Property Prices in Tangier, Morocco

Index Info
Price to Income Ratio: 15.80
Mortgage as Percentage of Income: 115.39%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 17.41
Price to Rent Ratio - Outside of Centre: 17.10
Gross Rental Yield (City Centre): 5.74%
Gross Rental Yield (Outside of Centre): 5.85%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,888.89 MAD 3,000.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,150.00 MAD 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 7,187.50 MAD 6,000.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 3,937.50 MAD 3,000.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,388.78 MAD 1,021.92-2,015.34
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) 3,644.59 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.05 3.00-5.15

These data are based on 82 entries in the past 18 months from 13 different contributors.
Last update: April 2024

Sources and References
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