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 justify the means of transferring the funds used to acquire these real estate assets located in particular in Madrid and Marbella.
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 infrastructure planned as part of the organization of the 2030 World Cup.
As the Casablanca-Settat region is gearing up to host the 2030 World Cup that Morocco will co-organize with Spain and Portugal, reports indicate suspicions of real estate speculation involving municipal presidents and intermediaries.
The wali of the Casablanca-Settat region, Mohamed Mhidia, and the Regional Investment Center of this same region are working in perfect synergy to implement new measures to be included in the building permit application procedures.
In Morocco, the labor shortage in the construction and public works sector is a real and widespread problem that could have a negative impact on the major construction sites opened as part of the preparations for the 2030 World Cup. Professionals in the sector are proposing solutions.
The members of a network specialized in the spoliation of public and private lands were sentenced on Wednesday by the Court of First Instance in Fez to more than 94 years in prison, accompanied by fines and the payment of 800,000 dirhams to the Ministry of the Interior as damages.
The existence of new fraudulent practices has prompted the control services of the Directorate General of Taxes (DGI) to intensify their tax audits against several real estate developers and companies specializing in the construction of luxury housing.
In Morocco, property transfer will no longer be done as before, as the 2025 Finance Act has revised the conditions applicable to the registration of deeds and agreements with the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC).
The Mohammed VI Foundation for the Promotion of Social Works in Education-Training has increased the amount of real estate loans granted to teachers under its IMTILAK housing assistance program, launched in 2019.
Online advertising campaigns on real estate investment in Dubai are attracting, but residents should not rush headlong, at the risk of being trapped. The legal complexities involved for foreign owners require caution.
In France, reports reveal the identities of wealthy Moroccans as well as those of their wives and children, owning luxury real estate in Paris, without having declared them to the Moroccan Foreign Exchange Office or the Moroccan tax authorities.
The real estate market in Tangier is showing contrasting trends. While the overall price index has increased by 0.1%, this apparent stability masks divergent realities depending on the types of properties at the end of 2024.