Introduction
Marrakech, the jewel of Morocco, has become a leading destination for real estate investors from all over the world. With its tourist appeal, booming economy and modern infrastructure, the city offers exceptional opportunities in the new-build property sector. Whether you’re an investor looking for a rental yield or a family looking to settle down in a modern living environment, new real estate in Marrakech has something for everyone.
In this comprehensive article, we detail the financial and practical benefits of investing in new real estate in Marrakech, the best neighborhoods in which to invest, as well as the key steps and advice to make your project a success.
1. Advantages of investing in new-build property in Marrakech
Investing in new-build property offers a number of advantages that go beyond the simple purchase of a home:
Modern, high-quality housing:
New buildings in Marrakech comply with the latest technical and environmental standards:
Thermal and acoustic insulation for optimum comfort.
Modern finishes: high-end materials, contemporary design and optimized space.
Reduced ancillary costs:
Notary fees for new-build properties are lower (around 2-3% of the purchase price, compared with 6-8% for older properties).
No renovation work required, unlike older properties.
Solid guarantees for the buyer:
10-year warranty: Protection against construction defects for 10 years.
Biennial warranty: Covers defective equipment for 2 years.
High rental yield:
Thanks to strong rental demand and immense tourist potential, a new property offers an excellent return on investment, particularly for long-term or seasonal rentals.
2. Statistics on new real estate investment in Marrakech
The Marrakech real estate market is showing positive indicators of sustained growth:
Increased demand: In 2023, demand for new real estate rose by 15%, particularly in expanding neighborhoods such as Chrifia and Targa.
Property valuation: Prices for new apartments rise by an average of 5-8% each year.
Rental profitability: Neighborhoods close to the city center offer net profitability of up to 8-10% for long-term rentals.
These figures show that Marrakech remains one of the most attractive cities for real estate investment in Morocco.
3. Choosing the right location to invest in new property in Marrakech
Location is a determining factor in the success of your investment. Here are the most promising neighborhoods:
Chrifia: A rapidly developing neighborhood with modern projects such as Résidence Sakina. Close to amenities and the airport, it’s ideal for families and investors.
Guéliz: Marrakech’s modern center, with its shopping malls, restaurants and quality infrastructure. Perfect for young professionals.
Hivernage: A chic tourist district, popular with upscale residences and seasonal rentals.
Targa: A quiet, family-friendly residential neighborhood offering spacious homes at attractive prices.
La Palmeraie: Ideal for luxury villas and high-end tourism projects, surrounded by natural landscapes.
Tip: Buying in a fast-growing neighborhood like Chrifia guarantees long-term added value thanks to the property’s increased value.
4. Steps to investing in new property in Marrakech
To make your investment a success, follow these steps:
Define your budget: Take into account the purchase price, ancillary costs and any charges.
Study the market: Analyze promising neighborhoods and compare offers from real estate developers.
Choose a reliable developer: Opt for a developer known for its quality projects and guarantees.
Secure financing: Check out mortgage options with Moroccan banks.
Visit real estate projects: Make sure the property meets your expectations in terms of location and quality.
Sign the final deed of sale at a notary’s office to make the purchase official.
5. Tips for a successful new property investment in Marrakech
Focus on location: Choose fast-growing neighborhoods such as Chrifia to ensure rapid appreciation.
Anticipate rental needs: Offer a modern, well-equipped property close to amenities to easily attract tenants.
Check the warranties offered: Make sure the property is covered by the ten-year warranty and other legal protections.
Work with a specialized agency: An agency like Holding Immo can support you every step of the way.
6. The tax benefits of investing in new property in Marrakech
The Moroccan government encourages investment in new property through a number of attractive tax incentives:
Reduced notary fees: For a new property, notary fees amount to just 2-3% of the purchase price.
Temporary tax exemption: Certain rental properties benefit from tax breaks to stimulate the rental market.
These advantages maximize the profitability of your investment while reducing ancillary costs.
7. The best areas to invest in new property in Marrakech
Chrifia: Accessibility, modern infrastructure and competitive real estate projects.
Guéliz: A central and dynamic neighborhood for long-term rentals.
Hivernage: Luxury and tourist appeal for high-end investors.
Targa: Residential and family for a sustainable purchase.
Palmeraie: Tourism investment in an exceptional natural setting.
8. New property investment services in Marrakech
To simplify your project, we offer several services to support you:
Financial assistance: Credit solutions tailored to investors.
Real estate consulting: Expertise in finding the most profitable properties.
Rental management: Maximize your income by entrusting your property to professionals.
