Gross rental yields in Morocco: Casablanca and 5 other cities
The average gross rental yield in Morocco stands at 7.62% (Q2, 2023).
- Casablanca
- Rabat
- Agadir
- Marrakesh
- Tangier
- Temara
| Last Updated: July 12, 2023 | |||
| CASABLANCA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Racine | |||
| 2-Bedroom | $265,935 | $1,083 | 4.89% |
| 3-Bedroom | $329,956 | $1,330 | 4.84% |
| 4+Bedroom | $393,977 | $1,625 | 4.95% |
| Gauthier | |||
| 2-Bedroom | $178,521 | $985 | 6.62% |
| 3-Bedroom | $285,634 | $1,330 | 5.59% |
| 4+Bedroom | $401,857 | $1,428 | 4.26% |
| Dar Bouzza | |||
| 2-Bedroom | $137,892 | $837 | 7.28% |
| 3-Bedroom | $248,206 | $1,280 | 6.19% |
| Bourgogne | |||
| 2-Bedroom | $147,742 | $837 | 6.80% |
| 3-Bedroom | $221,612 | $985 | 5.33% |
| Casablanca avg. Rental Yields | 5.68% | ||
| RABAT - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Rabat (all locations) | |||
| 2-Bedroom | $187,139 | $985 | 6.32% |
| 3-Bedroom | $263,472 | $1,477 | 6.73% |
| 4+Bedroom | $285,634 | $1,428 | 6.00% |
| Rabat avg. Rental Yields | 6.35% | ||
| AGADIR - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Agadir (all locations) | |||
| 1-Bedroom | $74,462 | $394 | 6.35% |
| 2-Bedroom | $72,886 | $443 | 7.29% |
| 3-Bedroom | $91,107 | $591 | 7.78% |
| 4+Bedroom | $128,043 | $665 | 6.23% |
| Agadir avg. Rental Yields | 6.91% | ||
| MARRAKESH - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Marrakesh (all locations) | |||
| 1-Bedroom | $76,826 | $542 | 8.47% |
| 2-Bedroom | $77,811 | $591 | 9.11% |
| 3-Bedroom | $118,193 | $837 | 8.50% |
| Marrakesh avg. Rental Yields | 8.69% | ||
| TANGIER - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Tangier (all locations) | |||
| 2-Bedroom | $47,524 | $591 | 14.92% |
| 3-Bedroom | $108,344 | $985 | 10.91% |
| Tangier avg. Rental Yields | 12.92% | ||
| TEMARA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Temara (all locations) | |||
| 2-Bedroom | $84,705 | $394 | 5.58% |
| 3-Bedroom | $82,243 | $325 | 4.74% |
| Temara avg. Rental Yields | 5.16% | ||
| 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 and Sarouty |
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Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Morocco. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).
