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Administrative procedures for buying a property in Marrakech: What you need to know

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Buying property in Marrakech is an important step for expatriates and investors wishing to take advantage of the unique appeal of this fast-growing Moroccan city. Whether it's for a primary or secondary residence, or a rental investment, Vaneau estate agency guides you through every step of the purchasing process to ensure a safe and transparent transaction.

Here are the essential administrative procedures for buying property in Marrakech, and the key points to bear in mind.

 

Introduction

Find the ideal property with the help of our agency

The first step is to find the property that matches your criteria. Vaneau Maroc has in-depth expertise in the local real estate market and a wide selection of properties, from traditional riads to modern villas. Once you've located the ideal property, you can begin the administrative steps to formalize the purchase.

Checking the property's legal conformity

Before signing, it's crucial to check the property's legal conformity. This includes :

  • Verification of the land title: This document, registered with the land registry, proves the seller's ownership and guarantees that the property is free of any mortgages or disputes.
  • Check building permits and planning permission (where applicable), to ensure that the property has been built in compliance with current legal standards.

Signing the preliminary sales agreement

Once all the necessary checks have been carried out, the next step is to sign a preliminary sales agreement (compromis de vente). This document formalizes the agreement between buyer and seller, specifying :

  • The characteristics of the property,
  • The agreed price, the deadline for signing the final deed.
  • The compromis de vente is binding on both parties, and a deposit is often required to reserve the property. Vaneau Maroc will help you to ensure that the preliminary sales agreement complies with the relevant standards and covers your interests in a transparent manner.

Opening a bank account in Morocco

To facilitate the purchase, we recommend that you open a bank account in a Moroccan bank, especially if you are a foreign investor. This account will enable you to transfer the funds needed for the property purchase and manage your local transactions. Vaneau Maroc can advise you on which banks are best suited to your profile and needs.

Signing the deed of sale before a notary

Signing the deed of sale is the final step in becoming the official owner of your property in Marrakech. This deed must be signed before a Moroccan notary,
who is responsible for :

  • Authenticate the transaction,
  • Register the property in the buyer's name,
  • Collect registration fees and costs related to the purchase.

Vaneau Maroc works with trusted notaries, ensuring that all legal formalities are complied with, and that you become a homeowner with complete peace of mind.

Fees and taxes to consider

As a buyer, you'll need to factor in several additional fees and taxes. These include

  • Registration fees (approximately 4% of the sale price),
  • Notary fees (1 to 2% of the sale price),
  • Real estate agency fees, if a commission has been agreed.

Our team will help you estimate these costs to avoid any unpleasant surprises.

Registering the property with the land registry

Once the deed of sale has been signed, the notary is responsible for registering the property with the land registry. This is crucial to register your title to the property in the buyer's name, and to ensure that the property is officially recorded in Moroccan registers. This registration is a guarantee of security for your real estate investment.

In short, buying property in Marrakech involves a number of specific administrative procedures. Thanks to Vaneau Maroc, you can rest assured that your purchase will be a safe one, and that your investment will be optimized in one of Morocco's most dynamic markets.

 

 Vaneau


Angle rue Loubnane et Rue Hassania 40000 Marrakech
Phone : +212 6 64 90 53 73
contact@vaneau.fr

Description

Buying property in Marrakech is an important step for expatriates and investors wishing to take advantage of the unique appeal of this fast-growing Moroccan city. Whether you're looking for a primary or secondary residence, or a rental investment, Vaneau estate agency will guide you through every step of the purchasing process to ensure a safe and transparent transaction.

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