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...
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...
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...