Yes, foreigners can buy property in Morocco. In fact, Morocco is considered one of the most attractive real estate markets in North Africa for international buyers, especially in cities such as Marrakech, Casablanca, Tangier, Essaouira, and Rabat.Many foreign residents and non-residents purchase riads, villas, apartments, land, and investment properties in Morocco every year. The process is well...
Renovating a riad in Marrakech is not only a construction project. It is a journey into history, architecture, craftsmanship, and lifestyle. Behind many old wooden doors in the Medina, there are properties full of potential waiting to be transformed into elegant private homes, boutique guesthouses, or smart investment projects.At iMarrakech Property, we help clients find the right riad. And through our...
A title deed (titre de proprieté) is the only absolute guarantee that a property indeed belongs to a particular person Requisition is a stage in the process of transforming a melkia into a title deed . It is safer and more precise than the Melkia , but could be subject to contestation . It takes approx 5 weeks to obtain a requsisition number , following this it can take between 2 to 4 years to obtain a...
Many international buyers ask the same important question before purchasing a riad, villa, or investment property in Marrakech:“If I sell my property later, will I be able to transfer my money back abroad?”The answer is yes, provided that the purchase was made through the correct legal and banking channels.Morocco has a clear framework for foreign investment. When the funds are properly declared at the...
When selling a property in Morocco, whether it is a riad, villa, traditional house, or guesthouse, the real estate agency commission is usually 3% including VAT of the final sale price.This amount represents 2.5% excluding VAT + 20% VAT.Agency fees are normally paid only when the sale is successfully completed, on the day the final deed of sale is signed before the notary.The role of the agency is to...
When buying property in Morocco, the notary plays a central role in protecting the transaction and making sure that the sale is completed correctly.For foreign buyers, especially those purchasing a riad, villa, apartment, or renovation project in Marrakech, understanding the role of the notary is essential.At iMarrakech Property, we always advise our clients to work with a qualified and experienced notary...