Essaouira
Price of a studio in Essaouira
In Essaouira, a studio of about 40 m² in a new build usually costs MAD 360,000 – MAD 640,000. The lowest prices are in Ghazoua · Route de Marrakech · Diabat, the highest in Médina · seafront.
Price of a studio by neighbourhood in Essaouira
| Neighbourhood | Price (new build) | Monthly payment, 25 yrs |
|---|---|---|
| Ghazoua · Route de Marrakech · Diabat | MAD 320,000 – MAD 520,000 | MAD 1,900 |
| Médina · seafront | MAD 480,000 – MAD 800,000 | MAD 2,800 |
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 studio at the Essaouira average price
| Price | MAD 500,000 |
| 20% down payment | MAD 100,000 |
| Purchase costs (≈ 7%) | MAD 30,000 |
| Cash needed (down payment + costs) | MAD 130,000 |
| Loan amount | MAD 400,000 |
| Monthly payment, 20 years (4.5%) | MAD 2,500 |
| Monthly payment, 25 years | MAD 2,200 |
| Recommended net income (25 years) | MAD 5,500 |
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.
Where to buy a studio in Essaouira
On a tight budget, Ghazoua · Route de Marrakech · Diabat offers the best price: MAD 320,000 – MAD 520,000.
To rent out, favour transport links, universities and job hubs.
By the sea, expect MAD 480,000 – MAD 800,000 in Médina · seafront.
Before reserving, check the land title, building permit and delivery schedule. Off-plan (VEFA) payments follow construction progress.
Price of a studio in other cities
| City | Price (new build) |
|---|---|
| Casablanca | MAD 360,000 – MAD 640,000 |
| Rabat | MAD 360,000 – MAD 720,000 |
| Marrakech | MAD 320,000 – MAD 640,000 |
| Tangier | MAD 300,000 – MAD 560,000 |
| Agadir | MAD 280,000 – MAD 520,000 |
| Fez | MAD 220,000 – MAD 400,000 |
| Meknes | MAD 200,000 – MAD 340,000 |
| Kenitra | MAD 240,000 – MAD 440,000 |
| Tetouan | MAD 240,000 – MAD 520,000 |
| Oujda | MAD 180,000 – MAD 320,000 |
| El Jadida | MAD 260,000 – MAD 480,000 |
| Mohammedia | MAD 320,000 – MAD 560,000 |
Other sizes in Essaouira
Frequently asked questions
What is the price of a studio in Essaouira?
Expect MAD 360,000 – MAD 640,000 for a studio of about 40 m² in a new build in Essaouira, depending on the area, before purchase costs.
Where to find a studio at a low price in Essaouira?
Ghazoua · Route de Marrakech · Diabat is the most affordable area (MAD 320,000 – MAD 520,000).
What salary to buy a studio in Essaouira?
At the average price (MAD 500,000), with 20% down over 25 years, the monthly payment is about MAD 2,200: aim for a net income of about MAD 5,500.
Looking for a studio in Essaouira?
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Last updated: 2026-10-20