Morocco, a property market flourishing high range, International

The real estate market, with tourism, a pillar of economic growth in Morocco. 'The growth in demand extends to all cities, says Laurence Vernet, Director of Property Vernet agency. Each year, we are increasingly asked to assets located in Tangier, Fez, Agadir ... Even cities that do not interest foreigners in the last few years, as Ouarzazate, Dakhla, Oujda, Al Hoceima, have today ' hui popular. '

The development of the Moroccan middle class and the growing presence of Europeans in particular fueling the demand for high-end real estate.

'The market is very dynamic for property worth up to 400 000 euros,' says Bernard Charrière, Director of MC Connection Group, a partner of Marc Foujols Estate Coldwell Bankers. 'He is also very active in all that is trading at over a million euros,' he said.

On the high-end segment, the agency Ad Valorem offers new luxury villas program close to the Marrakech Royal Golf. The benefits are up, with land, swimming pool, private garden, hammam, sauna, air conditioning, security ... Prices range between 670 000 and 900 000, living space for between 310 and 380 m2.

More mature, the Riad market always keeps the score.

Provided you have a good relay there, the most interesting is undoubtedly to purchase property and renovate it completely. According to Alain Guyot, it is still possible to live in the heart of the mythical Marrakech medina, in a renovated riad with three bedrooms, with a budget of less than 200 000 euros all inclusive. The price of an exceptional property is naturally higher, of the order of 750 000, for example, a full riad 300 m2 floor, with swimming pool, in the heart of the medina.

© Propriétés De France - published on Barnes Marrakech on 06/01/2016

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