Buying in Essaouira
Buy a villa in Essaouira
In the villa neighbourhoods of Essaouira, expect on average 8,000 – 13,000 MAD/m². Here are the areas to look in, the budget by size, monthly 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.
Villa prices in Essaouira by size
| Villa ≈ 200 m² | MAD 1,600,000 – MAD 2,600,000 |
| Villa ≈ 300 m² | MAD 2,400,000 – MAD 3,900,000 |
| Villa ≈ 450 m² | MAD 3,600,000 – MAD 5,850,000 |
Villa neighbourhoods in Essaouira
| Ghazoua · Route de Marrakech · Diabat | 8,000 – 13,000 MAD/m² |
Financing example in Essaouira
| Price (≈ 250 m²) | MAD 2,630,000 |
| 20% down payment | MAD 530,000 |
| Loan amount | MAD 2,100,000 |
| Monthly payment, 20 years (4.5%) | MAD 13,300 |
| Monthly payment, 25 years | MAD 11,700 |
| Recommended net income (25 years) | MAD 29,300 |
| Purchase costs (≈ 7%) | MAD 180,000 |
Excluding insurance, indicative fixed rate. Banks usually cap repayments at 40% of net income.
To live in
Frequent wind, a mild climate, a slow pace.
To invest
Tourist rentals and guesthouses, subject to authorisation.
How the purchase works
- Set the total budget: price + about 7% costs, plus upkeep (garden, pool).
- Choose between a villa in a gated community (security, services) and a standalone villa.
- Check the land title, plot boundaries, occupancy permit and planning rules.
- 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 a villa in Essaouira?
For a villa of about 200 m² in the villa neighbourhoods of Essaouira, expect MAD 1,600,000 to MAD 2,600,000 for a new build, depending on the area, plot and finishes.
What is the price per m² in Essaouira?
On average 8,000 – 13,000 MAD/m² for new builds. Ghazoua · Route de Marrakech · Diabat is among the most affordable areas, Ghazoua · Route de Marrakech · Diabat among the most expensive.
What monthly payment to buy in Essaouira?
For a MAD 2,630,000 home with 20% down, the payment is about MAD 11,700 over 25 years or MAD 13,300 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 2,630,000, plan around MAD 180,000.
Can a foreigner or a Moroccan abroad buy in Essaouira?
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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