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Mortgage by type

Buildable land credit

Land credit in Morocco is more complex than housing credit: higher banking risk (no asset to sell in default), shorter duration, larger down payment (40-50%). Often combined with construction credit in 2 steps.

Key characteristics

Amount

200-5,000K MAD

Average rate

5%

Duration

10-20 ans

Down payment

40-50%

Specifics of this credit type

Land must be 'buildable' (subdivision, validated planning plan). Agricultural or non-registered lands not financeable via classic credit. Intent to build proof required (building permit or architectural project).

Eligibility

Solid profile required: income > 15,000 MAD, low debt, 40%+ down payment. Civil servants benefit from reduced rates (−0.3 pt). Some banks (CAM notably) accept rural area lands for agriculture.

Step-by-step process

  1. 1Verify land legal situation (land title, melk, habous)
  2. 2Obtain urbanism certificate (municipality)
  3. 3Present construction project to bank
  4. 4Expert appraisal (mandatory)
  5. 5Signing with mortgage registration

2026 taxation

6% registration duties on purchase. Professional tax if purchased via company. No housing tax (unbuilt land). 20% TPI on capital gain at resale (50% abatement after 8 years).

Mistakes to avoid

  • Buying non-registered land (informal title) — major legal risk
  • Neglecting utility connection fees (water, electricity = 30-80K MAD)
  • Not verifying PAU/POS (planning plan) — construction constraints
  • Underestimating boundary marking and topography fees (5,000-15,000 MAD)

Additional costs

Total budget = price + 9% (notary, registration, conservation) + utility connection 30-80K MAD + expertise + marking. Plan construction budget (+1.5 to +3M MAD per size).

Recommended banks

Official partnerCIH Bank

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Also available

Attijariwafa BankBanque PopulaireBank of Africa

Other credit types