Five Most Expensive Cities to Buy Property in Morocco

Morocco is a beautiful North African country bordering the Atlantic Ocean and the Mediterranean Sea. It is a lovely country with gorgeous scenery, amazing food and attractive culture, and many popular destinations.

Morocco is also among the most expensive North African countries for the cost of living. Morocco has imperial cities that provide several historical attractions and there are many reasons for you to live in this country. The Moroccans are very friendly and known for their hospitality; they warmly welcome visitors.

 It is rising as a top tourist destination worldwide. Some cities are more expensive than others. People who want to live a luxurious lifestyle can find multiple luxurious houses and apartments in famous cities of Morocco.

Here is a list of the five most expensive cities to buy and sell property in Morocco

  1.       Agadir

It is a major city in Morocco and is located on the shore of the Atlantic Ocean near the foot of the Atlas Mountains. Agadir is the home to big white buildings, modern hotels, wide flowered boulevards, and amazing cafes, making this city a world-class, dynamic, and active place.

The Agadir bay and the nearby Taghazout bay are among the most beautiful bays in Africa. This city offers mesmerizing beaches, hotels, resorts, and restaurants. Agadir is like a second home to many people, and they prefer buying property here.

The real estate of Agadir is high, especially if you are looking for a luxurious apartment. You can buy a furnished apartment of 200m2 with three bedrooms at an average price of $500,000.

  1.       Rabat

It is the capital city and the seventh-largest city of Morocco. Rabat is home to the most significant museum in the country. This city has many historical destinations. It is one of the country’s four imperial cities. It is a modern city at first glance, but there are many historical attractions, including the Kasbah of the Oudaias, the Hassan Tower, and the old medina.

Rabat has gone up from 165 to 160th most expensive city in the world. It provides all the facilities to its residents. The real estate market is high in the big cities of Morocco. There was a drop in real estate prices, but the industry has stabilized itself.

The property price is high, especially if you want to buy a luxurious house in the city center. You can buy a high-quality house of 300m2 with four bedrooms at an average price of $800,000.

  1.       Casablanca

It is one of the largest cities in Morocco, located in the central-western of Morocco. It is the 128th most expensive city in the world. Casablanca is considered the business center of Morocco.

Even though Rabat is the national political capital, the leading companies and international businesses doing business in Morocco have their head office and industrial facilities in this city. That is why real estate is also very high, especially in the center of the city.

You can buy a decent apartment of 300m2 at an average price of $910,000.

  1.       Tangier

Tangier is a beautiful city and has been a summer site of the Moroccan royal since 1962. It is an important port and trade center. This city has amazing road and rail connections with other cities, including Fes, Casablanca, Rabat, and international airports.

This city has a feel that cannot be found elsewhere in Morocco. This city is worth living in. However, this city is considered an expensive city for living in because the real estate, food, and transportation are high in Tangier compared to other cities.

If you are looking to buy exclusive property in Tangier, you can buy a 300m2 house of 5 bedrooms at an average price of $1,000,000.

  1.       Marrakech

Marrakech is also known as the Red city. It is famous for its old medina and many ancient places, including Badi Palace, Bahia Palace, and Koutoubia Mosque. It is the fourth largest city in Morocco and the former imperial city in western Morocco.

It is the major economic center and home to mosques and gardens.  It is among the most expensive cities in Morocco. Real estate is also costly. The price of doing business and living here has gone up very high. You can buy a 300m2 luxurious house at an average price of $1,200,000.