The cost of buying property in Morocco: taxes & fees
Buying property in Morocco comes with various costs and taxes that you should be aware of before making a decision.
This guide outlines the one-off purchase costs, ongoing ownership expenses, and provides a clear example to help you budget appropriately.
One-off Purchase Costs
When purchasing property in Morocco, expect to pay several one-off costs in addition to the property price. These typically include transfer tax, notary fees, and legal fees.
The total amount can range from 7% to 10% of the property's purchase price, depending on the region and specific circumstances.
Transfer Tax and Notary Fees
The transfer tax (also known as registration tax) in Morocco generally ranges from around 4% to 6% of the property value. Together with notary fees, which typically amount to about 1% to 2% of the purchase price, this can significantly impact your overall budget.
It's essential to consult an official source or a lawyer for any recent changes to these rates.
Legal and Conveyancing Fees
Choosing a qualified lawyer or conveyancer is crucial when buying property in Morocco. Their fees usually range from 1% to 2% of the property's purchase price and include services such as preparing contracts and ensuring clear ownership transfers.
Always ensure your legal representative is registered and has good reviews.
Example Calculation
Using the median asking price of €250,000, if we estimate total one-off costs to be approximately 8% of the purchase price, you would budget around €20,000 for these expenses.
This means, overall, your total budget for the purchase could be approximately €270,000.
Recurring Costs of Ownership
Once you own property in Morocco, you will need to budget for ongoing costs. This includes annual property tax, which typically ranges from 0.1% to 0.5% of the property's value.
Additionally, community or condo fees, utilities, and insurance costs can vary. It’s wise to account for these recurring expenses to ensure financial stability.
Mortgage Costs for Non-Residents
Securing a mortgage as a non-resident in Morocco can be more challenging. While some banks offer loans to foreigners, the terms and conditions vary significantly. Charges may include higher interest rates and stricter requirements.
Always speak with local banks and mortgage advisors to understand your options better.
Frequently asked questions
What are the total costs on top of the property's price?
You can expect to pay around 7% to 10% of the property's purchase price in one-off costs.
Are there ongoing costs after I purchase property?
Yes, ongoing costs include annual property tax, community fees, utilities, and insurance.
Can non-residents obtain a mortgage in Morocco?
Yes, non-residents can secure mortgages, but terms may be less favourable than for residents.
How do I find a qualified lawyer for my property purchase?
Research local legal professionals, checking for qualifications, experience, and reviews before selecting one.
What factors can influence the total purchase cost?
Factors include the property's location, size, and any applicable local regulations, so consult a local expert for specifics.
This guide is general information, not legal, tax or immigration advice. Rules change — verify the current position with official sources and a qualified professional before acting. Last reviewed July 2026.