Investing in property in Marrakech as a foreigner requires a thorough understanding of VNA (Vocation Non Agricole). This regulatory framework is designed to ensure that agricultural land is not diverted from its intended use. Here’s everything you need to know to invest effectively in Marrakech.
What is the VNA?
Whether you are buying or selling property in Marrakech, as a foreigner you need to take the time to find out about the legislation in place. One of the legal requirements you need to know about is the VNA (also known as AVNA, for Attestation de VNA). This is an essential certificate for foreign investors wishing to acquire land outside urban areas in Morocco. Since the introduction of Law No. 1-73-645 in 1973, Morocco has protected its agricultural land to promote rural development. The VNA ensures that land intended for agriculture is not converted to other uses without authorisation. The aim of VNA certification in Morocco is twofold: to promote balanced and sustainable urban development, while preserving the country’s agricultural resources.
What is the procedure for obtaining a VNA certificate in Morocco?
To obtain a VNA certificate, investors must follow a rigorous process: 1. Submission of the application: the application must be submitted to the Regional Investment Centre (CRI), including various administrative documents (such as a cadastral plan or documents attesting to the link between the applicant and the land); 2. Examination by the regional commission: the commission assesses the application and ensures that the land is indeed used for non-agricultural purposes; 3. Provisional certificate: if the decision is favourable, a provisional certificate is issued. This allows work to begin, but does not yet give full rights; 4. Final certificate: once the project has been completed, a new assessment is carried out. According to INSEE figures, in 2023, around 75% of VNA applications were approved, facilitating many property projects.
What are the investment opportunities in Marrakech?
The red city offers a multitude of opportunities for property investors. Whether it’s modern flats or villas in Marrakech, the city attracts with its unique blend of historic charm and modernity. By 2023, according to Yakeey, the Marrakech property market was growing by 7.7%, with increasing demand for luxury properties. Villas in Marrakech are particularly popular, accounting for around 40% of property transactions in the city. These properties offer not only a luxurious living environment but also an excellent return on investment, with an average annual increase in value of 6%. This is due in particular to the forthcoming arrival of the high-speed train linking Casablanca to Marrakech. Please also feel free to consult our dedicated page to help you find the ideal property in Marrakech.
Our advice on investing in Marrakech
To navigate the process of obtaining the VNA in Marrakech efficiently, we advise you to:Consult professionals: engage specialist property lawyers and local consultants such as Real-dreamhouse to ensure compliance;Research thoroughly: check zoning and land classifications before investing; Plan carefully: integrate VNA requirements into your overall investment plan to avoid delays and complications.
Call on our team of specialists for personalised support throughout your Marrakech property investment project. Understanding the VNA is a prerequisite for successful property investment in Marrakech. By following the steps recommended in this article and enlisting the help of experts, you’ll be able to successfully navigate Marrakech’s dynamic property market. For more information, visit our website or contact our teams for detailed, personalised advice.
