Subsidized housing in Morocco: impossible to sell without repaying state aid

This is a regulatory tightening aimed at cleaning up the market. In a new circular note (no. 06/2025) addressed to all the conservators of the Kingdom, the ANCFCC has set drastic conditions for the transfer of real estate acquired through the direct housing assistance program.

In application of Article 8 of the 2026 Finance Act, no sales transaction will now be able to be recorded in the land registers unless it is accompanied by a release deed on the mortgage held by the State.

Concretely, this measure acts as a safeguard against the misappropriation of public funds. To recall, the granting of this subsidy is conditional on the buyer’s commitment to make the property their main residence for a minimum period of five years.

By instructing its services to systematically refuse any transfer of ownership that does not meet these criteria, the Chief Conservator ensures that the beneficiaries respect their obligations. If an owner wishes to sell before the end of the five-year period, they will have to repay the amount of the aid to obtain this release, thus preventing any rapid capital gain financed by taxpayers’ money.