New real estate: Price, taxation, equipment…, trends

New real estate: Price, taxation, equipment…, trends
New real estate: Price, taxation, equipment…, trends

Stagnating prices and tax advantages

For many, now is the time to buy. The trends observed in 2023 continue this year. Prices are still stable. “There real estate taxation favorable situation in Morocco strengthens its attractiveness for rental investment,” indicates Agenz in one of his analyses. For the real estate online services platform, investing in real estate in Morocco “also means engaging in a rapidly evolving market”. Investing in this sector in 2024 is a wise decision, specifies the same Source, and the market is attracting more and more international investors. In addition to the argument of a tax system described as advantageous, Agenz cites in turn the economic and political stability of the country, the diversity of its real estate market and the growth potential ofrental investment, “considered profitable in the short and long term”. Added to this are “exemption from real estate capital gains tax, reductions in registration fees and deductions for expenses linked to maintenance, renovation and rental management”. As for the most attractive regions and cities, Casablanca, Marrakech, Rabat, Agadir and Tangier are at the top of the ranking.

Luxury goods and short-term rentals are still popular

In both cases, interest and demand are growing. Here again, what was observed in 2023 will be maintained in 2024. From thinking about your project to carrying it out, there is not just one step. Materializing it implies having the necessary tools for meaningful decision-making. “The era digital has revolutionized access to real estate information,” explains Agenz. Giving itself the mission of “making the estate market in Morocco more transparent and to offer analysis solutions for those seeking to buy, sell or obtain an estimate of the real estate price”, the start-up has notably armed itself with a team of data scientists which, using innovative tools, establish precise real estate price estimates. The data is available. “Thanks to sales recorded by notaries, agencies, public data from INSEE, and the characteristics of buildings”, Agenz and other real estate platforms have a complete database. “Machine Learning and Data Science technologies, which we have been using for more than 10 years, offer unparalleled precision in property valuation.” Well exploited, data on offers, transactions, cadastral and socio-demographic data can thus provide “a precise estimate to those who wish to buy or sell properties”.

Equipment: modernity, the key word

Often well thought out, new housing are always popular with buyers because they generally meet their needs. Spacious, bright and functional living spaces with quality finishes are what they are usually looking for, but not only that, recalls Agenz. “Residences are often equipped with modern facilities such as green spaces, swimming pools, sports fields and children’s play areas, providing a comfortable and convenient lifestyle.” They add additional value to the property, which becomes more valuable, “increasing its appeal and resale potential.” All you have to do is browse the internet: advertisements from individuals putting their apartments up for sale seaside residence do not miss. Nowadays, Agenz continues, “new real estate projects are often built in quiet and secure residential areas, providing a pleasant living environment for buyers and their families.” Beyond the aesthetic aspect, new housing guarantees a certain comfort and not the least: “they are clearly the big winners in terms of thermal performance. Unlike old buildings, their recent construction allows them to comply with energy performance standards through General building regulations (RGC) of 2015”.

*The General Construction Regulations set the thermal characteristics that buildings (particularly residential) must respect in order to reduce their heating and air conditioning needs, improve thermal comfort within them, contribute to lowering energy bills and reduce carbon emissions. greenhouse gas.

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