Morocco
Moroccan Officials Evicted from Luxury Villas in Harhoura Amid Property Dispute
A new operation to evict former ambassadors and senior officials from villas belonging to others took place last week in Harhoura, near Rabat.
Topic
Real estate
Morocco
Egyptian Real Estate Giant Porto to Invest $500 Million in Agadir Commercial Project
The Egyptian real estate group Porto, specialized in commercial real estate in Africa, has announced a major investment of over 4.5 billion dirhams in Agadir . The project is scheduled to start in 2022.
Morocco
Morocco's Real Estate Sector Seeks Reforms and Social Housing Revival from New Government
Real estate and construction professionals are awaiting the next government on many projects, including the relaunch of the social housing program and the implementation of a series of reforms to facilitate the rapid and sustainable recovery of activity after the health crisis.
Morocco
Morocco's Anti-Land Spoliation Law Stalls Without Implementation Measures
Despite its publication in the Official Bulletin on August 26, 2019, Law 31-18 on the registration of powers of attorney and real estate civil companies in dedicated electronic registers is still not in force due to the absence of implementing texts.
Morocco
Morocco's Real Estate Market Surges: Transactions Soar 220% in Q2 2021
The real estate sector in Morocco is gradually reviving, after being severely affected by the health crisis . The renewed confidence noted during the second quarter of this year augurs well for the post-crisis period.
Morocco
Morocco's Construction Boom: Cement Sales Surge 19.3% as Real Estate Market Rebounds
The construction sector in Morocco seems to be regaining good momentum. Cement sales, the main barometer of the sector, increased by 19.3% during the first eight months of this year compared to 16.6% last year.
Morocco
Morocco's Rental Market Sees Split: Furnished Apartment Prices Rise, Unfurnished Drop
Rental prices for furnished apartments in Morocco increased during the second quarter of this year, while those for unfurnished apartments experienced the opposite trend.
Morocco
Morocco's Housing Loans Surge 6.7% as Real Estate Financing Trends Shift
Real estate loans experienced a 3.6% increase at the end of July, reaching a total outstanding amount of 288.27 billion dirhams. As for loans to real estate developers, they recorded a decline compared to the same period last year.
Spain
Spanish Housing Market Rebounds as Moroccan Buyers Lead Foreign Investment
The housing market in Spain is gradually recovering from the effects of the health crisis. Despite this crisis, Moroccans are among the foreigners who have purchased more homes in the country.
Spain
Morocco's Human Rights Group Warns of Drug Money Laundering in Real Estate Sector
The Observatory of the North of Human Rights (ONDH) denounces "suspicious money laundering operations by drug trafficking networks and mafias operating between Morocco and several European countries such as Spain, France, Belgium, the Netherlands, particularly in the real estate sector" and calls for an investigation.
Morocco
Moroccan Homebuyers Protest Real Estate Scam in Casablanca
A new demonstration against a real estate scam on the streets of Casablanca. Dozens of people expressed their discontent in front of the headquarters of the real estate company "Bassatine Bouskoura".
Morocco
Morocco's Real Estate Prices Drop 5.4% as Transactions Surge in Q2 2021
Real estate asset prices in Morocco fell by 5.4% in the second quarter of 2021, while the number of transactions increased by 18.8% during the same period.