Casablanca tops the list of the most conducive for property investment according to the investors who wants to put their money among the five major cities of Morocco.
Morocco’s largest city and economic capital is currently drawing more young professionals looking for a comfortable and stable modern life to invest in its real estates. The properties particularly the houses have an average price of DH16,631 per square meter.
Rabat follows Casablanca on the list of property investments. As the second most expensive city, the properties in the capital have an average price of DH15,132 per square meter. Marakkech, which has a major asset in its tourism potential made it to the list with an average price range of DH13,000 to DH14,500 per square meter of an apartment located in its modern part.
Tourism is also one of the advantages of Agadir, considered as the largest seaside resort in Morocco. The city has a bustling real estate sector in recent years. The average price per square meter is around 13,369 dirham. The fifth largest city in this ranking is Tangier. The City of Tangier is just 15 kilometers away from Europe. It has a significant tourist attraction but it also has the potential to be an intercontinental business hub and the average cost of an apartment in this city is DH11,527 per square meter.