Marrakech real estate news in 2023

In 2023, the Marrakech real estate market continues to grow at a healthy pace, with increased demand for residential and commercial properties across the city. Domestic and foreign investors continue to flock to Marrakech to seize the opportunities offered by the city’s dynamic real estate market.

The most desirable areas of Marrakech are still the Medina, Guéliz and Hivernage, with high demand for restored historic properties, luxury villas, luxury apartments and commercial premises.

The rental market also continues to grow, with strong demand for furnished apartments and vacation homes for foreign tourists and expatriates. Landlords are increasingly using online platforms to rent out their properties, making it easier to rent and providing greater visibility for their properties.

However, despite the rapid growth of the Marrakech property market, some concerns remain about the sustainability of this growth. Some experts fear that the high demand could lead to a real estate bubble, while others worry about the environmental and social impact of the construction of new real estate projects in the city.

In conclusion, the Marrakech real estate market continues to boom in 2023, offering many investment opportunities for buyers and tenants. However, it is important that market development is managed responsibly to ensure long-term sustainable growth.