Real estate Morocco: rents are rising

November 24, 2021 – 10:20 PM – Economy


The rental market picked up again in the third quarter of this year, especially in Bouskoura, Rabat and Casablanca, where rents are still the most expensive in Morocco.

At the end of September did Mubawab a survey of the rental market. This shows that rents for furnished apartments have increased by 2 points, while rents for apartments have increased by 4 points compared to the trend observed a year ago, according to the report. Eco Inspirations.

Also read: Will Spain recognize the use of chemical weapons in the Rif?

According to a real estate specialist, the rent for an empty apartment averages 7,500 dirhams per month, an increase of 3%, while prices rise to 23,800 dirhams per month for an empty villa, an increase of 5%. The volume of demand at the national level increased from 48% to 50% for apartments with a balcony or terrace and from 58% to 70% for villas with a pool.

Also read: Moroccan real estate sector is on its last legs due to the corona crisis

In this trend, the cheapest vacant rental apartments can be found in the cities of Khouribga, Azrou and Oujda. In turn, the most expensive rental properties can still be found in Bouskoura, Rabat and Casablanca.

Leave a Comment