Morocco rental yield calculator: gross and net yield by city
Pick a city to start from the median prices and rents of our listings, then adjust with your own figures.
Gross yield
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Net yield after costs
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Net yield after tax
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Total outlay
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Net income a year
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Years to earn back the outlay
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Median gross yield by city
Median rent per m² × 12 ÷ median price per m², from homes for sale and for rent on HabitatMaroc this month. Cities with too few listings are not shown.
| City | Median price / m² | Median rent / m² / month | Gross yield |
|---|---|---|---|
| Bouskoura Homes for sale → | MAD 9,639 | MAD 81 | 10 % |
| Kénitra Homes for sale → | MAD 8,864 | MAD 60 | 8 % |
| Casablanca Homes for sale → | MAD 14,910 | MAD 97 | 8 % |
| Témara Homes for sale → | MAD 13,750 | MAD 88 | 8 % |
| Mohammedia Homes for sale → | MAD 12,121 | MAD 78 | 8 % |
| Marrakech Homes for sale → | MAD 16,294 | MAD 99 | 7 % |
| Rabat Homes for sale → | MAD 17,518 | MAD 96 | 7 % |
| Tanger Homes for sale → | MAD 14,615 | MAD 79 | 7 % |
| Ourika Homes for sale → | MAD 15,500 | MAD 84 | 7 % |
| Agadir Homes for sale → | MAD 13,913 | MAD 71 | 6 % |
| Dar Bouazza Homes for sale → | MAD 15,261 | MAD 78 | 6 % |
| Fès Homes for sale → | MAD 7,971 | MAD 40 | 6 % |
| Harhoura Homes for sale → | MAD 15,556 | MAD 74 | 6 % |
| Essaouira Homes for sale → | MAD 17,715 | MAD 71 | 5 % |
Gross, net and after-tax yield
- Gross yield: a full year’s rent ÷ purchase price. It is the figure in adverts, and a flattering one.
- Net yield: rent actually received (empty months taken off) minus costs you can’t pass on and the municipal services tax, ÷ total outlay (price + buying costs + works).
- After tax: income tax on rent is taken off. Since 2023 it is usually a final rate of 10% of gross rent up to 120,000 DH a year and 15% above; it is often withheld at source when the tenant is a company.
What is a good yield in Morocco?
For a long-term let, a gross yield of 5 to 7% is common in the big cities, and the net often falls to 3 to 5%. Above 8% gross, check the rent: it may be optimistic, or the area hard to let. The table below gives each city’s median gross yield from our listings, updated continuously.
FAQ
Which Moroccan city has the best rental yield? +
It moves with the market: see the table on this page, worked out from this month’s listings. Cities with moderate prices per m² but strong rental demand (university or industrial hubs, suburbs of the big cities) often come out ahead of expensive districts.
Do I have to declare rent received in Morocco? +
Yes. Rental income is taxable in Morocco, including for non-residents and Moroccans abroad. Declare it and pay the tax to the DGI (online), unless the tenant already withholds it at source.
Furnished or unfurnished? +
Furnished lets go for more and faster in big cities and tourist areas, but need furniture and more upkeep. Add those under “Works and furniture” for an honest comparison.
General information, not legal advice: have it checked by a notary, adoul or lawyer.