Property Prices in Meknes, Morocco

Index Info
Price to Income Ratio: 10.43
Mortgage as Percentage of Income: 75.85%
Loan Affordability Index: 1.32
Price to Rent Ratio - City Centre: 30.15
Price to Rent Ratio - Outside of Centre: 13.80
Gross Rental Yield (City Centre): 3.32%
Gross Rental Yield (Outside of Centre): 7.24%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,850.00 MAD 1,200.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,233.33 MAD 700.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,166.67 MAD 2,500.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,333.33 MAD 1,800.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,105.46 MAD 696.77-1,999.98
Price per Square Feet to Buy Apartment Outside of Centre 353.03 MAD 260.13-520.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,762.50 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00 4.00-4.00

These data are based on 28 entries in the past 18 months from 5 different contributors.
Last update: March 2024

Sources and References
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