In the midNovember it is not less than 27 C

It is 15 h 30 in Marrakech. In the Airport brand-new, passengers from Paris are quick to remove sweaters and coats. In the mid-November, it is not less than 27 C. An overwhelming majority, the crowd is made up of seniors. The climate in part, but in part only, their attraction for the country, where many choose to reside permanently. Because if install to the Morocco also means to offer a train of incomparable life on the Continent. A couple of seniors with 2,000 to 3,000 euros can conduct large train and even pay for the services of a woman of household or a gardener. Side tax, these newcomers are waving in the direction of the hair: little income (80 of discount) tax, no inheritance, exemption from rental income the first three years in the nine and then 40 discount... Assets which have been the success of the Morocco, as real estate prices stayed very affordable compared to the European prices, even though they were singed in recent years.

The effects of the crisis

Marrakech, a spacious riad in the Medina or a family apartment in Guéliz or wintering quarters can be purchased for less than 150,000 euros. Not even the price of a studio in Paris! Reflected in this riad of 200 m2 (eight parts) to renovate entièrement appears to 140,000 euros or the three parts of 102 m2en very good state price 148.500 euros, avenue Mohammed VI. The Imperial City, which was singed the first, is indeed its market fell as a soufflé of the crisis. What is true for Marrakech is also true for Tangier, Agadir and Essaouira. And it is the high range real estate and new construction that suffer the most. It is sufficient to observe the building stopped at the four corners of the city to realize that the recession is passed by there.

relativizes Samir el Chammah, responsible of the SMAP Immo, the Moroccan real estate exhibition in Paris. His eyes, outstanding programs are often proponents not professionals attracted by the soaring prices of recent years. So, this specialist recognizes as "marketing is a slowdown for the goods exceeding 1,500 euros per square metre, i.e. housing high range, mainly in Marrakech and Tangier". Result, "If in residence transactions fell by only 10 range high secondary residence, they decreased by 30 ", he says.

New opportunities

The price decline is. But for professionals, it is considered healthy. Because it creates new opportunities for foreign customers. Hence the renewed interest of buyers and a certain upturn of the market. "On the top of range, the activity is distributed, confirms Freycinet Séverine, the head of the Agency Emile Garcin of Marrakech, but sales are sometimes difficult to realize because the customer wants to be sure not to err.".If, on the way to range, prices range between 700 and 1,500 euros per square metre, however, on the top of range, they can reach 2,500 to 3,000 euros for the same area.

At Marrakech, riads restored exchange between 400 000 and EUR 1 million. For evidence, this superbe riad of 365 m2avec two patios, sale to 860,000 euros. In the Palm Grove neighbourhood in touch with the desert and the Atlas, but that figure of oasis and the gardens of the villas of luxury - often overdone - are lush... 1.110 M2avec one hectare of land, one of them, is being priced at EUR 2.9 million. Barely more than 2,600 euros per square meter! Others are still broader, valued by a customer arriving for United Arab Emirates.

Tangier, the activity is in the image of that of Marrakech, but "customers appreciate the proximity of the Spain and the more temperate climate," explains Jérôme Garcin, the head of the Agency Emile Garcin local. The prices are of the same order. In the Kasbah, a property of 350 m2se sells 900,000 euros. And 2 million, can find a House of 750 m2avec a park of one hectare.

Casablanca change of face

Curiously remained off fever Builder of most other cities, Casablanca seeks to catch her and to climb to the rank of the metropolitan areas of international affairs. The reconquest of his waterfront, already well advanced, evidenced. This huge site will go to the Casablancais sea front, previously blocked by port activities. "Finished the slums, place to a worthy of the largest resorts cornice", exclaims the head of the Agency Cafpi of Casablanca. In a good neighbourhood (root, Gauthier...), beginning around 1,200 euros per square metre, but in the "golden triangle" (the corniche), values fly between 1,600 and 2,000 euros, or even 3,000 euros in the nine.