Morocco
King Hassan II's Lavish Legacy: Rothschild Château Acquired in 1984
King Hassan II not only had a pronounced taste for luxury cars. He was also a lover of beautiful homes and had acquired one from the Rothschild family.
Topic
Real estate
Morocco
Morocco Considers Shifting Housing Incentives from Developers to Homebuyers
The government of Aziz Akhannouch is seriously considering the possibility of encouraging future homeowners, by replacing tax exemptions in favor of real estate developers, with direct financial assistance to families.
Morocco
Palm Springs Home Transformed into $3.5M Moroccan-Inspired Riad
In California, a unique two-story house transformed in part into a Moroccan riad in Palm Springs Home is a sight to behold for visitors. It’s worth a fortune.
Morocco
Moroccan Gendarmes Sentenced in Multi-Million Dirham Real Estate Scam
Found guilty of real estate fraud, three gendarmes - including one retired - were sentenced by the Financial Crimes Chamber of Rabat to cumulative sentences of 9 years in prison. The victims are real estate developers and businessmen operating in Témara and Ain Atiq.
Morocco
Bank Study Reveals: Low-Income and Older Moroccans Most Likely to Take Loans
Bank Al-Maghrib analyzed the profile of Moroccans who resort the most to consumer and housing loans, based on the criteria of age, income, socio-professional category and place of residence.
Morocco
Morocco Reclaims 40 Hectares from Royal Advisor for Unfulfilled Hotel Project
Royal advisor Yassir Zenagui has just lost his 40-hectare plot of land. The regional directorate of state property in Rabat has taken back the domain from him for not having respected his commitment to use the entire area to build a hotel and tourism project.
Morocco
Morocco Cracks Down: Hundreds of Illegal Luxury Homes Face Demolition on Public Land
In Morocco, violations of the Urban Planning Code are commonplace. In Benslimane in the seaside resort of Mansouria and in Bouznika, public domains have been illegally exploited, now housing hundreds of luxury residences.
Morocco
Al Hoceima Launches One-Stop Service Center for Moroccan Expats' Construction Needs
Like the Urban Agency of Marrakech, that of Al Hoceima has taken one of the measures to improve and facilitate the stay in Morocco of Moroccans residing abroad (MREs).
Morocco
Marrakech Launches One-Stop Urban Planning Service for Moroccan Expats
The Urban Agency of Marrakech (AUM) has just set up a one-stop shop dedicated to Moroccans residing abroad (MREs). Its objective is to handle all files related to the construction and urban planning sectors.
Morocco
Morocco's Holiday Rental Market Surges as Tourism Rebounds Post-Covid
Seasonal real estate rentals in Morocco are generating strong enthusiasm as the holidays approach. This is reviving the sector after two years of scarcity due to the Covid-19 health crisis.
Morocco
New York Penthouse with Moroccan Hammam Sells for Record $74.34 Million
For sale, a sumptuous apartment with a Moroccan hammam located on the 20th floor of the historic Crown Building (formerly known as the Heckscher Building) in New York has reached a record price.
Morocco
Marrakech Officials Investigate Illegal Sales of Collective Lands
The Wali of Marrakech , Karim Kassi-Lahlou, has decided to bring the case of the so-called spoliation of Soulaliyate (collective) lands before the courts. He has in his sights the municipal services and Moroccan lawyers who are involved in the illegal sale of these lands.