Property Prices in Tangier, Morocco

Index Info
Price to Income Ratio: 18.16
Mortgage as Percentage of Income: 136.08%
Loan Affordability Index: 0.73
Price to Rent Ratio - City Centre: 17.19
Price to Rent Ratio - Outside of Centre: 21.98
Gross Rental Yield (City Centre): 5.82%
Gross Rental Yield (Outside of Centre): 4.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 4,083.33 MAD 3,000.00-6,500.00
Apartment (1 bedroom) Outside of Centre 2,200.00 MAD 2,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 8,083.33 MAD 7,000.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 4,000.00 MAD 2,500.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,486.44 MAD 1,021.92-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 984.76 MAD 789.67-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,662.71 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.35 3.00-5.05

These data are based on 59 entries from 10 contributors over the past 18 months.
Last update: 9 March 2025

Sources and References
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