Property Prices in Tangier, Morocco

Index Info
Price to Income Ratio: 15.56
Mortgage as Percentage of Income: 110.06%
Loan Affordability Index: 0.91
Price to Rent Ratio - City Centre: 17.88
Price to Rent Ratio - Outside of Centre: 17.59
Gross Rental Yield (City Centre): 5.59%
Gross Rental Yield (Outside of Centre): 5.69%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,933.33 MAD 3,000.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,087.50 MAD 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 7,055.56 MAD 6,000.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 3,833.33 MAD 3,000.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,423.38 MAD 1,021.92-2,043.85
Price per Square Feet to Buy Apartment Outside of Centre 750.96 MAD 603.86-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,760.12 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.68 3.00-5.05

These data are based on 85 entries in the past 18 months from 14 different contributors.
Last update: May 2024

Sources and References
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