Typical Payments
In most cases, between 30-40% of the purchase price (less the reservation fee) is required before completion of a property and is usually paid in staged payments. The remainder is due on completion and can be paid either by a mortgage or cash.

The advantage of buying off plan is that for an outlay of between 30-40% of the purchase price, the buyer secures the capital growth achieved on the full value of the property at time of completion

Mortgages in Morocco
Moroccan Dirham mortgages are available for up to 70% of the purchase price. The following banks have already confirmed they will be offering mortgages:

• Societe General
• Credit Agricole
• WAFA Bank

There are built in mortgages in place for investors in Moroccan property. It is possible when purchasing a property to borrow upto 70% of the value of the property for a duration of upto 15 years from a Moroccan bank. The interest rates lie between 4.5% and 6.5%.