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    REAL ESTATE

    October 25, 2022

    Morocco to Directly Subsidize Housing for Disadvantaged Families

    Rabat - Morocco is set to provide direct financial aid for disadvantaged families for housing purposes. While presenting the highlights of the 2023 state budget, Morocco’s Economy and Finance Minister Nadia Fettah Alaoui announced that the country is adopting a new approach to supporting disadvantaged families to enter the housing market. The minister explained that this new approach would replace a previous one based on offering real estate developers free land and tax reliefs, making it difficult to assess the social and economic......

    October 6, 2022

    SELECT GROUP LAUNCHES THE FINAL DEVELOPMENT OF ITS WATERFRONT MASTER COMMUNITY, PENINSULA

    The two striking residential towers, premium waterfront lofts and a commercial building that comprise Peninsula Four, The Plaza, are the final pieces of the iconic Peninsula master community developed by Select Group. With all previous developments within the project successfully sold out,"...

    September 6, 2022

    Morocco, 5th Most Expensive African Country to Rent One-Bedroom Apartment

    Rabat - Morocco has ranked as the fifth most expensive African country to rent a one-bedroom apartment, Business Insider Africa reported on Sunday.

    Basing its ranking on data obtained from Numbeo, a website that"...

    August 22, 2022

    Morocco’s Real Estate Market Needs to Reach Underserved Populations

    Rabat - Morocco’s real estate market is stagnating and needs a new line of product offerings aimed at the country’s non-served or underserved populations, the latest figures indicate.

    Earlier"...

    June 27, 2022

    Holcim Morocco Inaugurates Cement Plant in Agadir

    Rabat - Holcim, a Swiss-based construction material company, announced earlier this week the opening of its first cement production plant in Agadir in southern Morocco.

    Built in 2021, the plant has an annual production"...

    June 27, 2022

    Interest Rates for Housing Loans in Morocco At All Times Low in May

    Rabat - Interest rates on housing loans were last month at an all-time low of an average of 4.10% before taxes, according to a new report from an online loan simulator.

    The drop in interest rates on housing loans"...

    June 18, 2022

    Spanish Real Estate Company Sues Morocco for €400 Million

    Rabat - Spanish real estate company Marina d’Or has filed a request for arbitration with the International Center for Settlement of Investment Disputes (ICSID) against Morocco, claiming more than €400 million in compensation.

    The"...

    May 14, 2022

    Housing: Al Omrane Expo 2022 Kicks Off in Paris

    Paris - The Al Omrane Expo Moroccans of the World 2022 kicked off Friday in Paris, with the aim of showcasing the group's real estate projects and new offers dedicated to the Moroccans living in the French capital and its region.

    This"...

    April 7, 2022

    Improving Housing Conditions in Morocco Hinges on Urbanism

    Rabat - Improving housing conditions depends on building more projects that would extend the perimeter of a number of cities, Board Chairman of Al Omrane housing group, Badr Kanouni said on Wednesday.

    Speaking"...

    March 25, 2022

    Morocco Edges Into Global Real Estate Index

    Rabat - Morocco’s real estate market shrunk by 6.3% at the end of 2021 compared to 2020, in the Global Real Estate Index, an index tracking real estate markets performance.

    Morocco fell to last place in"...

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