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Luxury Real Estate in Casablanca: Where Is It, and How Much Does It Cost?

Casablanca's coastline at sunset, featuring the Hassan II Mosque

Luxury real estate in Casablanca is primarily concentrated in three prime locations: Anfa and Anfa Superieur, the coastal neighborhood of Ain Diab along the Corniche, and the modern business district of Casablanca Finance City. For a high-end apartment, a penthouse, or a villa with an ocean view in these neighborhoods, you can generally expect a guide price of 22,000 to 28,000 MAD per square meter, and for properties with a direct ocean view, the price is often even higher. In return, you get exclusive new-construction properties, spacious layouts, high-quality finishes, and strong rental potential among expats and executives. This segment is easily accessible to foreign buyers from Belgium, the Netherlands, or France. In this article, you’ll learn where to find luxury real estate, how much it costs, what sets high-end properties apart, and what to look out for when making a purchase.

Summary: These are the key points

  • Top Locations: Anfa and Anfa Superieur, Ain Diab on the Corniche, and Casablanca Finance City.
  • Suggested price: 22,000 to 28,000 MAD per square meter, and higher for properties with ocean views.
  • Housing Types: penthouses, villas with ocean views, and exclusive new-construction properties.
  • Finish: High-quality materials, a spacious layout, and premium amenities.
  • Rental: strong demand among expats and executives in the city.
  • Purchase: Foreigners can buy property freely, but always have the title and intended use verified.

Where can you find luxury real estate in Casablanca?

The luxury segment in Casablanca is highly concentrated. While average apartments and villas are scattered throughout the city, the high-end market is primarily centered around a limited number of sought-after neighborhoods. These locations combine a prime location, prestige, security, and high-end amenities, which translates into higher prices per square meter. Those who consciously choose luxury real estate are therefore not just buying a home but also an address. Below, we discuss the three top locations that dominate the exclusive segment, highlighting for each neighborhood the typical offerings and the features that buyers look for.

Anfa and Anfa Superior

Anfa and the higher-elevation Anfa Superieur are considered Casablanca’s most exclusive neighborhoods. Here you’ll find spacious villas and high-end new-construction homes, often on large lots and offering plenty of privacy. Guide prices in this segment typically range from 22,000 to 28,000 MAD per square meter, making Anfa one of the city’s most expensive neighborhoods. Its appeal lies in the combination of an established, green residential environment, proximity to good schools and amenities, and the prestige associated with the address. You can read more about this segment in our article on Real Estate in Anfa.

Ain Diab and the Corniche

Ain Diab is Casablanca’s coastal neighborhood, located along the Corniche with its beach clubs, restaurants, and seaside promenade. It is the ideal location for apartments and penthouses with ocean views, and for those who want to live close to the beach and the lively coastline. Guide prices here typically range from 20,000 to 25,000 MAD per square meter, with properties offering direct ocean views falling at the upper end of that range or even exceeding it. Its location near the Morocco Mall and the Hassan II Mosque makes the neighborhood particularly popular. Read more about Ain Diab and the Corniche.

Casablanca Finance City

Casablanca Finance City, or CFC for short, is the city’s modern business district. The area combines high-end offices with premium real estate and caters to international companies, financial institutions, and the professionals who work there. CFC is attractive to buyers because it is modern, prestigious, and strategically located, with a distinct business and international character. Apartments in and around this district appeal primarily to executives and expats who value a modern living environment close to their work. The district underscores Casablanca’s position as Morocco’s economic capital and as an attractive destination for international talent.

How much does luxury real estate cost in Casablanca?

Prices in the luxury segment are clearly above the city average. By way of comparison, an average apartment in Casablanca costs around 12,500 MAD per square meter, and an average villa around 16,500 MAD per square meter. In prime locations, asking prices range from 22,000 to 28,000 MAD per square meter, and for properties with ocean views, they are often even higher. The exact price depends heavily on the street, the condition, and the amenities of the property. The table below provides an overview of indicative prices in the most prominent luxury neighborhoods.

LocationType of listingEstimated Price (MAD/m²)
Anfa / Anfa Superiorvillas and exclusive new-construction homes22,000 to 28,000
Ain Diab / Cornicheapartments and penthouses with ocean views20,000 to 25,000
Casablanca Finance Citymodern high-end real estatehigh-end segment, varies by project
Properties with a direct ocean viewpenthouses and villasover 28,000 possible

It is important to view these figures as approximate prices rather than fixed rates. Even within the same neighborhood, there can be a significant difference between two properties, depending on the floor level, orientation, view, and quality of the finishes. For example, a penthouse with a panoramic ocean view in Ain Diab commands a significantly higher price per square meter than an apartment on a lower floor without a view. Also, keep in mind that asking prices are generally higher than the final transaction prices, so there is often room to negotiate. A comparison of the Best Neighborhoods for Real Estate helps you balance your budget with your needs.

