Investment Opportunities in 2023: Exploring Casablanca, Tangier, and More
Discover the best cities and assets for investment in 2023, including Casablanca and Tangier. Investing in emerging middle-class markets, focusing on medium-sized projects. Demand for smaller, well-designed apartments in attractive areas. Expanding market in Tanger.
00:00:02 Discover the best cities and assets for investment in 2023, including Casablanca and Tangier. Learn about attractive areas and price ranges for different property types.
🏙️ Casablanca is the most dynamic city in Morocco and offers attractive investment opportunities.
💰 The areas of Bourgogne, Californie, and Bouskoura have high demand for medium standing properties with prices ranging from 500,000 to 800,000 dirhams.
🌆 Tangier is experiencing an increase in demand due to new industrial zones and offers a variety of high standing properties.
00:06:26 Investing in emerging middle-class markets, focusing on medium-sized projects. Demand for smaller, well-designed apartments in attractive areas. Expanding market in Tanger. Shift in buyer preferences post-COVID.
💰 Real estate developers in Morocco are adapting to the changing needs of the middle-class by offering smaller and well-designed apartments at affordable prices.
🏙️ Attractiveness of a city for investment goes beyond just the price, it includes factors such as infrastructure, location, and amenities.
🏢 Investment in real estate in Tangier is driven by both local and expatriate buyers, with a focus on rental properties in new and expanding neighborhoods.
00:12:49 Investing in real estate is evolving. Young couples are opting for smaller, intelligently designed apartments. The rise of digital platforms allows for virtual apartment tours, making investing more accessible and convenient.
💡 Investing in smaller apartments with smart design is becoming popular due to limited purchasing power and the need for affordable housing.
🏢 Young couples are leaning towards renting rather than buying property to have more freedom and focus on experiences like travel and leisure.
🌍 Digital tools have revolutionized the investment process, allowing remote property visits and providing a detailed understanding of the materials and layout.
00:19:41 Discover the best cities for investment in 2023 and the advantages of telecommuting. The real estate market in Marrakech offers medium-priced properties, while Casablanca has limited options due to land scarcity.
🏙️ There are cities other than Tanger and Casablanca that are interesting for investment.
💻 The concept of telecommuting provides freedom and flexibility for employees.
🏢 Some companies have adopted telecommuting, but it may not be suitable for all types of businesses.
🏠 The demand for real estate with a home office space has increased due to telecommuting.
💰 There is a demand for mid-range properties in Marrakech, priced between 600,000 and 1 million dirhams.
00:26:12 Investing in real estate in Marrakech is still a profitable strategy, especially for those looking for income-generating properties. Despite the economic downturn, people continue to take out loans to buy properties and fulfill their basic housing needs.
🏘️ Investors in Casablanca buy land for constructing apartments, while in Marrakech, they buy plots for integrated projects like commercial spaces on the ground floor and apartments on the upper floors.
💵 Even in a crisis, people continue to take loans and invest in real estate for their primary need of housing, with the aim of generating rental income and long-term profitability.
🌇 Investing in cities with high attractiveness and economic activity, like Marrakech, provides better visibility and potential returns, although the current economic and real estate market is challenging.
00:32:35 Investment insights for 2023: Demand concentrated on high-end properties, particularly in Marrakech and Rabat. Casablanca is becoming a desirable city with cultural activities and amenities. Trust in developers is increasing, leading to more confidence in purchasing off-plan properties.
🏢 The demand for high-end properties in Rabat and Marrakech is concentrated on standing and ostending areas.
🏙️ Casablanca is becoming an attractive city for living and investing, with cultural activities and convenient amenities.
📈 There is a growing trend of buying properties off-plan, with more trust in developers who offer transparent and declared projects.
00:38:59 Investment advice for 2023: Consider buying small duplex studios for rental purposes, focusing on cities like Tanger. These properties can be purchased for 500,000 dirhams and have good potential for future sales.
🏢 Investing in studio apartments, particularly duplex studios, is a growing trend in Morocco.
💰 Investing in affordable studio apartments in Tangier is a promising opportunity.
🏢💵 The speaker would invest in two small apartments in Tangier and rent them out for potential future profit.
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