How to finance your property purchase in Marrakech: Loans and financing solutions
There are many ways to finance the purchase of a property in Marrakech, whether you're a resident or a non-resident. Whether you choose a traditional mortgage or alternative financing solutions, it's important to understand your options before you commit.
Home loans from Moroccan banks
Moroccan banks offer a wide range of property loans at competitive rates. Generally, a personal contribution of around 20% of the property price is required to obtain financing. Repayment terms can be up to 25 years, making monthly payments more affordable. Moroccan banks also offer tailored solutions for non-residents, making it easier for expatriates to access the local property market.
International loans
If you are an international investor or expatriate, some banks in your home country may offer loans to finance a property in Marrakech. It is advisable to compare local and international offers to choose the one that best suits your situation.
Islamic financing
Moroccan banks also offer Sharia-compliant financing options, known as “Murabaha.” This type of financing allows you to purchase a property interest-free, but with a resale agreement between the purchaser and the bank. This solution is particularly popular with investors seeking ethical financing.
Self-financing
If you have the necessary funds, self-financing your project can help you avoid the interest charges associated with bank loans. This option is often preferred by buyers who have already sold another property or who have substantial financial assets.
Whatever your choice, it's important to consult a financial advisor to assess the best solution for your profile. Vaneau Maroc works with several financial institutions and can guide you towards the best options for financing your property purchase in Marrakech.
Angle rue Loubnane et Rue Hassania 40000 Marrakech
Phone : +212 6 64 90 53 73
contact@vaneau.fr
There are many ways to finance the purchase of a property in Marrakech, whether you're a resident or a non-resident. Whether you choose a traditional mortgage or alternative financing solutions, it's important to understand your options before you commit.