Tangier
What can you buy with MAD 3 million in Tangier?
With a budget of MAD 3 million in Tangier, you can aim for about 135 to 500 m² in a new build, depending on the neighbourhood (before purchase costs). Gzenaya · Free zone is where this budget goes furthest.
Size you can buy by neighbourhood in Tangier
| Neighbourhood | Size you can buy | Home type |
|---|---|---|
| Gzenaya · Free zone | 355 – 500 m² | large 3-bedroom or villa |
| Branes · Moujahidine · Mesnana | 315 – 460 m² | large 3-bedroom or villa |
| Boubana · California · Achakar | 190 – 300 m² | large 3-bedroom or villa |
| Marshan · Centre · Iberia | 175 – 300 m² | large 3-bedroom or villa |
| Malabata · Corniche · Bay | 135 – 230 m² | 3-bedroom |
Size = budget ÷ price per m² (top then bottom of the area’s range). Home type estimated on the average size. Indicative 2025-2026 new-build benchmarks tracked by ABRAJ (price per m² by neighbourhood), before purchase costs. ABRAJ publishes no listings: an advisor searches for the matching property.
Financing MAD 3 million: down payment, monthly payment, income
| Price | MAD 3,000,000 |
| 20% down payment | MAD 600,000 |
| Purchase costs (≈ 7%) | MAD 200,000 |
| Cash needed (down payment + costs) | MAD 800,000 |
| Loan amount | MAD 2,400,000 |
| Monthly payment, 20 years (4.5%) | MAD 15,200 |
| Monthly payment, 25 years | MAD 13,300 |
| Recommended net income (25 years) | MAD 33,300 |
Excluding insurance, indicative 2026 fixed rate. Banks usually cap repayments at 40% of net income. Prices based on new-build benchmarks, to be confirmed property by property.
Our reading of this budget in Tangier
A 2-bedroom apartment (≈ 95 m²) is within reach in Gzenaya · Free zone, Branes · Moujahidine · Mesnana, Boubana · California · Achakar, Marshan · Centre · Iberia.
Near the sea, Marshan · Centre · Iberia remains possible with about 220 m².
Add about 7% in purchase costs (MAD 200,000): registration duties, land registry, notary.
The same budget in other cities
| City | Average size | Home type |
|---|---|---|
| Oujda | 480 m² | large 3-bedroom or villa |
| Meknes | 445 m² | large 3-bedroom or villa |
| Fez | 385 m² | large 3-bedroom or villa |
| Kenitra | 355 m² | large 3-bedroom or villa |
| El Jadida | 325 m² | large 3-bedroom or villa |
| Tetouan | 315 m² | large 3-bedroom or villa |
| Agadir | 300 m² | large 3-bedroom or villa |
| Mohammedia | 275 m² | large 3-bedroom or villa |
| Marrakech | 250 m² | large 3-bedroom or villa |
| Casablanca | 240 m² | large 3-bedroom or villa |
| Essaouira | 240 m² | large 3-bedroom or villa |
| Rabat | 220 m² | large 3-bedroom or villa |
Other budgets in Tangier
Frequently asked questions
What can you buy with MAD 3 million in Tangier?
About 135 to 500 m² in a new build depending on the area, typically a large 3-bedroom or villa. Gzenaya · Free zone is where this budget goes furthest.
What salary to buy a MAD 3 million property?
With 20% down and a 25-year loan, the monthly payment is about MAD 13,300: a net income of about MAD 33,300 a month is recommended.
What down payment for MAD 3 million?
Banks often ask for 10 to 20% down plus purchase costs: plan about MAD 800,000 in cash (20% + costs).
What costs on top of MAD 3 million?
About MAD 200,000 for a new build: registration duties 4%, land registry 1.5%, notary about 1% + VAT.
Your project in Tangier with MAD 3 million?
Describe your project: an ABRAJ advisor shortlists the new developments that fit your budget, free and with no commitment.
Last updated: 2026-10-20