Property Prices in Tangier, Morocco

Index Info
Price to Income Ratio: 19.17
Mortgage as Percentage of Income: 139.69%
Loan Affordability Index: 0.72
Price to Rent Ratio - City Centre: 20.78
Price to Rent Ratio - Outside of Centre: 20.89
Gross Rental Yield (City Centre): 4.81%
Gross Rental Yield (Outside of Centre): 4.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,666.67 MAD 2,500.00-6,500.00
Apartment (1 bedroom) Outside of Centre 2,062.50 MAD 1,500.00-3,000.00
Apartment (3 bedrooms) in City Centre 7,222.22 MAD 6,000.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 4,166.67 MAD 3,000.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,610.02 MAD 1,114.83-2,043.85
Price per Square Feet to Buy Apartment Outside of Centre 921.28 MAD 696.77-1,393.53
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,553.56 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.03 3.00-5.05

These data are based on 83 entries in the past 18 months from 14 different contributors.
Last update: December 2024

Sources and References
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