Morocco’s Luxury Real Estate Leaders
The Kensington Morocco team have decades of real estate expertise and speak seven languages between them, so we can help find you the perfect property in this stunning country. From traditional riads to pristine coastal villas, we have something to suit everyone! With our unrivalled knowledge of this magical place, let us take care of all the arrangements and make your experience unforgettable.
This is why Kensington Morocco is a premier real estate agency. We specialize in the luxury property market and offer unparalleled service to our clients, making us one of the most established real estate and holiday agencies in Morocco.
Luxury Villas for Sale and Rent
For the past forty years, in the wake of Yves Saint Laurent and his magic, Marrakech has found a new artistic and architectural renaissance. This modern era offers a new diversified range of developments emphasizing the talent and the knowledge of Moroccan craftsmen and International alike.
Marrakech is a city bursting with energy, so there's nothing better than living or staying in the comfort of a villa with swimming pool in Marrakech. Each villa in Marrakech has its own house staff: chauffeur, cook, cleaning lady and, very often, premium, personalised concierge services on request.
Popular Areas We Cover
Marrakech
Marrakech is located in the centre of Morocco, north of the High Atlas Mountains, which are covered in snow for a few months of the year, guaranteeing magnificent landscapes and superb hiking. The melting of the snow makes Marrakech rich, as it would be much drier without this providential water. Marrakech is a city of spectacle and its famous Jemaa el Fna square provides the biggest open air show in the world.
Fés
Casablanca
Agadir
Tangier
Essaouira
Living the dream in Morocco
If you are looking for properties in Morocco, villas in Marrakech, riads for sale or any other type of property for sale or rent, please contact us by filling out our contact form. You can also contact our office at +212 5 24 42 22 29, or our mobile line +212 6 61 55 09 05.
While waiting for your visit to Marrakech, take a look at our different properties available for sale or for rent by clicking on the corresponding tabs at the top of the page.
Our FAQs
What a foreigner can't buy :
With the exception of Tunisians and Senegalese (Ifrane Convention), no other foreigner may acquire property in Morocco for agricultural use (concept of VNA).Public limited companies, even if they are formed by Moroccans and have their registered office in Morocco, may not acquire property for agricultural use.Only Moroccan public bodies, limited companies (where all the members must be Moroccan nationals), cooperatives or partnerships of Moroccan nationality may acquire agricultural land.The only way a foreigner can buy agricultural land is to classify it as non-agricultural land (by obtaining the VNA, vocation non agricole). In practice, this VNA can never be obtained for irrigated land.The VNA process (provisional at first) involves strict constraints: obtaining an exemption for a project, usually for tourism, and a ban on selling the land before the project is completed. This prohibition applies both to the transfer of the land title and to the transfer of shares in a company that could be the beneficiary of the VNA and owner of the land. In addition, the State has the right to seize land with undeveloped VNA.It should also be pointed out that when planning permission is granted, the investor must request confirmation of the provisional VNA. Only this confirmation will release the property from the registrations in favour of the State and authorise its sale.This VNA process has been suspended for more than two years.Foreigners wishing to develop agricultural projects can sign short- or long-term emphyteutic leases.The property regime in Morocco
Moroccan property law is complex due to the existence of several ancestral regimes. We therefore recommend that risk-averse investors restrict themselves to properties that have a land title or are subject to requisition.Guiche refers to land (and other property) donated by the Sultans to reward the merits of their warriors. A "guiche" property always belongs to the State and may be inherited or leased, but never sold.Land belonging to the State's Private Estate follows a similar path to Guiche. Its owners have a right of use that can be transferred. Their sale by the State is discussed, but not yet agreed. In this case, the buyer will have to ensure that the sum of the purchase of the right of use and the compensation from the State does not make the transaction too costly.Melquia was the rule in Morocco until the creation of the Land Registry. The adouls, who are sworn in by the Ministry of Justice, still operate alongside the notaries. Their deeds, based on customary law, define a property in an approximate way, using unmeasured elements. They are registered at the adoul court and are invaluable because they serve as the basis for the various stages involved in obtaining a land title.The requisition is an intermediate stage between the Melquia and the land title. This adversarial procedure between a landowner and his neighbours enables the property boundaries to be definitively fixed following a double consultation. This often results in a different surface area than that indicated by the Melquia.The land title or title deed is the most reassuring element for any buyer. It identifies the property by a unique title number, describes the surface area and any buildings, and discloses any easements, mortgages and other encumbrances. Above all, it is indisputable and eliminates any history that is not mentioned.The owner of a property with land title is the full owner.The role of the notary
The notary is the determining factor in the real estate transfer process in Morocco. He is authorised to exercise his mission as a public authority by Dahir (i.e. by royal decree) and relies on two important modern tools:- the ANCFCC (National Agency for Land Conservation, Cadastre and Cartography) lists all titled properties and makes it possible to monitor in real time the life of all these properties: their origin, the existence of mortgages, easements or other inscriptions
- the Caisse de Dépôt et de Gestion, a state bank, into which notaries are obliged to deposit all sums received in payment for a property while awaiting the finalisation of the transaction and, above all, the registration of the property in the name of the new owner with the Land Registry. Thus, any investor is assured of taking no risk in investing in Morocco.
- or a direct sale if the funds are available and the parties agree on all points, including the date of transfer of ownership.
- or with a provisional sale agreement containing all the terms of the future final deed but allowing both parties to give themselves a deadline, particularly in the case of a transfer of funds from abroad or a bank loan.
Foreign exchange regulations
Morocco still applies exchange regulations, which impose seemingly complicated operating rules. Hence the reluctance of many investors, worried about not being able to recover their funds on resale.In fact, transferring funds from Morocco to any foreign country is very simple for those who comply with the rules:- Opening an account in convertible dirhams to which the currency used for the acquisition will be transferred
- Or payment of the purchase price into the notary's business account
- Short direct flights from most European cities and more and more direct flights from America, South America and The Middle East
- All year round near perfect climate which enables the possibility of renting your property to holiday makers and reaping a good rental return – in 2014 14m people visited Morocco.
- Morocco offers something unique and more exotic than European destinations
- The property market has unfairly suffered in the past few years due to the recent turmoil in other North African countries whilst Morocco itself remains safe and secure; now is a good time to invest in villas Marrakech, with property prices well of their highs.
- Economically the country is doing well, growing at approximately 5% per annum.
- Morocco is a richly diverse country with something to suit all tastes, from the majestic Atlas mountains, vibrant souks to miles of stunning beaches and historic imperial cities
- There is major foreign investment throughout Morocco, breathing life into the country from the new port in Tangier to the world’s largest solar energy farm in the south.
- All the major international 5-star hotel chains have opened in Marrakech, including The Four Seasons, Oberoi, Mandarin Oriental, Aman and Beechcomer to name a few.
- There are now 15 luxury golf courses within a few miles of Marrakech, making it a top-notch rival golfing destination to The Algarve and Costa del Sol. R