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Last Updated: Sep 28, 2007

Yields high at 8.23% in Marrakech

Last Updated: Sep. 28, 2007
MARRAKECH - Apartments1 COST ($) YIELD (p.a.) PRICE/SQ.M. ($)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
60 sq. m. 110,640 817 8.86% 1,844 13.61
120 sq. m. 236,760 1,511 7.66% 1,973 12.59
150+ sq. m. 303,450 2,063 8.16% 2,023 13.75
MARRAKECH - Riads2
100 sq. m. 269,000 nil nil 2,690 nil
150 sq. m. 429,600 nil nil 2,864 nil
200 sq. m. 573,800 nil nil 2,869 nil
250 sq. m. 732,750 nil nil 2,931 nil
300 sq. m. 816,000 nil nil 2,720 nil
350 sq. m. 913,850 nil nil 2,611 nil
CASABLANCA3 - Apartments
60 sq. m. nil 467 nil nil 13.08
120 sq. m. nil 1,020 nil nil 8.5
150+ sq. m. nil 1,509 nil nil 10.06
1 Gueliz, Hivernage, Palmeraie, Route de Fez
2 Medina. The size of the riads is the ground area, not the living area. Riads are usually rented on a short-term basis only.
3 Ain Diab, Anfa, Gauthier, Hopitaux, Californie
Source: Global Property Guide

Marrakech rental yields on apartments are at an average of 8.23%, with the smallest apartment of 60 sq. m. generating the highest yields at 8.86%. Apartment prices in the area reach up to US$2,023 per sq. m. for 150-sq. m. apartments and bigger, with an average of US$1,947 per sq. m.

Marrakech Riads sell at an average price of US$2,780.83 per sq. m. Rental figures are not available.

In Casablanca, apartments are rented at an average of US$10.55 per sq. m., ranging from US$8.5 to US$13.08. Apartment prices are not available.

 

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