Buying in Meknes
Buy an apartment in Meknes
New apartments in Meknes are priced on average at 5,000 – 8,500 MAD/m². Here is what your budget buys, neighbourhood by neighbourhood, with mortgage payments and purchase costs.
Indicative ranges observed for new builds (2025-2026), varying with the residence, floor, view and developer. To be confirmed case by case.
Official Bank Al-Maghrib / ANCFCC index (Q2 2026) in Meknes: apartment prices −0.1% over the quarter, sales −12.3%.
Apartment prices in Meknes by size
| Studio (≈ 40 m²) | MAD 200,000 – MAD 340,000 |
| 1-bedroom (≈ 65 m²) | MAD 330,000 – MAD 550,000 |
| 2-bedroom (≈ 95 m²) | MAD 480,000 – MAD 810,000 |
| 3-bedroom (≈ 130 m²) | MAD 650,000 – MAD 1,110,000 |
Which neighbourhood to buy in Meknes?
| Toulal · Ouislane · Route d’Agouray | 5,000 – 7,500 MAD/m² |
| Hamria · Centre · Marjane | 6,000 – 9,000 MAD/m² |
Which part of Meknes for your project
- Families and schools : Hamria · Centre · Marjane (6,000 – 9,000 MAD/m²)
- Tight budget : Toulal · Ouislane · Route d’Agouray (5,000 – 7,500 MAD/m²)
Financing example in Meknes
| Price (≈ 95 m²) | MAD 640,000 |
| 20% down payment | MAD 130,000 |
| Loan amount | MAD 510,000 |
| Monthly payment, 20 years (4.5%) | MAD 3,200 |
| Monthly payment, 25 years | MAD 2,800 |
| Recommended net income (25 years) | MAD 7,000 |
| Purchase costs (≈ 7%) | MAD 40,000 |
Excluding insurance, indicative fixed rate. Banks usually cap repayments at 40% of net income.
To live in
A peaceful setting and a moderate cost of living.
To invest
Returns supported by low entry prices, with narrower rental demand.
How the purchase works
- Set the total budget: price + about 7% costs, then check your borrowing capacity.
- Choose the neighbourhood by commute, schools or rental yield.
- Check the land title, the building permit and, off-plan, the VEFA contract and completion guarantee.
- Sign the preliminary contract, get the loan offer, then the deed at the notary and registration at the land registry.
Frequently asked questions
What budget for an apartment in Meknes?
For a new 1-bedroom of about 65 m² in Meknes, expect MAD 330,000 to MAD 550,000 depending on the area, floor and building.
What is the price per m² in Meknes?
On average 5,000 – 8,500 MAD/m² for new builds. Toulal · Ouislane · Route d’Agouray is among the most affordable areas, Hamria · Centre · Marjane among the most expensive.
What monthly payment to buy in Meknes?
For a MAD 640,000 home with 20% down, the payment is about MAD 2,800 over 25 years or MAD 3,200 over 20 years at 4.5%, excluding insurance.
What costs on top of the price?
About 7% of the price for a new build: 4% registration duty, 1.5% land registry, notary and sundries. For MAD 640,000, plan around MAD 40,000.
Can a foreigner or a Moroccan abroad buy in Meknes?
Yes. Moroccans living abroad often finance up to 70-80% of the price with Moroccan banks; foreigners can buy a home with a land title, paying through a convertible dirham account.
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