Property purchase costs in Morocco
Purchase costs for a MAD 400,000 property
For a new home bought for MAD 400,000 from a developer, plan about MAD 28,100 in purchase costs, i.e. 7.0% 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 16,000 |
| Land registry (1.5% + fixed fees) | MAD 6,200 |
| Notary (≈ 1% + 10% VAT) | MAD 4,400 |
| Sundries | MAD 1,500 |
| Total costs | MAD 28,100 |
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 400,000
| Price | MAD 400,000 |
| 20% down payment | MAD 80,000 |
| Purchase costs (≈ 7%) | MAD 30,000 |
| Cash needed (down payment + costs) | MAD 110,000 |
| Loan amount | MAD 320,000 |
| Monthly payment, 20 years (4.5%) | MAD 2,000 |
| Monthly payment, 25 years | MAD 1,800 |
| Recommended net income (25 years) | MAD 4,500 |
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 400,000 buys by city
| City | Average size | Home type |
|---|---|---|
| Oujda | 65 m² | 1-bedroom |
| Meknes | 60 m² | 1-bedroom |
| Fez | 50 m² | studio |
| Kenitra | 45 m² | studio |
| El Jadida | 45 m² | studio |
| Agadir | 40 m² | studio |
| Tetouan | 40 m² | studio |
| Marrakech | 35 m² | studio |
| Tangier | 35 m² | studio |
| Mohammedia | 35 m² | studio |
| Casablanca | 30 m² | studio |
| Rabat | 30 m² | studio |
| Essaouira | 30 m² | studio |
Costs for other prices
- Purchase costs for a MAD 300,000 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 3,000,000 property
- Purchase costs for a MAD 5,000,000 property
Frequently asked questions
How much are notary fees for MAD 400,000?
About MAD 28,100 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 400,000, plan about MAD 110,000 in cash with 20% down.
A MAD 400,000 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