Morocco produces moderate to good rental yield returns
Last Updated: Sept. 01, 2022 | |||
CASABLANCA - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Racine | |||
1-Bedroom | $127,976 | $711 | 6.67% |
2-Bedroom | $236,992 | $1,090 | 5.52% |
3-Bedroom | $303,350 | $1,232 | 4.88% |
4+Bedroom | $417,106 | $1,659 | 4.77% |
Gauthier | |||
1-Bedroom | $129,668 | $710 | 6.57% |
2-Bedroom | $146,651 | $946 | 7.74% |
3-Bedroom | $300,404 | $1,280 | 5.11% |
Dar Bouzza | |||
1-Bedroom | $90,057 | $616 | 8.21% |
2-Bedroom | $123,236 | $806 | 7.85% |
3-Bedroom | $240,784 | $1,232 | 6.14% |
Bourgogne | |||
1-Bedroom | $103,329 | $616 | 7.16% |
2-Bedroom | $142,195 | $758 | 6.40% |
3-Bedroom | $206,183 | $948 | 5.52% |
Casablanca avg. Rental Yields | 6.35% | ||
RABAT - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Rabat (all locations) | |||
1-Bedroom | $142,195 | $711 | 6.00% |
2-Bedroom | $180,114 | $853 | 5.68% |
3-Bedroom | $265,431 | $1,280 | 5.79% |
4+Bedroom | $274,911 | $1,327 | 5.79% |
Rabat avg. Rental Yields | 5.82% | ||
AGADIR - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Agadir (all locations) | |||
1-Bedroom | $66,712 | $412 | 7.42% |
2-Bedroom | $70,150 | $427 | 7.30% |
3-Bedroom | $77,733 | $569 | 8.78% |
4+Bedroom | $109,016 | $664 | 7.30% |
Agadir avg. Rental Yields | 7.70% | ||
MARRAKESH - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Marrakesh (all locations) | |||
1-Bedroom | $71,098 | $521 | 8.80% |
2-Bedroom | $80,577 | $616 | 9.18% |
3-Bedroom | $132,716 | $806 | 7.29% |
Marrakesh avg. Rental Yields | 8.42% | ||
TANGIER - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Tangier (all locations) | |||
1-Bedroom | $81,051 | $521 | 7.72% |
2-Bedroom | $47,259 | $520 | 13.20% |
3-Bedroom | $99,063 | $948 | 11.48% |
4+Bedroom | $216,042 | $1,422 | 7.90% |
Tangier avg. Rental Yields | 10.08% | ||
TEMARA - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Temara (all locations) | |||
2-Bedroom | $71,382 | $332 | 5.58% |
3-Bedroom | $72,283 | $303 | 5.04% |
4+Bedroom | $141,247 | $521 | 4.43% |
Temara avg. Rental Yields | 5.01% | ||
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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Gross rental yields in Morocco are good. Yields in Marrakesh are a little higher than in Casablanca, reflecting the fact that rents are not dissimilar but the prices of properties are lower in Marrakesh.
Rental yields in Casablanca range between 4.77% and 8.21%, In Marrakesh the rental yield are between 7.29% and 9.18%, Agadir yields are between 7.30% and 8.78%, Tangier yields fall between 7.72% and 13.20%, In Rabat you can expect yields of 5.68% to 6.00%, and Temara yields are between 4.43% and 5.58%.
Round trip transaction costs are moderate in Morocco. See our Residential property transaction costs analysis for Morocco and Residential property transaction costs in Morocco compared to the continent.
Morocco - More data and information
- How expensive are houses in Morocco, compared to the rest of Middle East?
- Property prices in Morocco. Graph of house price trends in Morocco
- How much rent can be earned from Moroccan property, compared to the rest of Middle East?
- How much tax must foreign owners pay when they rent out their Moroccan property?
- Where to by property in Morocco