Marrakech : LUXURY REAL ESTATE IN MARRAKECH | VILLAS FOR RENT & SALE| REAL ESTATE MARRAKECH Real estate in Morocco – Bastet Property

Real estate in Morocco

Real estate in Morocco

Marrakech Real Estate Agent – Long term Rent & Properties For Sale

Morocco
Marrakech tensift al haouz

The Morocco Real Estate market is made up of both local and international Real Estate developers. One of the largest developers is Emaar with projects in Marrakech. Morocco Real Estate has seen a slight drop in prices making it more affordable.

The demand for properties for sale in Morocco can be split into three segments. The first segment is the first-time buyer market. As a developing country, Morocco’s economy has seen continuous growth since 2000 and as the middle class grows the demand for housing grows with it. Property in Morocco for first time buyers is in high demand in all major Moroccan cities including. The second segment is the demand for holiday homes by the Moroccan middle class as well as the many Moroccans living abroad.

The final segment driving the demand for property in Morocco is the foreign investor, particularly property investors from Europe who have targeted property in Morocco ever since the budget airlines started flying regularly to the majority of Moroccan cities.

Traditionally the majority of real estate transactions were undertaken by middle men with little professionalism. Up until only a few years ago there were very few professional Estate Agents in Morocco. Bastet is the leading Estate Agent in Morocco offering sales and long term rental services as well as holiday rentals.

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