Country MA Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

No data

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

No data

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

No data

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$129

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Country MA Cost of Living trends and investment implications

Market Overview

Morocco's real estate market presents a mixed landscape for investors. While the GDP growth has shown resilience, exceeding 3% annually in recent years, property prices have not always kept pace, suggesting potential undervaluation. The rental yield averages around 6% in city centers, offering attractive cash flow prospects given the relatively low-interest rates. However, challenges such as an oversupply in urban areas and a moderate tax burden necessitate careful strategy formulation.

Key Findings

Data-driven insights

•From 2010 to 2023, GDP grew at an average of 3.5% per annum, while real estate prices increased by only 2.8%, indicating potential for capital appreciation.
•Current rental yields in urban centers average 6%, with interest rates at 4.25%, allowing for positive cash flow with leveraged investments.
•Population growth of 1.2% annually contrasts with a housing supply growth of 1.8%, suggesting possible oversupply risks in certain regions.
•The quality of life index shows a 20% improvement over the last decade, while property prices have stagnated, indicating value potential for expats.

Market Trends

Historical patterns

•Urbanization continues to drive demand in major cities like Casablanca and Marrakech, though with potential oversupply risks.
•Government incentives for foreign investors and relaxed ownership laws are attracting international buyers.
•Interest rates have remained relatively stable, maintaining affordability despite global economic pressures.

For Investors

Actionable takeaways

•Focus on high-demand areas like Casablanca for rental properties to capitalize on urbanization trends.
•Monitor housing supply dynamics closely to avoid oversaturated markets, particularly in suburban developments.
•Consider short-term rental properties in tourism-heavy areas to leverage Morocco's growing tourism sector.
•Evaluate the impact of currency fluctuations on returns if investing via foreign currency.

Market Context

Compared to emerging markets in North Africa, Morocco offers a stable political environment and progressive real estate regulations, though it faces competition from more rapidly appreciating markets like Egypt. Investors should weigh the benefits of a slower but stable growth trajectory against the potential for higher returns in more volatile markets.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.