Property Prices in Casablanca, Morocco

Index Info
Price to Income Ratio: 14.22
Mortgage as Percentange of Income: 115.88%
Loan Affordability Index: 0.86
Price to Rent Ratio - City Centre: 15.79
Price to Rent Ratio - Outside of Centre: 19.27
Gross Rental Yield (City Centre): 6.33%
Gross Rental Yield (Outside of Centre): 5.19%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 5,345.65 MAD 3,000.00-8,000.00
Apartment (1 bedroom) Outside of Centre 2,330.77 MAD 1,500.00-3,000.00
Apartment (3 bedrooms) in City Centre 9,678.57 MAD 6,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 4,357.14 MAD 3,000.00-6,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,715.60 MAD 1,114.83-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 926.12 MAD 743.22-1,207.73
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 5,000.00 MAD
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 5.35 4.70-6.00

These data are based on 111 entries in the past 18 months from 16 different contributors.
Last update: December 2017

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1 Comments so far

#Anonymous on Jan 30, 2014 :
You are ignorant. There is such a thing as Supply and Demand in the world. That is what dictates prices not the costs of producing and not what your personal opinion is on the housing prices in Morocco. If the prices were unfair then no one would buy and competitors would gain an advantage on the market. You can easily buy an apartment anywhere in Morocco for 250,000 MAD or about $28,000. These are the cheapest out there. The higher prices are for people that can afford to pay for more luxurious properties. The market clearly says these people exist. Why not make a profit?