Tangier Real Estate Market Trends: Year in Review
The Tangier real estate market has shown resilience and growth throughout the year. Here's our analysis:
Price Trends
Average property prices in Tangier increased by approximately 8% compared to last year, with luxury properties seeing even higher appreciation.
Demand Patterns
Strong demand continues from both domestic buyers and the Moroccan diaspora. International interest, particularly from Europeans, has also grown.
New Developments
Several major residential projects have been launched, adding quality housing stock to the market.
Rental Market
The rental market remains strong, with yields averaging 5-7% in popular areas.
Outlook
We expect continued growth in 2024, supported by infrastructure investments and Tangier's growing reputation as a business hub.
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