Morocco
Morocco Revises Tax Policy: Landlords to Pay Income Tax Only on Collected Rent
Landlords’ Income Tax (IR) on rental income will now only be paid on rents received. This is one of the new measures just adopted by the tax authorities.
Topic
Real estate
Morocco
Morocco's Housing Minister Urges Diaspora to Invest in Real Estate at Paris Expo
Investing in housing was the call launched to Moroccans Residing Abroad (MREs) by Nouzha Bouchareb, Minister of National Land Use Planning, Urban Planning, Housing and City Policy, in Paris last Saturday at the Al Omrane expo MDM.
Morocco
Moroccan Real Estate Prices Rise 0.9% in Q3 2019, Transactions Dip
Real estate asset prices in Morocco have slightly decreased during the third quarter of 2019.
France
Catholic Nun Denied Housing in French Retirement Home Over Religious Attire
The "Foyer logement" in Vesoul, managed by the Municipal Social Action Center (CCAS), refused to grant housing to a Catholic sister. The reason was her refusal to remove her veil and habit.
Morocco
Morocco's Real Estate Market Slumps Despite Price Drops
The decrease in real estate prices, during the first quarter (0.6%) and the first half (0.9%) of this year, compared to the same periods in 2018, has not boosted real estate sales at all.
Sport
Morocco's Hakim Ziyech Lists Luxury Amsterdam Apartment for €2.7 Million
Hakim Ziyech’s luxurious apartment, located in the business district of Amsterdam, is for sale. The Moroccan star hopes to make a good deal out of this sale, as he intends to sell it for 2.7 million euros, a little more than its purchase price.
Morocco
Morocco's Real Estate Market Faces Uneven Recovery Amid Economic Challenges
Real estate is struggling to regain its glory days. The sector is divided between economic recession, stagnation and a slight economic upturn.
Belgium
Antwerp Evicts 13 Social Housing Tenants for Fraud, Including Overseas Property Owner
In total, 13 social tenants, including one who owns houses in Morocco, will be evicted from their housing in Antwerp and prosecuted. They have violated the law regarding the rental of social housing.
Spain
Moroccans Lead Non-EU Buyers in Spanish Real Estate Market
According to data provided by the Center for Information on Notarial Transactions, apart from EU nationals, Moroccans outperform other nationalities as buyers of real estate in Spain.
Morocco
Moroccan Parents Explore Property Buying Loophole for Students Abroad
Instead of renting an apartment to their children wishing to pursue their studies abroad, parents can directly access property.
Morocco
Morocco's Al Omrane Group Considers Reviving Affordable Housing Program Before 2020 Deadline
The Al Omrane Group intends to relaunch low-cost housing or 140,000 DH housing. In this sense, it organized a meeting in Fez .
Morocco
Real Estate Scam in Morocco: Developer Arrested After $3 Million Fraud in Berrechid
A fake real estate developer has managed to embezzle nearly 30 million dirhams. She offered her victims lots of land in a cooperative, right in the center of Berrechid.