Morocco property prices

Morocco property prices by city: Rabat, Marrakech, Tangier, Agadir, Essaouira (2026)

Short answer. In 2025 to 2026, the highest asking prices were in Rabat (about about 1,167 EUR per square meter) and the lowest in Essaouira (about about 662 EUR per square meter), a gap of about 76%. These are asking prices converted to euros, shown next to the official real trend. Source: Agenz (asking prices), converted to euros at about 10.6 dirham per euro.

Updated 8 June 2026Official source named

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Where these places are

Full data table

Morocco property prices by city: Rabat, Marrakech, Tangier, Agadir, Essaouira (2026). Prices in EUR per square meter.
CityAsking (EUR/sqm)Sold (EUR/sqm)Change, 12 monthsTrend
Rabatabout 1,167n/an/aStable
Marrakechabout 836n/an/aStable
Tangierabout 756n/an/aStable
Agadirabout 747n/an/aStable
Essaouiraabout 662n/an/aStable

Source: Agenz (asking prices), converted to euros at about 10.6 dirham per euro. https://agenz.ma/en/prix-immobilier-maroc

Official trend

Morocco's real (inflation adjusted) BIS residential property price index rose about 0.4% over the year to 2025-Q4, with the index at 80.0 (2010 = 100). This is the official trend behind the asking prices above. Source: BIS (Bank for International Settlements), fetched 2026-06-08. https://data.bis.org/topics/RPP

How we know these numbers

Morocco's official trend comes from the joint Bank Al-Maghrib and ANCFCC real estate price index (IPAI), also covered by the BIS. Prices have been broadly flat, with the residential index up about 0.8 percent over 2025. The per square meter figures here are asking prices from the portal Agenz, converted to euros at about 10.6 dirham per euro. Moroccan data is thinner than Europe, and prices vary by a factor of three or four between budget and premium districts, so treat city averages as broad.

These are asking prices from Agenz converted to euros at about 10.6 dirham per euro. They are city-wide averages that blend budget and premium districts, which differ by a factor of three or four. The official IPAI residential index (Bank Al-Maghrib and ANCFCC) was up about 0.8 percent over 2025, so the market is broadly flat.

Frequently asked questions

Which Moroccan city is most expensive per square meter?

Rabat and Casablanca lead at over 1,000 EUR per square meter asking on city averages. Marrakech, Tangier, Agadir and Essaouira are cheaper on average, though their luxury segments run far higher.

Are Moroccan prices rising?

Barely. The official IPAI residential index was up only about 0.8 percent over 2025, and in real terms close to flat. Morocco is a steady market, not a fast-rising one.

Are these official prices?

No. They are asking prices from the portal Agenz, converted to euros. The official trend is the Bank Al-Maghrib and ANCFCC index, also covered by the BIS.

Sources