Property in Morocco

Property investment in Marrakech

Morocco's best-known destination, Marrakech has a broad market — apartments, villas, golf residences, riads — in which location and intended use make all the difference.

The Marrakech property market at a glance

Marrakech is one of the Moroccan destinations best known internationally. Its medina has been a UNESCO World Heritage site since 1985, and its airport handled more than 10 million passengers in 2025. The property market is large and highly varied: city-centre apartments, villas with gardens on the outskirts, residences set alongside golf courses, and riads in the medina.

That variety is an advantage, but it calls for a methodical choice. An attractive villa on the outskirts and an apartment in Guéliz do not answer to the same budget, the same use or the same management constraints.

The main areas

  • Guéliz and Hivernage: the modern city centre, with apartments, shops and services within walking distance.
  • Agdal and Majorelle: residential districts close to the centre.
  • The medina: riads and traditional houses, which raise specific questions of land status, renovation and access.
  • The main roads out of the city (Route de Fès, Route de l’Ourika, Route d’Amizmiz, the Palmeraie): villas and gated residences, sometimes around a golf course, 15 to 30 minutes from the centre.

Property types and buyer profiles

Buyers in Marrakech are mainly people looking for a second home, people preparing a partial or permanent move, and investors considering letting. The properties sought range from one-bedroom apartments to villas with a pool on plots of 1,000 m² or more.

What may influence demand

Visitor numbers, air links and infrastructure all weigh on the city’s appeal. The contract to extend Marrakech-Menara airport was awarded in 2025, and a Kénitra–Marrakech high-speed rail line is under construction, with entry into service planned for the end of 2029. Marrakech is also among the Moroccan cities put forward for the 2030 World Cup. These are contextual factors: they cannot be used to predict how the price of any given property will move.

According to the official Bank Al-Maghrib / ANCFCC index, real estate asset prices in Marrakech rose by 0.5% in the 2nd quarter of 2026 compared with the previous quarter. The index covers the city as a whole and says nothing about a particular district or property.

Possible uses and their limits

Second home. This is the simplest use to plan for: the main things to anticipate are upkeep (garden, pool, air conditioning) and arrangements for when you are away.

Long-term let. This applies more to well-located apartments than to large villas. Demand depends on the district and the standard of fittings.

Short-term holiday let. This is governed by Law 80-14 and its implementing texts, whose application to individual furnished properties is still under way. Before any project of this kind, the co-ownership rules or the rules of the residence must be checked, along with the requirements of the local authority. Demand is markedly seasonal and no level of income can be guaranteed.

Projects

Property projects in Marrakech

Projects linked to this city appear here as soon as they are published.

Our support

How DACHMA supports you in Marrakech

The method is the same everywhere; the people involved, the districts and the points to check are specific to each city.

  1. Understand your objectives

    Use of the property, region, budget, timetable, expectations: we clarify the project before we search.

  2. Define the criteria

    We set out a precise search profile, which serves as the benchmark for comparison.

  3. Search and compare

    We shortlist properties and projects, and put price, location and use into perspective.

  4. Check and coordinate

    Initial consistency checks, then coordination of the notary, lawyer or experts you instruct.

  5. Support through to the agreed stages

    Viewings, negotiation, signature, handover of keys and, on request, follow-up after the purchase.

All services

Points to watch

What to check before buying in Marrakech

Every property has its own particularities. These are the points we examine first in this market.

  • Location and real distancesjourney times to the centre and the airport in traffic, not just the distance.
  • Land title (titre foncier)whether or not the property is titled, and whether the title, the seller and the property you visited all match — particularly in the medina.
  • Upkeep costspool, garden, security, service charges of the residence; to be costed before you buy.
  • Build qualitywaterproofing, thermal insulation, electrical installations; an independent expert's opinion is recommended.
  • Short-term holiday letthe applicable authorisation, the co-ownership rules, the seasonality of demand.
  • Taxacquisition duties, annual taxes, tax on rental income and on capital gains, and the tax treaty with your country of residence.

Definitive legal, tax and technical checks must be carried out by duly authorised professionals (notary, lawyer, tax adviser, building expert). DACHMA Advisory coordinates them but does not take their place.

FAQs

Frequently asked questions about property in Marrakech

Can a non-resident foreigner buy property here?

Yes. Foreigners may buy property in Morocco. Agricultural land and land outside urban boundaries are subject to restrictions and to a specific procedure (a certificate of non-agricultural use, the attestation de vocation non agricole), which must be examined case by case with a notary.

Which districts suit a second home in Marrakech?

It depends on how you live. Guéliz and Hivernage suit those who want everything within walking distance; residences on the outskirts offer more space and quiet, at the cost of car journeys and higher upkeep. We always begin by clarifying the intended use before comparing areas.

Can I let my property as a short-term holiday let in Marrakech?

Short-term holiday letting is governed by Law 80-14 and its implementing texts. Their application to individual furnished properties is still under way, and the co-ownership rules may restrict this use. We check these points with the relevant professionals before any letting project; no income is guaranteed.

Is there anything particular about buying a riad in the medina?

Yes. Some properties in the medina are untitled and rest on traditional deeds. The land status, the works required and the authorisations needed must be examined with a notary and a building professional before any commitment.

Does DACHMA offer properties in Marrakech?

The projects we present publicly appear on this page. Other properties can be considered on the basis of your criteria: tell us about your project.

Guides and resources

Read before buying in Marrakech

A first conversation, without obligation

Considering a property project in Marrakech?

Describe your project in a few lines. We will come back to you to clarify your objectives and explain, in practical terms, what DACHMA Advisory can — and cannot — do for you.

  1. 1We read your enquiry and reply in the language you have chosen.
  2. 2A first conversation, by telephone or video call, defines your project: use, city, budget, timetable.
  3. 3We set out the possible scope of our support and its terms before any commitment.

Your data is used solely to deal with your enquiry. You will not be signed up to any newsletter.

Message us on WhatsApp