Buying before the 2030 World Cup: Marrakech, Morocco's new real estate nugget

The property market is set to increase in value

With infrastructure in full development for the World Cup, Marrakech is benefiting from urban modernisation and major public and private investment. Roads, hotels, transport and services will undergo major expansion, leading to an increase in demand for housing and a rise in property values. The Moroccan government has announced a number of infrastructure modernisation projects, including improvements to road networks, the development of new rail lines and the renovation of Marrakech-Menara airport to accommodate an increased flow of international visitors. All of this will help to make the city more attractive to property investors.

Growing international interest

Marrakech's international reputation continues to grow. With the expected influx of tourists and investors in the run-up to 2030, the property market will experience an unprecedented boom. Buying today means securing a strategic investment before prices rise, and a number of foreign investors, particularly from Europe and the Middle East, are showing a growing interest in Marrakech, attracted by its potential rental yields and exceptional living environment. With demand on the rise, property values are set to rise significantly in the years ahead.

Profitable opportunities: holiday rentals and luxury riads

Marrakech's tourist appeal makes it a popular destination for holiday rentals. Platforms such as Airbnb are booming, offering investors very attractive rental yields. Investing in a riad, villa or flat in popular areas can generate significant passive income [caption id="attachment_30723" align="aligncenter" width="600"] marrakech-hivernage[/caption] The most profitable areas for seasonal rental include the Medina, Gueliz and the Palmeraie. The Medina is ideal for traditional riads popular with tourists looking for authenticity, while Gueliz and the Palmeraie offer modern villas and flats more suited to a high-end clientele.

Prices that are still affordable

Compared with other tourist cities, Marrakech still offers attractive prices, whether for a modern flat, a villa with swimming pool or a riad in need of renovation. With demand booming, prices are set to rise sharply between now and 2030. At present, the average price per square metre in Marrakech varies between 10,000 and 20,000 MAD, depending on the location and type of property. This range remains well below that of major European cities, making it an attractive opportunity for investors looking for a good return on their investment.

An exceptional living environment

Marrakech offers a sunny year-round climate, renowned gastronomy, a variety of landscapes between mountains and deserts, and a unique lifestyle. Many expatriates and retirees choose to live here, reinforcing the city's attractiveness for property investment. The city also boasts a wealth of modern facilities, such as top-quality hospitals, international schools and shopping centres, offering optimal living comfort for families and investors wishing to settle here.

An investor-friendly environment

Morocco has introduced a number of measures to encourage foreign investment, including tax exemptions for first-time property purchases and facilities for acquisitions by non-residents. In addition, purchase procedures are relatively simple and transparent, making it easier for international investors to access property. Morocco's legal framework also offers enhanced security for homeowners and investors, further enhancing the country's attractiveness as an investment destination. If you'd like to find out more about how to legally transfer your money from abroad to Morocco for a property purchase, check out this article: How to transfer your money from abroad to Morocco legally.

A Practical Guide to Buying a Second Home

Buying a second home in Marrakech can be an excellent investment, whether you want to use it as a holiday home or rent it out to tourists. The administrative formalities, the choice of area and the tax opportunities are all factors to be taken into account. To guide you step by step through the process, take a look at our detailed guide: Practical guide to buying a second home in Marrakech [caption id="attachment_30727" align="aligncenter" width="600"] marrakech-medina[/caption]

Conclusion: An Ideal Time to Invest

The 2030 World Cup will boost the Moroccan property market, and Marrakech will be one of the main beneficiaries. For savvy investors, this is the ideal time to buy before prices soar. Whether you're looking for a rental property or a second home, Marrakech offers unrivalled potential for a secure and profitable investment. Would you like to find out more about real estate opportunities in Marrakech? Contact our agency for a personalised appraisal and discover the best properties available on the market!