Real Estate in Marrakech: Why Prices Are Soaring in 2024

The Red City (Marrakech) is experiencing a major real estate boom after years of stagnation. According to Aqar Bladi, property prices per square meter have doubled in just two years in some neighborhoods.
👉 The post-Covid tourism recovery, the upcoming 2030 FIFA World Cup, and the high-speed train (LGV) project are fueling this market growth.
📈 Key Price Trends Since 2023
  • In Guéliz, prices jumped from 14,000 MAD/m² to 25,000–30,000 MAD/m².
  • Prestigious areas like Amelkis, Hivernage, and Agdal saw prices skyrocket due to limited housing supply.
  • Even riads in the Medina increased by 40% in two years.
Still, Marrakech remains more affordable than Casablanca, making it attractive for investors.

✅ Marrakech: A Smart Investment

With its booming tourism, infrastructure projects, and rental profitability, Marrakech is now one of the most profitable real estate destinations in Morocco for 2024.
👉 On Aqar Bladi, explore the best property listings for sale and rent in Marrakech and across Morocco.
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