What does the high-end real estate market in Casablanca have to offer?

Luxury real estate stands out not only because of its price, but above all because of what you get in return. High-end properties in Anfa, Ain Diab, and CFC are typically characterized by a spacious, well-thought-out layout, high-quality materials, and a range of premium amenities that are less common in the mid-range segment. For buyers seeking comfort, privacy, and prestige, it is precisely these features that make the difference. The following amenities are common in this segment and help determine a property’s value and rental potential:

  • Ocean view or panoramic view, especially in Ain Diab and in penthouses.
  • Spacious layout with large living areas, multiple bedrooms, and terraces.
  • High-quality finishes using premium materials, along with modern kitchens and bathrooms.
  • Exclusive new construction designed to be modern and energy-efficient.
  • Private amenities at villas, such as a garden, a pool, and parking.
  • Security, surveillance, and gated communities for added privacy and safety.

A significant portion of the luxury housing market consists of exclusive new-construction properties. New-construction homes are typically designed to be modern and energy-efficient, and upon completion, they meet current standards for comfort and finish. New-construction homes are also often sold off-plan, with payments made in phases as construction progresses. In addition, new-construction homes are generally exempt from the annual property tax for the first five years, making them fiscally attractive. You can read more about this type of property in our overview of Buying a New Home in Casablanca.

A luxury villa or apartment?

In the luxury segment, you generally have a choice between two types of homes: the villa and the high-end apartment or penthouse. A villa offers, above all, space and privacy, with a private garden, often a swimming pool, and full control over the property. Villas are primarily found in Anfa, where spacious lots and exclusive new-construction homes come together. An apartment or penthouse, on the other hand, requires less maintenance, offers more convenience, and often features spectacular views, especially in Ain Diab on the coast. Which option is best for you depends on your lifestyle, your budget, and whether you plan to live in the property yourself or rent it out.

If you’re looking for the peace and space of a home with a garden, a villa is a good choice, although it does require more maintenance and upkeep. On the other hand, those who want a move-in-ready, low-maintenance home with a view and amenities are more likely to choose a penthouse or a high-end apartment in a secure residence. Both options offer strong rental potential in prime locations. Read more about the considerations in our article on Buying a villa in Casablanca, and compare that with the available apartments to make an informed decision.

Rentals for Expats and Executives

One of the strengths of luxury real estate in Casablanca is its rental potential. The city is Morocco’s economic capital and attracts international companies, financial institutions, and their employees. As a result, there is a stable demand for high-quality rental properties among expats and executives who are staying in the city for work. Particularly in the prime locations of Anfa, Ain Diab, and around Casablanca Finance City, the available properties align well with what these tenants are looking for: comfort, security, a good location, and a prestigious living environment. For an owner, this means a realistic opportunity for attractive rental income.

The coastal neighborhood of Ain Diab is also popular for rentals to expats and for temporary stays, thanks to its seaside location and the lively Corniche. An apartment with a sea view or a penthouse appeals to a wide range of international tenants. Keep in mind, however, that returns vary by neighborhood, property type, and market conditions, and that you should always factor in additional costs and taxes when making your calculations. Anyone who views the property partly as an investment would be wise to make a realistic estimate of the rental income and costs in advance using the Market and Investment Section.

What should you look for when making a purchase?

Buying luxury real estate in Casablanca is easily accessible to foreigners. Foreign buyers are free to purchase residential and commercial real estate in urban Morocco without needing a residence permit, a visa, or a Moroccan partner. However, standard due diligence rules still apply, even in the high-end market. Precisely because large sums of money are involved, a thorough review of the property’s legal and technical status is essential. The following points will help ensure that your purchase proceeds carefully and safely.

Verify the title to the property

Always verify that the property has a registered title deed, the Titre Foncier. This title is guaranteed by the state through the national land registry (ANCFCC), is eligible for financing, and carries a low risk of disputes. Avoid properties with a traditional, unregistered Melkia title, or have it converted to a Titre Foncier before signing. Note that a clear title does not specify what you are allowed to build on the lot, so be sure to check the zoning designation as well. You can read more about this in our article on the title deed and the Titre Foncier.

