Property Prices in Tetouan, Morocco

Index Info
Price to Income Ratio: 13.59
Mortgage as Percentage of Income: 98.83%
Loan Affordability Index: 1.01
Price to Rent Ratio - City Centre: 30.87
Price to Rent Ratio - Outside of Centre: 31.04
Gross Rental Yield (City Centre): 3.24%
Gross Rental Yield (Outside of Centre): 3.22%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,494.97 MAD 1,000.00-3,000.00
Apartment (1 bedroom) Outside of Centre 878.32 MAD 700.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,916.67 MAD 3,000.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 2,300.00 MAD 1,800.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,127.15 MAD 1,114.83-1,151.79
Price per Square Feet to Buy Apartment Outside of Centre 665.80 MAD 510.96-743.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,550.00 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00 3.00-5.00

These data are based on 50 entries in the past 18 months from 9 different contributors.
Last update: July 2021

Sources and References
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