Property Prices in Kenitra, Morocco

Index Info
Price to Income Ratio: 16.27
Mortgage as Percentage of Income: 108.27%
Loan Affordability Index: 0.92
Price to Rent Ratio - City Centre: 18.37
Price to Rent Ratio - Outside of Centre: 22.49
Gross Rental Yield (City Centre): 5.44%
Gross Rental Yield (Outside of Centre): 4.45%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 3,125.00 MAD 2,500.00-3,500.00
Apartment (1 bedroom) Outside of Centre 1,562.50 MAD 1,000.00-2,000.00
Apartment (3 bedrooms) in City Centre 5,000.00 MAD 4,000.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,083.33 MAD 2,000.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,105.15 MAD 899.99-1,207.73
Price per Square Feet to Buy Apartment Outside of Centre 743.22 MAD 743.22-743.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,057.50 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.00

These data are based on 31 entries in the past 18 months from 6 different contributors.
Last update: October 2024

Sources and References
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