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Morocco

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Marrakech riads and the Atlantic coast — open ownership, three hours from Europe.

Morocco is a long-standing European second-home favourite: exotic yet close (3 hours from Paris/Madrid), with no restrictions on foreign ownership of non-agricultural property. Marrakech's riads and Palmeraie villas lead on prestige, Essaouira and Agadir on the coast, and the Atlas foothills on rural charm.

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Can foreigners buy?
Open for non-agricultural property; agricultural land is restricted for foreigners. Currency: register FX inflow to ease repatriation.
Taxes & buying costs
Registration + notary ~5–6.5%; low annual taxe d'habitation/services; rental income taxed; multi-year exemptions on some new-build.
What makes it unique
Exotic culture and year-round sun at Europe's doorstep, with open foreign ownership.
1

Most prestigious places to own

Marrakech (La Palmeraie, Hivernage)
Palm-grove villas and luxury riads; strong foreign demand.
€500k–€8m
Palmeraie villa / grand riad
Marrakech Medina riads
Restored courtyard houses — the quintessential trophy.
€300k–€2m
Restored riad
2

Best income potential from vacation renting

Marrakech riads & villas
Boutique guesthouse (maison d'hôtes) short-let market.
€300k–€1.5m
5–8% gross
Riad guesthouse
Agadir & Taghazout
Surf-and-sun Atlantic coast; resort STR.
€150k–€600k
5–8% gross
Beach apartment / villa
Essaouira
Windsurf-and-arts walled town with rising STR demand.
€200k–€800k
5–8% gross
Medina house / villa
3

Picturesque farms & rural tourism properties

Ourika & Atlas foothills
Berber-village country estates and olive/argan farms.
€250k–€1.5m
Olive/argan / agritourism
Country villa / farm
Ouarzazate & the palm oases
Kasbah estates and date-palm oasis land.
€150k–€900k
Date farm / film-tourism
Kasbah / oasis farm

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Indicative 2025–26 planning bands for screening only, not quotes and not advice. Holiday-let licensing, tax and foreign-buyer rules change frequently — confirm locally with a lawyer and tax adviser before buying.