Use your own independent notary

Work with your own, independent notary, not the one suggested by the seller or real estate agent. The notary drafts the preliminary purchase agreement and the final deed, verifies the title with the ANCFCC, and arranges for the registration of the transfer. The purchase process typically consists of three steps: signing a “compromis de vente” at the notary’s office with a down payment of 10 to 20 percent deposited into an escrow account, a title search at the land registry, and finally, the “acte de vente.” You can also purchase remotely using a notarized power of attorney issued by the Moroccan consulate.

Be sure to factor in the additional costs

In addition to the purchase price, you will typically pay 6 to 8 percent in additional costs in Casablanca. These consist mainly of registration fees of about 4 percent for developed real estate, land registry fees of 1 to 1.5 percent, and notary fees of 0.5 to 1.5 percent plus VAT, supplemented by stamp duties and administrative fees. In the luxury segment, these amounts can quickly add up due to the high purchase price, so be sure to factor them into your budget from the start. You can find a complete overview in our article on the expenses, notary fees, and taxes when making a purchase in Casablanca.

Luxury Real Estate Compared to the Broader Market

It is wise not to view luxury real estate in isolation, but rather in the context of the broader Casablanca market. Central neighborhoods such as Racine and Gauthier are chic and popular among professionals, with asking prices ranging from 16,000 to 18,000 MAD per square meter, while lively neighborhoods like Maarif are just below that range. As such, these neighborhoods form a mid-range segment between the average market and the absolute high-end segment of Anfa, Ain Diab, and CFC. Anyone considering the luxury segment would do well to be aware of these alternatives, so that the premium for a prime location is a conscious choice. An overview of the best neighborhoods helps with that.

Ultimately, the decision to purchase luxury real estate is about more than just the price per square meter. It’s about the combination of location, prestige, quality of finish, privacy, and rental potential. Casablanca offers stable demand and an attractive selection in this segment, ranging from villas with ocean views to modern penthouses and exclusive new-construction properties. For a complete overview of the purchasing process, neighborhoods, property types, and financing options, we recommend that you consult the A Complete Guide to Buying Real Estate in Casablanca to read, so that you can enter the luxury segment with a well-informed decision.

Common Mistakes You Should Avoid

  • Focus only on the price per square meter and ignore the amenities, view, and finish.
  • Do not include the additional costs of 6 to 8 percent in the budget.
  • Do not fail to have the title deed verified or overlook a Melkia title.
  • Do not check the zoning and classification of the lot for a villa or land.
  • Overestimating the rental potential without realistically factoring in costs and taxes.

Frequently Asked Questions

Where can I find luxury real estate in Casablanca?

The prime locations are Anfa and Anfa Superieur, the coastal neighborhood of Ain Diab on the Corniche, and the business district of Casablanca Finance City. Here you’ll find villas, penthouses, and exclusive new-construction properties.

How much does luxury real estate cost per square meter?

In prime locations, expect a guide price of 22,000 to 28,000 MAD per square meter. For properties with a direct ocean view, the price is often even higher.

As a foreigner, can I buy luxury real estate?

Yes. Foreigners are free to purchase residential and commercial real estate in urban areas of Morocco without a residence permit, visa, or Moroccan partner. Be sure to always have the title and intended use verified.

Is luxury real estate in Casablanca easy to rent out?

Casablanca has a steady demand for high-quality rental properties among expats and executives. Anfa, Ain Diab, and the area around CFC, in particular, are well-suited to what these tenants are looking for.

Should I choose a villa or a penthouse?

A villa offers space and privacy, with a garden and pool, especially in Anfa. A penthouse or apartment offers convenience and a view, especially in Ain Diab. The choice depends on your lifestyle and budget.

What additional costs are associated with a luxury purchase?

Expect to pay 6 to 8 percent on top of the purchase price: registration fees (about 4 percent), land registry fees (1 to 1.5 percent), and notary fees (0.5 to 1.5 percent plus VAT). Because of the high purchase price, these costs can add up quickly.

Why is Ain Diab so popular for luxury homes?

Ain Diab is located on the coast along the Corniche, featuring beach clubs, restaurants, and ocean views. Its proximity to the Morocco Mall and the Hassan II Mosque makes the neighborhood particularly attractive for penthouses with ocean views.

Please note: The prices, rates, and taxes listed are estimates based on public sources (2026) and may vary by neighborhood, project, and time. Always have the exact amounts confirmed by your notary, bank, or real estate agent before entering into any commitment.

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