Property Prices in Tangier, Morocco

Index Info
Price to Income Ratio: 14.45
Mortgage as Percentage of Income: 118.28%
Loan Affordability Index: 0.85
Price to Rent Ratio - City Centre: 25.24
Price to Rent Ratio - Outside of Centre: 13.97
Gross Rental Yield (City Centre): 3.96%
Gross Rental Yield (Outside of Centre): 7.16%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,750.00 MAD 3,000.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,075.00 MAD 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 5,733.33 MAD 4,400.00-7,500.00
Apartment (3 bedrooms) Outside of Centre 3,416.67 MAD 3,000.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,788.22 MAD 1,114.83-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 565.16 MAD 278.71-836.12
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,383.33 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.40 3.00-6.00

These data are based on 66 entries in the past 18 months from 11 different contributors.
Last update: March 2023

Sources and References
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