Moroccans abroad: buying property in Morocco from overseas

1. Define the project and the budget

Second home, home for the family or rental investment: the goal drives the choice of city and neighbourhood. For an investment, look at rental demand and access to transport, schools and shops.

2. Financing

Moroccan banks offer mortgages dedicated to MRE, with files suited to income earned abroad. You can also pay cash, or combine a down payment and a loan.

3. Transfer the funds properly

Send the money by bank transfer in foreign currency to an account in Morocco and keep every receipt. Under foreign-exchange rules, a purchase funded in foreign currency makes it easier to repatriate the proceeds of a future sale.

4. Signing without being there

You can give a power of attorney to someone you trust, issued at the consulate or legalised according to the applicable rules. The notary can then complete the sale on your behalf.

5. Checking the property remotely

• Ask for a live video tour and recent photos.
• Have the notary check the land title and ownership certificate.
• For a new-build project, look into the developer and its past deliveries.

On Immofind you can chat directly with agencies and developers from abroad, and save your searches to be told about new listings.