Property Prices in Marrakech, Morocco

Index Info
Price to Income Ratio: 13.06
Mortgage as Percentage of Income: 107.83%
Loan Affordability Index: 0.93
Price to Rent Ratio - City Centre: 14.93
Price to Rent Ratio - Outside of Centre: 17.52
Gross Rental Yield (City Centre): 6.70%
Gross Rental Yield (Outside of Centre): 5.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,753.08 MAD 2,777.73-6,000.00
Apartment (1 bedroom) Outside of Centre 2,037.50 MAD 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 6,928.57 MAD 5,000.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 3,277.78 MAD 2,000.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,148.66 MAD 929.02-1,858.05
Price per Square Feet to Buy Apartment Outside of Centre 689.02 MAD 464.51-836.12
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,785.71 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.50 4.50-11.00

These data are based on 89 entries in the past 18 months from 14 different contributors.
Last update: March 2023

Sources and References
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