Actualités

  The real estate market in Marrakech has experienced unprecedented developments in recent years. The city where life is good all year round is attracting more and more investors due to its great tourist potential, the development of its infrastructure and the price per square meter which has seen a significant drop. Indeed, the sale prices of real estate in the ocher city have decreased significantly in recent years. We can even go so far as to say that we are tending to get closer to the price levels of 2007, i.e. before the market boom, which according to professionals makes investment in Marrakech very attractive. If professionals all agree on one thing, it is that now is the time to invest in real estate in Marrakech. Despite a slight recovery at the start of the year, real estate prices in Marrakech remain attractive because the very large number of properties put on the market allows for good room for negotiation. In Marrakech, there is something for all tastes and for all budgets! Whether you are looking for a primary residence to settle in Marrakech, a second home or a rental investment, now is the time to make good deals by investing today in the apartment, villa or even the riad of your dreams. To ensure you choose the offer that suits you best, KNA Immobilier and its team will support you throughout your process of buying, selling or renting your new living space in Marrakech. Our tailor-made services and our mastery of the market are real assets to guarantee you get a good deal. For more information, contact us at 00 212 (0) 6 94 200 600 or karim@kna.ma

  Unlike many countries, real estate remains one of the strong points of the Moroccan economy. Indeed, the sector benefits from the reputation of tourist activity which represents the major source of real estate demand in the country. There are many criteria that allow Morocco to offer extremely favorable conditions for foreign investment: internationally recognized political and economic stability, a unique climate, an exceptional quality of life, close proximity to Europe, without forgetting the very wide real estate offer which meets all requirements and all budgets. Added to this is a certain flexibility in Moroccan legislation which offers foreign investors residing or not in Morocco a variety of tax advantages. Through numerous tax conventions concluded with a large number of countries, Morocco offers a certain number of measures which aim to encourage investment in our country to foreign residents. Among them, the exemption of rental income from IGR for the 3 years following the end of construction, with, thereafter, a reduction of 40%. There is also exemption from urban tax for 5 years on new constructions, total exemption from tax on capital gains generated in the event of transfer of real estate used as a main residence for at least 8 years, as well as the absence of inheritance tax. Whether they are residents or not, foreigners also benefit from full convertibility on the amounts in foreign currencies entered for the purpose of financing real estate investments, the proceeds from the resale of their property as well as the rent received for rental purposes. of a property financed by sums from abroad. All they need to do is transfer the amounts from abroad to an account in convertible dirhams and notify the Foreign Exchange Office of the acquisition of the property through the notary. Also, you should know that non-resident foreign investors in Morocco benefit from the guarantee of transfer, outside Morocco, of the proceeds from the sale of real estate without limit of time and amount and also that of the net capital gain of the transfer of real estate. All these measures show how advantageous it is to acquire or resell real estate in Morocco without fearing the taxes that often accompany this type of transaction.