Property Prices in Kenitra, Morocco

Index Info
Price to Income Ratio: 11.20
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 12.93
Price to Rent Ratio - Outside of Centre: 13.31
Gross Rental Yield (City Centre): 7.74%
Gross Rental Yield (Outside of Centre): 7.51%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 3,100.00 MAD 2,500.00-4,000.00
Apartment (1 bedroom) Outside of Centre 1,900.00 MAD 1,000.00-3,500.00
Apartment (3 bedrooms) in City Centre 5,000.00 MAD 4,000.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 3,625.00 MAD 2,500.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 774.19 MAD 743.22-836.12
Price per Square Feet to Buy Apartment Outside of Centre 526.45 MAD 418.06-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,125.00 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ?

These data are based on 40 entries in the past 18 months from 7 different contributors.
Last update: May 2023

Sources and References
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