
Marrakech Real Estate Market Shows Signs of Recovery After Pandemic Slump
Hit hard by the Covid-19 pandemic, the real estate sector in Marrakech is slowly recovering with the economic recovery and the reopening of Moroccan borders.

Hit hard by the Covid-19 pandemic, the real estate sector in Marrakech is slowly recovering with the economic recovery and the reopening of Moroccan borders.

Morocco is among the six best international markets for real estate investment in 2022. This is the result of the ranking of a specialized platform.

Unlike Germans and Britons, Moroccans, who are nevertheless fond of Spanish real estate, have bought fewer residences (primary and secondary) in the Balearic Islands over the past decade.

After a successful restructuring plan and a flourishing year 2021, the real estate group Alliances has unveiled its business plan for the 2022-2025 period.

The Association for Law and Justice in Morocco (ADJM) is once again calling on King Mohammed VI to lend a hand in a case of real estate spoliation.

The municipality of Martil provides clarifications on the 18 apartments worth 50 million dirhams that were fraudulently taken from it. It claims to have asked the land registry in 2013 to register 20 apartments, not 18.

18 apartments worth 50 million dirhams have been fraudulently taken from the city of Martil. This is what the Northern Observatory of Human Rights (ONDH) reveals.

For the 2021 fiscal year, the National Agency for Land Registration, Cadastre and Cartography (ANCFCC) recorded solid performance, generating estimated revenue of 8.1 billion dirhams, up 42% compared to 2020 and 21% compared to 2019.

Lahoucine Aourik, a Franco-Moroccan businessman, plans to invest in a large real estate project initiated by the Spanish real estate developer Kronos Homes.

The real estate sector in Morocco remains heavily affected by the health crisis. The upturn observed for a few months has been short-lived, which has prompted professionals to call for urgent measures.

Rents for furnished apartments have skyrocketed in Agadir due to the influx of revelers, after the ban on organizing New Year’s Eve festivities in hotels and tourist establishments.

David Fischer, former US ambassador to Morocco and his wife, have acquired a home in Florida and plan to transform it by adopting a Moorish style and Moroccan architecture. The couple received approval from the Architecture Commission.