Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are mortgages available on property in Morocco?

April 26, 2017Morocco mortgages Property

0

Posted

Are mortgages available on property in Morocco?

1 Answer

0

Posted

YES, mortgages are available for 60% of the property value. We are able to arrange independent mortgages through Tricon Ltd., a UK based mortgage broker who are able to provide re-mortgage on your UK property to finance the stage payments of new developments and part or all of the value of your Morocco real estate. Some International Banks including BMCE Bank and Societe Generale both operate in Morocco and are prepared to provide mortgages for Morocco properties, they are liable to the usual screening process you would have in the UK.