-year. This is according to a note from Bank Al-Maghrib (BAM) and the National Agency (…)
Israeli Investors Eye Moroccan Real Estate Market, Forge Local Partnerships
18 May 2021
Israeli investors are developing a real interest in Moroccan real estate. Some are already starting to settle in the kingdom.
Marrakech Riad Prices Plunge 40% as Tourism Slump Hits Morocco’s Real Estate Market
16 May 2021
In Morocco, real estate is one of the sectors hit hard by the coronavirus. In Marrakech, for example, some riads have seen their prices plummet by 30 to 40%.
Morocco’s Real Estate Sector Faces Double Crisis: COVID-19 Compounds Existing Challenges
12 May 2021
In Morocco, real estate is one of the sectors most affected by the health crisis related to the coronavirus. A sector already facing an endogenous crisis. Zakia Medkor, Head of (…)
Morocco Considers Overhaul of Eminent Domain Laws to Protect Property Owners
10 May 2021
A new bill on real estate expropriation for public utility is currently on the table of parliamentarians. It aims to compel the State or local authorities to expropriate the (…)