Marrakech real estate market — prices, rental yield and trend
- Average price: $1,721 / m²
- 12-month price change (USD): -4.4%
- Transaction cost: 10.3%
- Price basis: local-market average
Residential property in Marrakech averages $1,721 per square metre — -4.4% in dollar terms over twelve months, so a dollar buyer pays less than a year ago. That makes it the 69th most expensive of the 83 markets in the set.
What a buyer pays in Marrakech
The $1,721 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 10.3% of the price here. On a 100 m² apartment at the average price that is roughly $17,727 on top of the $172,102 purchase price. That is close to the 10.2% median across the set. Against the Morocco national average of $1,498, Marrakech carries a 14.9% premium — the gap between this market and the country as a whole.
What it earns
We publish a price for Marrakech but no rental yield. No public rent figure exists for this market at the same geographic level and from the same source as the price, and we do not estimate one: a yield built from two unrelated sources would describe no real property.
How the tax works. Progressive: a 40% allowance on residential rental income, then the 2025 Finance Law scale (0% up to MAD 40,000, rising to 37%), which gives 3–14% across typical rent levels; the same scale applies to non-residents. The optional 20% flat rate on gross rent is worse at every typical level, and the 10–15% withholding applies only when the tenant is a company or keeps accounts — with a private tenant there is none. Source: mre.gov.ma, Guide 2025.
Where the price sits against its own history
Today’s level sits 13.3% below the country’s own long-run trend — the market is cheap against its own history, not just against other markets.
Who can buy in Marrakech
Freehold permitted, except agricultural land. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.
How this figure is built
The price figure for Marrakech is built from asking prices from listings. It was last refreshed on 2026-09-13. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way, which is what lets Marrakech be compared with a country average or another city.
Sources: DarIndex · darindex.com · globalpropertyguide.com · telquel.ma. Snapshot: 2026-09-13.
Latest Marrakech market analysis
- Moroccan Property Prices Edged Up 0.7% in Q2 While Transactions Rose 6.3% — 2026-08-31
- Morocco Buying Costs and Property Taxes: A Foreign Buyer's Guide (2026) — 2026-08-03
- Morocco Property Market 2026: Prices, Yields and Bubble Risk — 2026-07-03
- Morocco's Property Market in 2026: A Balanced Snapshot — 2026-07-03
- Buying Property in Morocco as a Foreigner: Ownership Rights and the Purchase Process — 2026-07-03
Related markets: Morocco