Raphaël Masson

February 1, 2025

Villa prices in Morocco: understanding market fluctuations to better negotiate

Introduction to the real estate market for villas in Morocco

A rapidly evolving market

The market for villas in Morocco has a particular dynamic. Over the last few years, the prices of luxury villas have fluctuated due to various economic, tourist, and even climatic factors. The demand for luxury properties is constantly increasing, whether in iconic cities such as Marrakech and Casablanca or in quieter areas such as Ourika or Sidi Kaouki.

As a real estate professional, I have found that these fluctuations often depend on location and ongoing infrastructure projects. For example, one client saw the value of their villa double in just three years thanks to the construction of a new road nearby.

Why is Morocco attracting buyers?

The exceptional living environment that Morocco offers attracts not only local residents, but also an international clientele looking for a high-end and authentic environment. With its unique blend of tradition and modern, the country seduces with its varied landscapes, its cultural wealth and its sunny climate almost all year round.

Personally, I think that Marrakesh is a perfect example of this attractiveness. When I work with foreign buyers, they are often charmed by the diversity of offers, ranging from charming traditional villas to riads through high-end residences modern.

The role of tourism and its impact on villa prices

The tourism pace is a key driver for the real estate market in Morocco. In Marrakech, for example, the constant influx of tourists is pushing investors to develop high-end residences and villas with pools to meet growing demand. This correlation between tourism and real estate is particularly visible in strategic tourist areas such as Amelkis Golf or the Place Jemaa el-Fna.

I recently accompanied an investor who wanted to buy a villa near Amelkis Golf. Thanks to the tourist attraction of this region, he was able to quickly make a return on his investment by renting the property to European tourists.

Factors that influence villa prices in Morocco

The location: Marrakech, Casablanca, Ourika and more

The localization is undoubtedly the most decisive factor in the price of villas in Morocco.

  • In Marrakech, areas like the Palmeraie, the Route de Ouarzazate, or even the city center offer a variety of options ranging from prestigious villas to modern properties.
  • Casablanca, as the economic center of the country, is more oriented towards a high-end real estate market, with popular residential areas.
  • Ourika and Sidi Kaouki, on the other hand, attract those in search of quietness and tranquility, while remaining close to essential amenities.

During my visit to the Ourika region, I was surprised by the serenity of the place and by the opportunities offered by villas in this area. One of my clients chose to invest there to enjoy a peaceful retirement while staying close to Marrakech.

Amenities: pool, stable, petanque court and more

Amenities play an essential role in the valuation of a villa. One beautiful villa equipped with a pool, of a stable or even a petanque court will have greater market value. These installations are not only extras, they help create a living environment unique that meets the expectations of demanding buyers.

One of my clients was looking for a villa near Marrakech with a petanque court and a stable. Working together, we found an ideal property near the Ouarzazate road that perfectly suited his needs.

The different type of villa: luxury villas, luxury villas or sumptuous properties

The type of villa is also a determining factor:

  • Luxury villas are often located in closed residences and offer modern facilities.
  • Prestigious villas, for their part, stand out for their character and their high-end construction.
  • Finally, sumptuous properties with extensive gardens and exceptional finishes seduce the most demanding buyers.

I had the opportunity to visit a prestigious villa in Casablanca, with rare materials such as imported marble and sculpted ceilings. These kinds of details attract buyers with a pronounced taste for exclusivity.

Surface and configuration

The surface of a villa and its configuration play a crucial role in its price. A villa of 320 m² with four rooms, a modern kitchen, and several well-equipped bathrooms is ideal for families or for vacation rental projects.

In addition, well-designed spaces with quality materials, such as the double glazing or airconditioning, significantly increase its value.

In some areas, such as Marrakesh for example, it is becoming mandatory to have air conditioning to cope with hot weather. This can impact the price if the size of the villa is important.

The characteristics of luxury villas in Morocco

The upscale and quiet living environment

Luxury villas in Morocco offer a peaceful living environment, often in secure residential areas. Neighborhoods like the Palmeraie or residences located near the route de Ouarzazate are particularly sought after for their tranquility and their green environment. These neighborhoods allow you to live in peace while being very close to the center of Marrakech when you want to enjoy its hustle and bustle.

