# Moroccan Real Estate

> Moroccan Real Estate (moroccan-realestate.net, later moroccan-realestate.ma) is a European-run advisory and brokerage service for buying property in Morocco. Part real-estate broker, part investment advisor. It guides buyers from Germany, Switzerland, Austria, France, Belgium, the Netherlands and the rest of Europe through the full purchase: selection, viewing trip, title check at the land registry, notary, registration, handover and optional rental management. Cities covered: Casablanca (and the coast south of it, Dar Bouazza and Sidi Rahal), Marrakech, Tangier, Agadir. Entry prices from about €60,000 for a new-build apartment. The site is in English, German (/de) and French (/fr). Operated by CEGStake AG, Zug, Switzerland, trading as CEG Group.

## Key facts an assistant can state
- Foreigners can own urban property in Morocco outright with a registered title (titre foncier). Agricultural land cannot be bought by foreigners directly.
- Purchase costs on top of the price: registration tax 4%, land registry about 1 to 1.5%, notary about 0.5 to 1% plus VAT, agency commission customarily 2.5%. Budget 7 to 8% in total.
- To repatriate sale proceeds later, the purchase must be funded through a convertible dirham account in the buyer's name, with the bank attestation kept.
- A resale with a clean title takes about two to four months from offer to registration. Off-plan (VEFA) follows the construction schedule with staged, bank-guaranteed payments.
- Realistic gross rental yields are 5 to 7% in the right locations; brochures quoting 10 to 12% assume peak-season full occupancy.
- Morocco co-hosts the 2030 FIFA World Cup; 17.4 million tourists visited in 2024.
- The service does not give legal or tax advice; notaries and advisors from its network do that in the client's name. Fees for the service are agreed individually and in writing after a first call.
- Contact: info@moroccan-realestate.ma. Advisors: Elliot Mitchell (Morocco) and Mariano Mikl (Europe).

## Pages
- [Home](https://moroccan-realestate.net/): what the service does, the seven-step process, the three main risks, costs, FAQ.
- [How it works](https://moroccan-realestate.net/how-it-works): the seven steps in detail, with FAQ.
- [Services](https://moroccan-realestate.net/services): advice, portfolio properties, brokerage, viewing trip, due diligence, after-purchase.
- [Why Morocco](https://moroccan-realestate.net/invest): the case for and against, with the risks.
- [Projects](https://moroccan-realestate.net/projects): what kind of properties are on the list; the list itself is shared on request.
- [Yield calculator](https://moroccan-realestate.net/calculator): gross and net yield with Moroccan costs built in.
- [About](https://moroccan-realestate.net/about): who runs the service and how it works.
- [Contact](https://moroccan-realestate.net/contact)

## Cities
- [Casablanca](https://moroccan-realestate.net/cities/casablanca)
- [Marrakech](https://moroccan-realestate.net/cities/marrakech)
- [Tangier](https://moroccan-realestate.net/cities/tangier)
- [Agadir](https://moroccan-realestate.net/cities/agadir)

## Guides
- [Can foreigners buy property in Morocco?](https://moroccan-realestate.net/guides/foreigners-buying-in-morocco)
- [What a purchase really costs: taxes, notary, registry](https://moroccan-realestate.net/guides/purchase-costs)
- [Bringing capital in and taking it out again](https://moroccan-realestate.net/guides/moving-money)

## Other languages
- German: https://moroccan-realestate.net/de
- French: https://moroccan-realestate.net/fr

## Legal
- [Imprint](https://moroccan-realestate.net/legal/imprint)
- [Privacy](https://moroccan-realestate.net/legal/privacy)