8.1 Guarantees for investors in new-build property in Marrakech
Investing in new-build property in Marrakech offers not only financial and practical advantages, but also a set of solid guarantees to secure the investment. These guarantees, imposed by Moroccan regulations, protect the buyer against any construction defects or faulty workmanship. Here are the main guarantees available to investors:
8.1.1 Ten-year warranty: 10-year protection
The ten-year warranty is one of the most important forms of protection for investors. It covers defects and damage affecting the solidity of the building, or rendering it unfit for its intended use, for a period of 10 years from delivery of the property.
What it covers:
Major cracks in walls or structure.
Problems with foundations or roofing.
Defects affecting the solidity of essential elements of the dwelling.
Example: If structural problems appear on an apartment in a new project like Résidence Sakina in Chrifia, these damages will be covered by the ten-year warranty.
8.1.2 Biennial warranty: 2-year equipment protection
The biennial warranty, also known as the “garantie de bon fonctionnement” (warranty of good working order), protects components that can be separated from the home for 2 years after delivery.
What it covers:
Heating, air-conditioning and plumbing systems.
Electrical equipment (sockets, switches).
Doors, windows and other moving parts.
This warranty assures investors that all equipment installed in their property will function properly during the first years of use.
8.1.3 Guarantee of perfect completion: 1 year for finishes
The guarantee of perfect completion covers all defects of conformity and faulty workmanship observed within one year of delivery of the new home. This guarantee obliges the developer to repair any defects reported by the purchaser.
What it covers:
Problems with paintwork, tiling or defective finishes.
Malfunctions in doors, windows or shutters.
Minor defects affecting the comfort of the dwelling.
Good to know: It’s important to inspect your home as soon as it’s delivered, to report any defects and benefit from this warranty.
8.1.4 The developer’s contractual guarantees
In addition to legal guarantees, some property developers offer additional contractual guarantees to reassure investors:
On-time delivery: Written commitment to meet a precise schedule.
Quality of materials: Certification of materials used and compliance with current standards.
Damage-work insurance: Provides rapid access to the funds needed to repair damage covered by the ten-year warranty.
Why is this important?
Investing in a real estate project with a recognized developer like Résidence Sakina guarantees not only quality construction, but also adherence to deadlines and technical standards.
8.1.5 Legal and financial security
By choosing to invest in new property in Marrakech, investors benefit from a number of financial and legal protections:
Reservation contract: The buyer signs a clear contract detailing the price, timescale and features of the property.
Payment security: Payments are generally staggered as work progresses (VEFA system: Vente en l’Etat Futur d’Achèvement). This reduces the financial risk for the investor.
Legal framework: Morocco’s real estate sector is highly regulated to protect buyers from abuse.
8.1.6 Damage-work insurance: speeding up repairs
Damage-work insurance is often taken out by developers to cover future repair costs in the event of serious defects. It enables homeowners to obtain rapid compensation for necessary work, without having to wait for lengthy legal proceedings.
Key benefit:
Investors can be reimbursed immediately for repairs covered by the ten-year warranty, limiting inconvenience.
8.1.7 Personalized follow-up and professional support
Investors in new projects like Résidence Sakina generally benefit from comprehensive professional support:
Assistance with financing: Access to suitable credit solutions.
Legal advice to secure the purchase.
Monitoring of construction stages with regular reports.
This support guarantees a smooth and secure experience for the investor, from the reservation contract through to delivery of the property.
Conclusion: Why are these guarantees essential for investors?
The guarantees offered in new real estate in Marrakech help secure the investment and give buyers peace of mind:
The ten-year guarantee protects the structure of the building.
The biennial guarantee ensures that equipment functions properly.
The “garantie de parfait achèvement” covers minor defects as soon as the property is delivered.
Financial protection, such as legal supervision and damage-work insurance, limit financial risks.
By choosing a reliable project like Résidence Sakina, investors benefit from solid guarantees that ensure a lasting return on their investment.
Ready to invest with peace of mind? Contact Holding Immo to find out how these guarantees protect your investment and ensure a quality new property in Marrakech. 😊🚀
9. Conclusion
Investing in new property in Marrakech is a unique opportunity to benefit from a dynamic market, high profitability and numerous tax advantages. Whether you’re looking to buy to rent or to live in, modern projects like Résidence Sakina in Chrifia offer solutions to suit every need.
Ready to take the plunge? Contact us today Holding Immo today to discover the best investment opportunities in Marrakech and make your real estate project a success with complete peace of mind.