One of my clients, who is passionate about gardening, found in a villa in La Palmeraie the perfect space to create a magnificent botanical garden, thus reinforcing the charm of the property.

Prestigious villas overlooking the golf course (Amelkis golf course, Marrakech golf course)

Villas overlooking the golf course, such as those located around the Amelkis Golf or of Marrakech Golf, offer a unique living experience. These properties are very popular with sports and luxury lovers, and they also represent an excellent real estate investment.

I accompanied a golf-loving buyer who wanted a villa close to the Marrakech Golf. He was thrilled to find a property that combined his love of sport and his desire for tranquility.

Villas with modern finishes: air conditioning, double glazing, elevator

Modern finishes, such as integrated airconditioning, windows in double glazing, or even a private lift, are today essential criteria for buyers of villas in Morocco. These elements provide comfort and convenience while increasing the value of the property.

Analysis of prices per m² by region

To help you, here is an idea of the current selling prices in certain regions of Morocco. These prices were made by crossing several criteria (ads, comparison sites, price per m2 sites, and also our professional experience). These prices correspond to the selling prices in January 2025.

Marrakech:

  • Palmeraie : Prices vary between 20,000 and 35,000 MAD/m², depending on finishes and amenities.
  • Ouarzazate road : The villas are located between 15,000 and 25,000 MAD/m², often offering spacious and high standing properties.
  • Downtown : Prices can reach 40,000 MAD/m², especially for modern villas close to shops.

Casablanca:

  • California neighborhood : Between 25,000 and 45,000 MAD/m² for high-end or exceptional properties.
  • Anfa : Prestigious villas can exceed 50,000 MAD/m² in this highly sought after neighborhood.

Essaouira and Sidi Kaouki:

  • Sidi Kaouki : The prices are more affordable, around 10,000 to 15,000 MAD/m², ideal for buyers looking for peace and authenticity.
  • Essaouira center : Prices vary between 15,000 and 20,000 MAD/m² for ocean view villas.

Agadir:

  • Founty neighborhood : The prices are between 18,000 and 25,000 MAD/m² for modern villas with pools.
  • Downtown : Villas generally cost between 20,000 and 30,000 MAD/m², depending on the finishes.

Tips to better negotiate when buying a villa or a house in Morocco

Based on reliable data and recent announcements

To negotiate better, it is essential to rely on reliable data. Consult the recent listings and compare prices to get a clear idea of market value.

There are also websites that will allow you to know the price per m2 of properties in the chosen neighborhood. This will allow you to have all the elements to define if the asking price is too important, and to know what margin of negotiation you have.

Identify opportunities through thorough research

One extensive research will allow you to identify interesting opportunities, including properties that are falling in price or charming villas with high potential.

A couple I accompanied were looking for a charming house on a limited budget. After a careful search, we found a property in Ourika in need of some renovations but with huge potential.

Negotiate according to characteristics: charming or prestigious villas

Adapt your negotiation strategy according to the characteristics of the villa. A prestigious villa often justifies a higher price, but elements such as work to be planned can be arguments for negotiating at a lower price.

Conclusion: invest in a villa in Morocco

Why is the Moroccan market still attractive for investors?

The Moroccan market remains attractive thanks to its exceptional living environment, sound luxury real estate, and its potential for valorization. Destinations like Marrakech or Casablanca offer unique opportunities for discerning investors.

As a professional, I always recommend that you clearly define your needs before investing. Whether for a main residence or a rental investment, Morocco offers options adapted to each project.

The keys to finding the ideal villa: setting, surface and amenities

To succeed in buying a villa or house, take into account criteria such as framework, the surface, and the conveniences. Whether it is a villa with pool or a sumptuous property on the Route de Ouarzazate, Morocco is full of options adapted to every need.

The experience I have gained by supporting my clients has taught me that patience and a good knowledge of the market are essential to find the perfect villa. With the right strategy, investing in a villa in Morocco can be a rewarding decision both financially and personally.