There are presently many sales representatives and companies in the Moroccan market. You will find a multitude of small agencies, traditional Samsars that manage small client portfolios and what has become quite common are professional real estate agencies that work mostly with large European real estate companies. The Moroccan market is a competitive one that is becoming more and more professional. For more security it is preferable to use the services of a professional from the real estate business.

It would be advisable to know the legal nature of the property that you wish to acquire (for more information go to our legal section). It is important to distinguish between registered buildings and non registered buildings.

Taking the time to reflect

It is advised to take the time to reflect before making a definite decision: It is necessary to visit several properties to enable you to get an idea of the market price and of the type of property you may acquire with the budget you have.

Visit the property you are thinking of purchasing several times. This will enable you to get a general idea of the state of the property: walls, windows, floors, electric wiring, plumbing, acoustic insulation, brightness…You will take the time to discover the property from different angles.

You will have an idea of the distance the property is from public transportation, schools and commerces.

Determining the conditions of the sale

Once you have chosen the property you wish to purchase you will determine (possibly with your real estate agent) with the seller the conditions of the sale.

The conditions will be fixed at the notary at the time of signature of the sales agreement. It is necessary to know that there are many mandatory suspensive conditions in France and in Europe (example: obtaining financing) that do not exist in Morocco therefore will not be included in the sales agreement. If you wish to include specific suspensive conditions in the sales agreement you will need to have them drafted by the notary to enable you to have them stated in the sales agreement.

Note that the totality of the fees linked to an acquisition is to be paid by the buyer. The fees are composed of taxes, fiscal stamps, costs to obtain necessary administrative documents and notary fees.

All buyers of a property of a co-ownership building must imperatively inform themselves at the property conservation agency or at the syndic if the pre-emption right clause is stated in the co-ownership rule book of the building in question avoiding all unexpected and unpleasant surprises.

Make sure that the seller is up to date with co-ownership fees and charges. If the seller has not paid all fees owed before the sale the new owner will be responsible to pay for all unpaid bills of the previous owner. Therefore ask the seller to provide you with the expense account and report of the last general assembly meeting of the co-ownership. This will also enable you to learn if the co-ownership is properly managed and if there are specific procedures in process and if future work to the co-ownership property has been voted.

You can obtain this information from the syndic.

If you are using a professional for the sale (notary, solicitor) it will be the professional’s responsibility to obtain the information.

Finance and counsel

It is advisable to do a comparative study of the rates practised by different banking institutions.You can run a mortgage simulation on a loan simulator.

Signing the contract with the aid of a Notary

Registering your property proceeds depending on the property registration system. This presents the following advantages.
- The individualization of each building.
- The regulation of different elements of the building.
- The establishment of a definitive property title.

This procedure necessitates the signature of the notarial act by both parties. More detail is found in our section dedicated to notary’s role.

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