Introduction
Marrakech, the ochre city, continues to attract investors, families and expatriates in search of real estate opportunities. Thanks to its continued growth and modernized infrastructure, investing in new property in Marrakech offers many advantages, both financial and practical. In this comprehensive guide, we explain why new real estate in Marrakech is a wise choice, the key steps to a successful investment and the mistakes to avoid.
1. Advantages of investing in new property in Marrakech
Buying a new property in Marrakech offers several advantages:
- Reduced maintenance costs: New assets are built to the latest technical standards, limiting the need for maintenance work over several years.
- Garantie décennale: New constructions are covered by a warranty that protects the buyer against hidden defects or construction faults for 10 years.
- Energy savings: New homes are often fitted with modern thermal insulation and environmentally-friendly installations, reducing energy bills.
Example:
A new apartment in a project like Résidence Sakina in Chrifia benefits from optimized space, standard insulation and high-quality materials.
2. Key steps to investing in new property in Marrakech
- Define your budget: Take into account the purchase price, ancillary costs (notary, taxes) and any co-ownership charges.
- Choosing the right location: Choose developing neighborhoods with modern infrastructure.
- Selecting a reliable developer: Opt for certified, guaranteed real estate projects.
- Financing your project: Find out about the mortgage solutions offered by Moroccan banks.
3. Promising areas for investment in Marrakech
Several Marrakech neighborhoods offer high investment potential:
- Chrifia: A fast-growing neighborhood close to schools, shops and modern infrastructure. This is where the Résidence Sakina project is located, an ideal investment for families and investors.
- Guéliz: Modern, dynamic neighborhood with shops, restaurants and offices.
- Hivernage: Upscale neighborhood, popular for luxury residences and vacation rentals.
1. Chrifia: A neighborhood undergoing modernization
Located close to Marrakech-Menara international airport and major roads, Chrifia is a fast-growing neighborhood that combines modern comfort and tranquility.
Major assets of Chrifia :
- Modern real estate projects: Residences like Résidence Sakina offer new homes with quality finishes and modern amenities (green spaces, 24/7 security).
- Accessibility: Chrifia benefits from fast connections to central districts such as Guéliz and the Medina.
- Family facilities: Close to schools, supermarkets and leisure centers, making it an ideal choice for families.
- Competitive prices: The neighborhood offers excellent value for money for investors looking for a profitable property.
Case in point: at Résidence Sakina, a new apartment represents a strategic investment for long-term rental or for living in.
2. Guéliz: The modern heart of Marrakech
Guéliz is the nerve center of Marrakech. With its boutiques, trendy restaurants and modern buildings, it’s a popular district for commerce and residence.
Major assets of Guéliz :
- Dynamic atmosphere: Guéliz is ideal for young professionals and families looking for an active urban lifestyle.
- Close to amenities: Shopping centers (such as Carrefour Al Mazar), schools and health centers are all within walking distance.
- Attractiveness for rental: Thanks to its dynamism, real estate in Guéliz enjoys high rental demand, for both seasonal and long-term rentals.
Market prices: Although prices in Guéliz are higher than in other districts, they ensure a rapid return on investment thanks to strong rental demand.
3. Hivernage: The chic tourist district
The Hivernage district is renowned for its elegance, calm and luxurious residences. It’s an area favored by tourists and expatriates in search of comfort and standing.
Major assets of Hivernage :
- Upscale residential district: modern villas, luxury apartments and prestigious hotels coexist harmoniously.
- Proximity to landmarks: Located close to Avenue Mohammed VI, the famous Palais des Congrès and many chic cafés and restaurants.
- High rental yield: Due to its proximity to tourist areas, properties in Hivernage are ideal for highly profitable seasonal rentals.
Good to know: Properties in this area are often purchased by foreign investors looking for luxury second homes.
4. Targa: The family district par excellence
Targa is a quiet residential neighborhood, perfect for families seeking a balance between tranquility and accessibility.
Targa’s major assets :
- Quiet residential environment: Modern, secure residences ideal for families.
- Comprehensive infrastructure: Close to schools, health centers and children’s parks.
- Accessibility: Good transport links and close to major roads.
Attractive prices: Compared with Guéliz or Hivernage, Targa offers new properties at more affordable prices, while guaranteeing a quality living environment.
5. La Palmeraie: Investment between nature and luxury
The Palmeraie is an emblematic area of Marrakech, known for its exceptional natural landscapes and high-end residences.
Major assets of the Palmeraie :
- Exceptional natural setting: Surrounded by palm trees and lush gardens, this is a neighborhood like no other.
- Luxury residences: Ideal for buyers looking for modern villas or high-end residences.
- Tourism potential: Highly popular with tourists for its proximity to golf courses, hotel complexes and leisure centers.
Ideal for :
- High-end seasonal rentals.
- Second homes for foreign investors.
Conclusion on promising neighborhoods
Each of Marrakech’s neighbourhoods has its own specific assets:
- Chrifia for its modern development and competitive prices.
- Guéliz for its urban dynamism.
- Wintering for luxury and tourism profitability.
- Targa for an affordable family setting.
- La Palmeraie for an investment between nature and prestige.
For a successful investment project, choose a neighborhood that suits your objectives: rental, primary or secondary residence. Projects such as Résidence Sakina in Chrifia are particularly strategic thanks to their excellent value for money and booming location. 🚀
If you’d like to explore these opportunities, Holding Immo is here to support you at every stage of your real estate investment in Marrakech! 😊
4. Types of new real estate available in Marrakech
- Modern apartments: Perfect for families and young professionals.
- Secure residences: Projects like Résidence Sakina offer homes with 24/7 security, green spaces and parking.
- Villas and duplexes: For buyers looking for larger spaces with superior comfort.
5. Criteria to consider when buying a new property in Marrakech
- Location: Close to schools, shops and main roads.
- Quality of finish: Check the materials used and the warranties offered.
- Budgeting and financing: Anticipate additional costs to avoid unpleasant surprises.
6. Administrative and legal procedures for investing in new property in Marrakech
- Signing the reservation contract: Once you have chosen your property, you sign a contract with the developer.
- Deed of sale: Signed at a notary’s office to formalize the transaction.
- Registration and taxes: Make sure you comply with all legal formalities.
7. Tax benefits of investing in new property in Marrakech
- Reduced notary fees: When you buy a new property, you pay around 2-3% in notary fees, compared with 6-8% for an older property.
- Tax exemptions: Certain tax exemptions may apply to investors, particularly for rental properties.
8. Mistakes to avoid when investing in new property in Marrakech
- Neglecting location: Location plays a key role in the value of your property.
- Forget ancillary costs: Include all costs in your projected budget.
- Don’t check warranties: Make sure your property is covered by legal warranties (decennial, biennial, etc.).
9. Conclusion and tips for a successful investment in new property in Marrakech
Investing in new real estate in Marrakech is a unique opportunity to benefit from a modern, secure and profitable property. Projects such as Résidence Sakina in Chrifia offer homes tailored to the needs of families, expatriates and investors.
For a successful investment :
- Choose a strategic location.
- Choose trusted promoters.
- Take advantage of the tax benefits and guarantees offered for new properties.
Ready to take the plunge? Contact Holding Immo to find out more about Résidence Sakina and schedule your visit today!