Essaouira
Price of a 2-bedroom apartment in Essaouira
In Essaouira, a 2-bedroom apartment of about 95 m² in a new build usually costs MAD 860,000 – MAD 1,520,000. The lowest prices are in Ghazoua · Route de Marrakech · Diabat, the highest in Médina · seafront.
Price of a 2-bedroom apartment by neighbourhood in Essaouira
| Neighbourhood | Price (new build) | Monthly payment, 25 yrs |
|---|---|---|
| Ghazoua · Route de Marrakech · Diabat | MAD 760,000 – MAD 1,240,000 | MAD 4,400 |
| Médina · seafront | MAD 1,140,000 – MAD 1,900,000 | MAD 6,800 |
Range = typical size × the area’s price per m² (low and high), before purchase costs (≈ 7%). Monthly payment: 20% down, 25 years, mid-range price. 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.
Example: financing a 2-bedroom apartment at the Essaouira average price
| Price | MAD 1,190,000 |
| 20% down payment | MAD 240,000 |
| Purchase costs (≈ 7%) | MAD 80,000 |
| Cash needed (down payment + costs) | MAD 320,000 |
| Loan amount | MAD 950,000 |
| Monthly payment, 20 years (4.5%) | MAD 6,000 |
| Monthly payment, 25 years | MAD 5,300 |
| Recommended net income (25 years) | MAD 13,300 |
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.
Where to buy a 2-bedroom apartment in Essaouira
On a tight budget, Ghazoua · Route de Marrakech · Diabat offers the best price: MAD 760,000 – MAD 1,240,000.
To rent out, favour transport links, universities and job hubs.
By the sea, expect MAD 1,140,000 – MAD 1,900,000 in Médina · seafront.
Before reserving, check the land title, building permit and delivery schedule. Off-plan (VEFA) payments follow construction progress.
Price of a 2-bedroom apartment in other cities
| City | Price (new build) |
|---|---|
| Casablanca | MAD 860,000 – MAD 1,520,000 |
| Rabat | MAD 860,000 – MAD 1,710,000 |
| Marrakech | MAD 760,000 – MAD 1,520,000 |
| Tangier | MAD 710,000 – MAD 1,330,000 |
| Agadir | MAD 670,000 – MAD 1,240,000 |
| Fez | MAD 520,000 – MAD 950,000 |
| Meknes | MAD 480,000 – MAD 810,000 |
| Kenitra | MAD 570,000 – MAD 1,050,000 |
| Tetouan | MAD 570,000 – MAD 1,240,000 |
| Oujda | MAD 430,000 – MAD 760,000 |
| El Jadida | MAD 620,000 – MAD 1,140,000 |
| Mohammedia | MAD 760,000 – MAD 1,330,000 |
Other sizes in Essaouira
Frequently asked questions
What is the price of a 2-bedroom apartment in Essaouira?
Expect MAD 860,000 – MAD 1,520,000 for a 2-bedroom apartment of about 95 m² in a new build in Essaouira, depending on the area, before purchase costs.
Where to find a 2-bedroom apartment at a low price in Essaouira?
Ghazoua · Route de Marrakech · Diabat is the most affordable area (MAD 760,000 – MAD 1,240,000).
What salary to buy a 2-bedroom apartment in Essaouira?
At the average price (MAD 1,190,000), with 20% down over 25 years, the monthly payment is about MAD 5,300: aim for a net income of about MAD 13,300.
Looking for a 2-bedroom apartment in Essaouira?
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Last updated: 2026-10-20