Casablanca

Casablanca is Morocco's economic capital and largest city -- the country's commercial, banking, and industrial centre. Unlike tourism-driven Marrakech, Casablanca is a working business city anchored by the Casablanca Finance City (CFC) -- a regulated financial hub designed to be Africa's financial gateway, alongside Royal Air Maroc HQ, OCP (one of the world's largest phosphate producers), and major Moroccan banks. Residential prices in prime districts (Anfa, Maarif, CIL, Bourgogne, Gauthier) range from MAD 12,000-25,000 per square metre (USD 1,200-2,500), with gross yields of 5.0-7.0%. The market is dominated by long-term rental tenants -- corporate executives, finance professionals, and international workers at multinational regional offices. For international buyers, Casablanca offers African financial hub status, USD/EUR-stable currency, no foreign ownership restrictions, and a more institutional tenant base than Marrakech. The catch: it's a working city without Marrakech's tourist appeal, short-let opportunities are limited, and traffic and urban density are challenging.