Challenges for non-residents buying property in Morocco
Discover the main challenges for non-residents when buying a property in Morocco: administrative procedures, taxation and tips for a successful purchase.
Buying off-plan: an opportunity or a risk? Discover the keys to a successful property purchase in Morocco with Housing Place. 🌟
Oct 3, 2025
a large building with many windows
Purchasing off-plan (VEFA) is an increasingly popular option for Moroccans looking to become homeowners.
This method, also known as "off-plan purchasing," involves acquiring a property before or during its construction, with delivery delayed.
But is it a truly good idea or a risky bet? Let's analyze the advantages and challenges of this method to help you make an informed decision.
Purchasing off-plan has several advantages that make it an attractive solution for many buyers, whether they are first-time buyers or investors.
One of the main advantages of VEFA is its financial aspect:
With VEFA, you can often adapt certain aspects of the accommodation to your needs:
Buying off-plan means becoming the owner of a brand-new home that meets the latest construction and insulation standards. Additionally, new properties often come with specific warranties, such as the ten-year warranty, which covers construction defects for 10 years after delivery.
Despite its advantages, buying off-plan comes with risks that should not be ignored. Here are the main ones, along with tips for avoiding them.Retards de livraison
Real estate projects under construction are sometimes subject to delays. The reasons can vary: financial difficulties of the developer, administrative issues, or unforeseen circumstances related to the construction. These delays can disrupt your plans, especially if you planned to move into your home quickly.
Choose a reputable property developer and check that the contract includes penalties for late payments.
In some cases, off-plan projects remain unfinished due to the developer's bankruptcy. This can result in significant financial losses for the buyer.
Make sure the developer has a financial completion guarantee (GFA). This insurance guarantees the project's completion even in the event of default.
Sometimes the delivered property doesn't match the promises made at the time of sale. This may concern the quality of the materials, the finishes, or the size of the rooms.
Visit the developer's other projects to assess the quality of their work and request a detailed description in the contract.
Additional costs such as notary fees, condominium fees, or possible modifications can increase the final cost of your purchase.
Build in a financial buffer to cover these unexpected expenses.
To take full advantage of the benefits of buying off-plan while minimizing the risks, here are some good practices to adopt.
Choosing the right developer is crucial in a VEFA (off-plan sale). Choose well-established companies with a solid reputation and proven experience in the sector. Research reviews, speak to other buyers, and visit their previous projects.
The reservation or sales contract is your main protection tool. It must include:
Make sure the developer has a financial completion guarantee (GFA) and building damage insurance. These guarantees are mandatory for VEFA projects and protect buyers against unforeseen events.
If possible, monitor the progress of the work. This allows you to detect potential problems in time and request corrections if necessary.
We understand that buying off-plan can seem complex, especially for first-time buyers. That's why you need personalized assistance at every stage of your project.
Ready to take the plunge? Explore Housing Place's off-plan opportunities now and find your dream home, stress-free and without any unpleasant surprises.
Buying off-plan: an opportunity or a risk? Discover the keys to a successful property purchase in Morocco with Housing Place. 🌟
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