Real Estate in Rabat, Morocco
Last updated on Nov 15, 2024
Summary: The most desirable neighborhoods in Rabat, Morocco are Agdal, Souissi, and Hay Riad. The average cost to buy a nice 2 bedroom home in Rabat is around $150,000 USD, while a nice 3 bedroom home can cost around $200,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and modern appliances. Foreigners are allowed to purchase property in Rabat, however, they must obtain a permit from the Ministry of Interior. The best way for an expat to search for a home to buy in Rabat is to use a real estate agent or search online for listings. It is also important to research the area and the neighborhood before making a purchase.
How do I find a place to live in Rabat?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Rabat is to search online for rental listings. Websites such as Airbnb, Expedia, and HomeAway offer a variety of rental options in Rabat. Additionally, there are many local real estate agents who specialize in helping people find rental properties in Rabat. It is also possible to find rental listings in local newspapers and on bulletin boards in the city. Finally, it is possible to find a place to live in Rabat by asking around in the local community. Word of mouth is often the best way to find a place to live in a new city," explained one expat living in Rabat, Morocco.
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What is a typical expat home or apartment like in Rabat?
"Expat homes and apartments in Rabat typically feature modern amenities and furnishings, with many having balconies or terraces that offer stunning views of the city. Many expat homes and apartments are located in the city center, close to shops, restaurants, and other amenities. Expat homes and apartments often feature air conditioning, high-speed internet, and modern appliances. Many expat homes and apartments also have access to a shared pool, gym, and other recreational facilities," said one expat who made the move to Rabat.
What is the average cost of housing in Rabat?
If you are thinking about moving to Rabat, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Rabat can vary greatly depending on the type of accommodation and the area. Generally, renting an apartment in the city center can cost between 500 and 1,000 Moroccan Dirhams (MAD) per month, while renting a house in the suburbs can cost between 1,000 and 2,000 MAD per month. Prices for furnished apartments and villas can be significantly higher," remarked one member in Rabat.
Should I buy or rent a home in Rabat?
If you have not spent a lot of time in Rabat, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"At this point, just renting. Not difficult. I have friends who helped me, so it was not a problem," explained one expat living in Rabat, Morocco.
"When deciding whether to buy or rent a home in Rabat, it is important to consider your budget, lifestyle, and long-term plans. Buying a home in Rabat can be a great investment, as the city is growing in popularity and real estate prices are expected to rise. However, it is important to consider the costs associated with buying a home, such as closing costs, taxes, and maintenance. Renting a home in Rabat can be a more affordable option, and it can provide more flexibility if you are not sure how long you will be living in the city. Ultimately, the decision to buy or rent a home in Rabat should be based on your individual needs and preferences," said one person in Rabat.
What do I need to know when buying property in Rabat?
When we asked expats what advice they would give a foreigner before buying a property in Rabat, they said:
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Rabat, including any restrictions or taxes that may apply. 3. It is important to have a clear understanding of the local infrastructure and amenities in the area, such as transportation, schools, and healthcare. 4. It is important to have a clear understanding of the local culture and customs, as well as any potential cultural or religious restrictions that may apply. 5. It is important to have a clear understanding of the local economy and job market, as well as any potential economic or political risks that may apply. 6. It is important to have a clear understanding of the local housing market, including any potential risks associated with the purchase of a property. 7. It is important to have a clear understanding of the local banking system and any potential risks associated with financing a property purchase. 8. It is important to have a clear understanding of the local rental market, including any potential risks associated with renting out a property," said one expat in Rabat.
Are foreigners allowed to own property in Rabat?
When we asked expats what advice they would give a foreigner before buying a property in Rabat, they said...
"Yes, foreigners are allowed to own property in Rabat. However, there are certain restrictions and procedures that must be followed. Foreigners can purchase most types of property, including residential and commercial properties, but they are not allowed to buy agricultural land without special permission from the Moroccan government. To purchase a property, a foreigner must obtain a certificate from the Foreign Exchange Office, which confirms the origin of the funds used for the purchase. Additionally, all property transactions must be conducted through a notary, who will ensure that the necessary paperwork is completed and taxes are paid," said one expat in Rabat.
What appliances are typically included in a rental?
We asked foreigners in Rabat what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In a rental property in Rabat, tenants can typically expect to find a refrigerator, stove, oven, and washing machine. Additionally, some properties may include a dishwasher, microwave, and air conditioning unit," explained one person living in Rabat, Morocco.
Additional Information about Searching for a Home in Rabat:
We asked foreigners in Rabat what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in Rabat often start by browsing online property portals and websites that cater specifically to expats, such as Mubawab, Sarouty, and Expatriates.com. They may also join local Facebook groups and online forums where they can ask for recommendations and advice from fellow expats who have already gone through the process. Another option is to visit local real estate agencies in Rabat, where they can speak with agents who are familiar with the local market and can help them find a suitable home. Expats may also network with colleagues, friends, and acquaintances who live in the area to get recommendations for neighborhoods and properties. In addition, expats may explore popular neighborhoods in Rabat, such as Agdal, Hay Riad, and Souissi, to get a feel for the area and identify potential homes. They may also attend open houses or schedule viewings with property owners or agents to see homes in person. Lastly, expats may consider hiring a relocation consultant or a real estate agent who specializes in helping foreigners find homes in Rabat. These professionals can provide valuable guidance and support throughout the entire process, from identifying suitable properties to negotiating lease terms and finalizing the rental agreement," explained one foreigner living in Rabat, Morocco.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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