Property purchase costs in Morocco
Purchase costs for a MAD 3,000,000 property
For a new home bought for MAD 3,000,000 from a developer, plan about MAD 199,700 in purchase costs, i.e. 6.7% of the price. Here is the line-by-line breakdown, then the down payment and monthly payment.
Cost breakdown
| Item | Amount |
|---|---|
| Registration duties (4%) | MAD 120,000 |
| Land registry (1.5% + fixed fees) | MAD 45,200 |
| Notary (≈ 1% + 10% VAT) | MAD 33,000 |
| Sundries | MAD 1,500 |
| Total costs | MAD 199,700 |
Indicative figures for a new home bought from a developer. Notary fees can be negotiated; a mortgage adds further costs (charge registration). To be confirmed by your notary.
Down payment and monthly payment for MAD 3,000,000
| 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.
What MAD 3,000,000 buys by city
| 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 |
| Tangier | 280 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 |
Costs for other prices
- Purchase costs for a MAD 300,000 property
- Purchase costs for a MAD 400,000 property
- Purchase costs for a MAD 500,000 property
- Purchase costs for a MAD 600,000 property
- Purchase costs for a MAD 700,000 property
- Purchase costs for a MAD 800,000 property
- Purchase costs for a MAD 1,000,000 property
- Purchase costs for a MAD 1,200,000 property
- Purchase costs for a MAD 1,500,000 property
- Purchase costs for a MAD 2,000,000 property
- Purchase costs for a MAD 2,500,000 property
- Purchase costs for a MAD 5,000,000 property
Frequently asked questions
How much are notary fees for MAD 3,000,000?
About MAD 199,700 in total for a new build: registration duties, land registry, fees and sundries.
Can purchase costs be financed?
Rarely: banks finance the price, costs come from your savings. For MAD 3,000,000, plan about MAD 800,000 in cash with 20% down.
A MAD 3,000,000 project?
Describe your project: an ABRAJ advisor shortlists the new developments that fit your budget, free and with no commitment.
Last updated: 2026-10-20