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Morocco: House Prices, Rents, and Rental Yields

Last Updated: Sep 08, 2008

Lower rental yields in Morocco but still good

- hOIS
Last Updated: Sept. 08, 2008
MARRAKECH - Apartments COST (€) YIELD (p.a.) PRICE/SQ.M. (€)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
60 sq. m. 87,540 587 8.04% 1,459 9.78
120 sq. m. 188,640 1,032 6.56% 1,572 8.60
MARRAKECH - Riads
75 sq. m. 199,950 n.a n.a 2,666 n.a
150 sq. m. 310,800 n.a n.a 2,072 n.a
250 sq. m. 529,000 n.a n.a 2,116 n.a
350 sq. m. 745,850 n.a n.a 2,131 n.a
CASABLANCA - Apartments
70 sq. m. n.a 769 n.a n.a 10.99
150 sq. m. n.a 1,464 n.a n.a 9.76
CASABLANCA - Houses
450 sq. m. n.a 3,420 n.a n.a 7.60
Districts researched
Marrakech: Gueliz, Palmeraie,Hivernage, Medina, Fez Road,Safi Road
Casablanca: Hopitaux, Gauthier, Ain Diab, Anfa, and Californie
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Marrakech rental yields on apartments are at an average of 7.23%, 10% lower from the previous year. The smallest apartment of 60 sq. m. still generates the highest yields of 8.04% versus 6.56% for an apartment twice its size. Apartment prices in the area reach up to US$1,572 per sq. m. for 120-sq. m. apartments, with an average of US$1,515 per sq. m.

Marrakech Riads sell at an average price of US$2,246.25 per sq. m. Rental figures are not available.

 

Your Comments

posted by Moroccan | 2008-07-04

Marketing Manager, El jadida Morocco

Please Note that Morocco is note in the Middle east as shown in this Web site , Morocco is in Africa

posted by our Editor: Matthew Pollock | 2008-07-04

You are assuming that everyone uses the term "Middle East" in exactly the same way. However, this is not the case. Please see the useful Wikipedia discussion of the term "Middle East".

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