Address: 119 Bd de la Résistance, Casablanca 20000
Opening hours :Mon - Fri: 9am-12.30pm and 2pm-6pm Sat: 9am-12pm
Email:Contact@bhadviser.ma
Phone:+212 661-468014
Why Marrakech?
Marrakech is a city on the rise, presenting affordable and promising opportunities in real estate. Its stable government and booming business environment are key attractors. As a major global tourist destination, its modern transport facilities, including an airport and railway station, make it easily accessible to visitors from Europe, the USA, and beyond.
The city is a hub for international events, hosting film festivals, soccer matches, and more. This cosmopolitan vibe is bolstered by a bustling Medina, renowned hotel chains, and a sunny climate boasting over 300 days of sunshine a year.
Types of Property in Marrakech
Marrakech offers a range of property types, from Titled Property, aligned with French and British legal systems, to traditional Melkia and Zina properties. Each comes with its own set of legal considerations, but you can rest assured that the processes are secure and well-established.
Investment Essentials marrakech
Investing in a riad requires navigating the legal and administrative framework. Costs such as notary fees, registration, and real estate brokerage can amount to about 10% of the purchase price. On the bright side, Morocco offers relatively low property taxes, with benefits like a 50% reduction on taxes for real estate profits and capital gains.
Opportunities for Foreign Investors
Morocco’s laws permit non-residents to own properties like riads. While non-residents need to exit the country every three months, gaining residency is straightforward, particularly for those setting up Company LLC, or through employment or retirement.
More Than an Investment
Choosing to invest in a riad in Marrakech is more than a financial decision. It’s an opportunity to join a vibrant, safe, and culturally rich community. With my expertise, I’m here to guide you through every step of this exciting journey.
For further details or to begin your investment journey in Marrakech, please feel free to contact me. Thank you for your interest, and I look forward to seeing you in Marrakech!
For further details or to begin your investment journey in Marrakech, please feel free to contact me. Thank you for your interest, and I look forward to seeing you in Marrakech!
FAQs on Investing in a Riad in Marrakech
A Riad is a traditional Moroccan house or palace with an interior garden or courtyard, typically found in the old medinas of Moroccan cities.
Marrakech is popular due to its vibrant culture, stable government, booming tourism, and its mix of modern and traditional Moroccan architecture. It’s a city with a growing economy and a high demand for unique accommodations.
Foreign investors can own property in Morocco, but they must be aware of the local laws and regulations. It is advisable to consult with a local real estate expert or lawyer for specific legal advice.
The cost varies significantly based on the location, size, and condition of the Riad. Additional costs include notary fees, registration, and real estate brokerage, generally totaling around 10% of the purchase price.
Yes, many investors renovate Riads to rent them out to tourists. However, it’s important to comply with local regulations and register the property for tourist accommodation.
Property taxes in Morocco are relatively low, and there are advantages like a 50% reduction in tax on real estate profits and capital gains.
No, you don’t need to live in Morocco to invest. However, non-residents need to leave the country every three months unless they obtain residency.
Residency can be obtained through various means, such as setting up a business, employment, or retirement. The process can be straightforward with the right guidance.
Consider factors like location, the condition of the property, legal status (titled or non-titled), and potential for renovation or business use.
Yes, but it’s advisable to have a local manager or team to handle day-to-day operations, especially if you plan to rent it out.
Consider factors like location, the condition of the property, legal status (titled or non-titled), and potential for renovation or business use.
Yes, absolutely! Foreigners can own property in Marrakech and all over Morocco with very few restrictions. You don’t need to be a resident, and there are no distinctions based on your nationality. Buying property can even be helpful for obtaining a residency permit later.
This depends on your investment goals and risk tolerance. Morocco offers potential for good returns due to its growing tourism industry, stable government, and relatively affordable real estate. However, consider factors like currency fluctuations, legal complexities, and long-term economic stability before making a decision.
- Riad: Traditional Moroccan house with an interior courtyard, often converted into boutique hotels or guesthouses. They offer a more intimate and personalized experience with cultural charm.
- Hotel: Commercial establishment with a larger scale, offering various amenities and services like restaurants, pools, and conference rooms. More standardized experience with modern comfort.
It varies significantly based on riad quality, location, and season. Expect to pay between €50-€200 per night for a mid-range riad, with luxury options reaching several hundred euros.
This depends on your priorities. Marrakech offers vibrant city life and investment potential, while coastal areas like Essaouira and Agadir have strong tourism appeal. If you prefer serenity, consider mountain towns like Imlil or the southern desert. Each location has its unique perks and challenges.
Depends on your lifestyle and preferences. Medina offers cultural immersion but can be bustling. Gueliz is modern and central, but lacks Moroccan charm. Hivernage is upscale and quiet, but remote from the city center. Consider your daily needs and preferred environment.
As a large language model, I cannot own property. However, I can help you research properties, connect you with real estate agents, and provide information about the buying process in Morocco.
