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What is the process of buying property in Morocco?

buying Morocco process Property
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What is the process of buying property in Morocco?

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• Once you have decided that you want to buy a property in Morocco, it is important to choose a notaire. The notaire is like a solicitor in the UK and plays a big role in the Moroccan property buying process, so life will simply be easier if you have one arranged from the outset. • When you have found a property that you like, you should put in a verbal offer. When this has been accepted you will need to sign a preliminary contract, which is legally binding, and pay a deposit that will range from ten per cent for a resale home, to 40 per cent for an off-plan property. • Your notaire will then obtain the title deeds of the property. While this is relatively straightforward for a new-build home, it has been known to take up to a year for old riads, as every member of the vendor’s family needs to agree to the sale. • Around four weeks before completion you will receive a draft of the final contract, which must be signed and returned to the notaire. The signing of the final contract itself

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