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Buy in Essaouira

Buy an apartment in Médina · seafront

A new apartment in Médina or seafront usually sells for 12,000 – 20,000 MAD/m², +28% versus the Essaouira average. Area profile: seaside, upscale, city centre.

Apartment prices in Médina · seafront by size

Ranges based on the area’s price per m², before purchase costs (≈ 6 to 7.5% on top).

Studio (≈ 40 m²)MAD 480,000 – MAD 800,000
1-bedroom (≈ 65 m²)MAD 780,000 – MAD 1,300,000
2-bedroom (≈ 95 m²)MAD 1,140,000 – MAD 1,900,000
3-bedroom (≈ 130 m²)MAD 1,560,000 – MAD 2,600,000

What monthly payment to buy in Médina · seafront?

Price (≈ 95 m²)MAD 1,520,000
20% down paymentMAD 300,000
Loan amountMAD 1,220,000
Monthly payment, 20 years (4.5%)MAD 7,700
Monthly payment, 25 yearsMAD 6,800
Recommended net income (25 years)MAD 17,000
Purchase costs (≈ 7%)MAD 100,000

Excluding insurance, indicative fixed rate. Banks usually cap repayments at 40% of net income.

Why buy in Médina · seafront

Seaside, Upscale, City centre. A neighbourhood ABRAJ follows in Essaouira, with new developments and recent resales.

Prices are about 28% above the Essaouira average: demand is strong and resale is more liquid.

Before signing, check the land title, the building permit and the developer’s delivery schedule. Off-plan (VEFA) payments follow construction progress.

Apartments in other Essaouira neighbourhoods

Frequently asked questions

What is the price per m² in Médina · seafront?

For new builds, expect 12,000 – 20,000 MAD/m² in Médina or seafront (Essaouira), +28% versus the Essaouira average. Indicative 2025-2026 benchmark, varying by building, floor and view.

How much is a 1-bedroom apartment in Médina · seafront?

For a new 1-bedroom of about 65 m², expect MAD 780,000 – MAD 1,300,000 incl. VAT, before purchase costs (≈ 6 to 7.5% on top).

What salary to buy in Médina · seafront?

For a typical home at the middle of the range, with 20% down and a 25-year loan, the monthly payment is about MAD 6,800: you need a net income of about MAD 17,000 a month (40% debt ratio).

How to find an apartment in Médina · seafront?

Describe your project to ABRAJ: size, budget, timing. An advisor shortlists the developments and properties that match in Médina or seafront, free and with no commitment.

Looking in Médina · seafront?

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