Morocco: House Prices, Rents, and Rental Yields
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Last Updated: Sep 08, 2008
Lower rental yields in Morocco but still good
| 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 | - hOIS|||||
| 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 |
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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.
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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".