Keywords: Real Estate
In a significant development for Morocco's financial landscape, Islamic financing, known locally as participative financing, has experienced substantial growth in 2023. According to the latest report from Bank Al-Maghrib (BAM), the central bank of Morocco, the sector reached a total of MAD 21.4 billion......
Belgian construction firm Macan Group has announced a significant investment initiative, pledging MAD 1.5 billion (approximately €135 million) over the next five years to expand its operations in Morocco. Since its initial foray in 2015, Macan Group has viewed Morocco as a prime location for long-term......
The Sahara Escobar case has shaken the political landscape in Morocco, revealing a complex web of corruption and illicit activities at the highest levels of the country's ruling class. The case centers around Abdenbi Bioui, the former president of the Oriental (Oujda) region in northeastern Morocco,......
As summer approaches, real estate developers anticipate a surge in demand to help clear their property inventories. However, a notable trend has emerged where savvy investors are capitalizing on developers' misfortunes by purchasing halted construction projects at bargain prices. These investors......
In a curious twist of fate, Morocco's real estate market encountered a puzzling dynamic in the first quarter of 2024. While property prices showed a modest upward trend, the volume of transactions sharply declined, casting a perplexing shadow over the sector's dynamics. Data released by Bank......
In the intricate landscape of the real estate sector, a modest 0.6% increase in prices since the beginning of the year marks a positive trajectory. Yet, the industry continues to grapple with multifaceted challenges. Eroding purchasing power, escalating construction material costs, and rising interest......
In a proactive move to combat financial crimes, the National Financial Intelligence Authority (ANRF) has received thousands of suspicious activity reports from notaries, raising concerns over potential money laundering activities within the real estate sector. These reports highlight dubious practices,......
The Spanish government announced on Monday the abolition of "golden visas" granted to foreign nationals investing in real estate, aiming to curb speculation affecting many cities in the country. Prime Minister Pedro Sánchez stated that the government will "abolish the granting......
In the bustling cores of modern urban landscapes, an enchanting world unfurls a domain where aspirations materialize, fortunes secure their foundations, and lives undergo profound transformation. Real estate transcends the mere presence of brick and mortar, encapsulating the very essence of our dreams......
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