Property Prices in Tangier, Morocco

Index Info
Price to Income Ratio: 13.67
Mortgage as Percentage of Income: 115.52%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 21.44
Price to Rent Ratio - Outside of Centre: 14.78
Gross Rental Yield (City Centre): 4.66%
Gross Rental Yield (Outside of Centre): 6.76%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,187.50 MAD 2,500.00-4,500.00
Apartment (1 bedroom) Outside of Centre 1,775.00 MAD 1,200.00-2,500.00
Apartment (3 bedrooms) in City Centre 5,812.50 MAD 4,500.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 3,712.50 MAD 2,300.00-14,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,393.53 MAD 929.02-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 570.69 MAD 278.71-743.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,866.67 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.79 3.00-8.00

These data are based on 85 entries in the past 18 months from 13 different contributors.
Last update: February 2021

Sources and References
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