Tangier is a vibrant city in northern Morocco, known for its coastal charm, rich history, and modern development. Many people are buying apartments here, drawn by the affordable prices, growing economy, and Mediterranean lifestyle. Whether you want a permanent home, a vacation property, or an investment opportunity, Tangier has something for everyone.
This guide covers everything you need to know about buying an apartment in Tangier, including pricing, neighborhoods, legal steps, and tips for making the right choice.
1. Why Invest in Apartments in Tangier?
Growing Real Estate Market
Tangier has experienced rapid growth in recent years. New construction projects, infrastructure improvements, and increased tourism have made the city attractive for property buyers.
Strategic Location
Tangier sits at the meeting point of the Mediterranean Sea and the Atlantic Ocean, just a short ferry ride from Spain. Its location makes it a great choice for those who want easy access to Europe while enjoying the benefits of living in Morocco.
Affordable Property Prices
Compared to cities like Casablanca and Marrakech, Tangier offers more affordable apartments, making it ideal for buyers looking for value.
Tourism & Rental Opportunities
With a strong tourism industry, there is a steady demand for rental apartments. Investors can earn income by renting their properties to short-term or long-term tenants.
2. Best Neighborhoods to Buy an Apartment in Tangier
Tangier has a mix of modern and traditional areas. Here are some top locations to consider:
City Center
This area offers modern apartments close to business hubs, shopping centers, and entertainment options. It is ideal for professionals and families who want convenience.
Marshan
Known for its historic charm and sea views, Marshan has upscale apartments with a quiet atmosphere.
Iberia & Malabata
These neighborhoods feature luxury apartments with beachfront access, making them popular with expats and investors.
Achakkar & Jbel Kbir
These areas offer a mix of villas and high-end apartments in a peaceful setting, away from the busy city streets.
Medina (Old Town)
For those who appreciate history and culture, the Medina offers traditional Moroccan-style apartments. This area attracts buyers looking for unique properties.
3. Types of Apartments Available in Tangier
Luxury Apartments
These high-end properties come with modern designs, premium amenities, and great views. They are often located in gated communities or along the coast.
Modern Condos
These are contemporary-style apartments in newly built buildings, often featuring elevators, security, and shared facilities.
Traditional Moroccan Apartments
These properties feature classic Moroccan architecture, including intricate tile work, wooden doors, and courtyards.
Affordable Housing
There are budget-friendly apartments available in different parts of the city, offering good value for buyers with a limited budget.
New Developments vs. Resale Properties
Buying a new development means getting a brand-new apartment with modern finishes, but resale properties may offer better locations and lower prices.
4. Prices of Apartments in Tangier
Average Prices per Square Meter
- City Center: $1,500 – $2,500
- Marshan: $2,000 – $3,500
- Malabata: $2,500 – $4,000
- Medina: $1,000 – $2,000
Factors Affecting Prices
- Location
- Apartment size
- Amenities (security, parking, elevators, pools)
- Proximity to the beach or city center
Market Trends
Property prices in Tangier have been rising steadily, but they remain lower than in many European cities. Many investors see strong potential for appreciation in the coming years.
5. Legal Aspects & Buying Process for Foreigners
Can Foreigners Buy Property in Tangier?
Yes, foreigners can buy property in Tangier without restrictions. However, it is important to follow the legal steps correctly.
Steps to Buying an Apartment
- Find a Property – Work with a reliable real estate agent or search listings online.
- Sign a Preliminary Agreement – This outlines the terms of the sale and secures the deal.
- Hire a Notary – A notary ensures the sale follows Moroccan laws and verifies all documents.
- Due Diligence – Confirm property ownership, check for debts, and inspect the apartment.
- Final Contract & Payment – Once everything is verified, the final contract is signed, and payment is made.
- Property Registration – The apartment is officially registered in your name.
Legal Documents Needed
- Title deed
- Sales contract
- Notary certification
- Tax payment proof
Financing & Mortgages
Foreign buyers can apply for mortgages in Morocco, but most prefer to buy in cash to speed up the process.
Taxes & Fees
- Registration tax: 4% of property price
- Notary fees: 1% – 2%
- Agency fees: Up to 3%
6. Living in Tangier – What to Expect After Buying
Cost of Living
Tangier offers an affordable lifestyle. Monthly expenses for a couple in a mid-range apartment can be around $1,000 – $1,500 including rent, utilities, and food.
Expat Community & Local Culture
Tangier has a growing expat community, and many locals speak French and English, making it easy to settle in.
Rental Income Potential
Apartments in tourist areas can generate rental income, especially through platforms like Airbnb. Long-term rentals also offer steady income.
7. Tips for Buying the Right Apartment in Tangier
Work with a Trusted Real Estate Agent
An experienced agent helps you find the best deals and ensures the process goes smoothly.
Visit Properties Before Buying
Check the apartment’s condition, location, and surrounding amenities before making a decision.
Consider Future Resale Value
Buy in areas with high demand to maximize your investment potential.
Check Building Amenities & Maintenance Costs
Understand all maintenance fees and services before finalizing your purchase.
Conclusion
Tangier offers great opportunities for apartment buyers, whether you are looking for a home, a vacation retreat, or an investment. The city’s growing economy, affordable prices, and Mediterranean lifestyle make it a top choice. If you are thinking about buying, start by researching neighborhoods, setting a budget, and working with a reliable agent. With the right approach, you can find the perfect apartment in this beautiful city.
