Property prices · Essaouira
Property prices in Essaouira in 2026
A city of art and wind, popular with Europeans and Moroccans for a second home or a riad.
Updated 6 October 2026 · Indicative ranges observed for new builds (2025-2026), varying with the residence, floor, view and developer. To be confirmed case by case.
Price per m² by neighbourhood in Essaouira
| Neighbourhood | Price per m² | Vs average |
|---|---|---|
| Médina · seafront | 12,000 – 20,000 MAD/m² | +28% |
| Ghazoua · Route de Marrakech · Diabat | 8,000 – 13,000 MAD/m² | −16% |
How much does a new apartment cost in Essaouira?
Ranges based on the city’s average price per m², excluding purchase costs.
| Property type | Indicative price incl. VAT |
|---|---|
| Studio (≈ 40 m²) | MAD 360,000 – MAD 640,000 |
| 1-bedroom (≈ 65 m²) | MAD 590,000 – MAD 1,040,000 |
| 2-bedroom (≈ 95 m²) | MAD 860,000 – MAD 1,520,000 |
| 3-bedroom (≈ 130 m²) | MAD 1,170,000 – MAD 2,080,000 |
| Villa (≈ 250 m²) | MAD 2,250,000 – MAD 4,000,000 |
What your budget buys in Essaouira
Indicative surface at the city average. Expect much less in the most sought-after areas.
| Budget | Indicative surface |
|---|---|
| MAD 500,000 | ≈ 40 m² |
| MAD 800,000 | ≈ 65 m² |
| MAD 1,200,000 | ≈ 95 m² |
| MAD 1,800,000 | ≈ 145 m² |
| MAD 2,500,000 | ≈ 200 m² |
| MAD 4,000,000 | ≈ 320 m² |
Living and investing in Essaouira
To live in
Frequent wind, a mild climate, a slow pace.
To invest
Tourist rentals and guesthouses, subject to authorisation.
FAQ
What is the price per m² in Essaouira in 2026?
For new builds, expect 9,000 – 16,000 MAD/m² on average in Essaouira. Gaps are wide between areas: from MAD 8,000/m² in Ghazoua · Route de Marrakech · Diabat up to MAD 20,000/m² in Médina · seafront.
What budget for a new 2-bedroom flat in Essaouira?
For a 2-bedroom flat of about 95 m², plan for MAD 760,000 to MAD 1,900,000 depending on the area, plus about 6 to 7.5% purchase costs.
Which is the cheapest neighbourhood in Essaouira?
Among the areas ABRAJ follows, Ghazoua · Route de Marrakech · Diabat has the lowest entry prices (8,000 – 13,000 MAD/m²).
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