Everything You Need to Know
About Buying in Marrakech

Yes. Morocco welcomes foreign property buyers with no restrictions on ownership. European, American, Asian, and Arab nationals regularly purchase property in Marrakech. You will simply need a valid passport and a Moroccan bank account to transfer purchase funds.

No. Non-residents can purchase property freely. You will need to open a non-resident bank account (compte en dirhams convertibles) to transfer your purchase funds, which is a straightforward process. Residency is not required for ownership.

Yes. You can grant a power of attorney (procuration) to a trusted representative — a lawyer or agent — who will act on your behalf for signing contracts and completing the purchase. Many international buyers finalise transactions remotely.

Budget for approximately 7–10% of the purchase price in additional costs: registration tax (4%), notary fees (approximately 1–1.5%), land registry fee (1%), and agency commission. There is no VAT on resale properties. New builds may carry additional charges.

Yes, but they are modest. Urban tax (Taxe d'Habitation) and communal services tax (Taxe de Services Communaux) apply annually. Combined, they typically amount to 1–3% of the rental value of the property, which is assessed by the authorities and is generally much lower than market rent.

Some Moroccan banks (CIH, Attijariwafa, BMCE) offer financing to foreign buyers, typically up to 60–70% of the property value. However, cash purchases remain far more common in the Marrakech market, and most sellers prefer them for speed and certainty of completion.

From accepted offer to completion, expect 2 to 4 months. The process involves: an offer letter, a preliminary contract (compromis de vente or contrat de promesse de vente) with a 10–20% deposit, due diligence by the notary, and final signing at the notary's office. Registered title (titre foncier) is issued within a few weeks of completion.

A notary (notaire) is legally required for the final sale act in Morocco. Unlike in some countries, the notary acts for both parties and their primary role is to ensure the legality of the transaction. We recommend also engaging an independent bilingual lawyer to review contracts and protect your interests specifically.

The titre foncier is Morocco's land registry title. It is the definitive proof of ownership and is government-guaranteed. Always insist on purchasing a property that already holds a titre foncier, as it eliminates any ownership dispute risk. Properties with a "melkia" (traditional deed) still exist but carry greater legal complexity.

Short-term rental (Airbnb / vacation rental) yields for well-positioned riads and villas in Marrakech typically range from 7% to 12% gross per year. Long-term residential lets generally yield 4–6%. Net yields depend on management fees, occupancy rates, and maintenance costs.

Yes. If your original purchase funds were transferred from abroad through a Moroccan bank (documented on a non-resident account), you are entitled to repatriate the full sale proceeds — including any capital gain — upon sale. This is a key advantage of Morocco's property investment framework for foreign buyers.