Market
Marrakech absorbs quality new-build well, driven by affluent local buyers, Moroccans living abroad and European purchasers. Ourika Road concentrates most of that villa demand.
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Marrakech
Ourika KM 5 Villas
Four-suite villa with garden and pool, from MAD 3.79M
WAH Score
8,4/ 10
The asset in numbers
- Layout
- Townhouse villa, two levels, 4 suites
- Scheme
- 100 villas, gated community
- Outdoor
- Private garden and pool
- Status
- Off-plan
- Entry price
- from MAD 3,790,000
- Gross yield
- 9%
- Horizon
- 3-4 years
- Risk
- Moderate
- Liquidity
- Good
Townhouse villa, 4 suites - off-plan in Marrakech: the asset in detail
A gated community of 100 townhouse villas on two levels, four suites, private garden and pool, on Ourika Road at KM 5. Starting price around MAD 3,790,000: here is our full analysis, the numbers, the risk and our decision.
Ourika Road is the most sought-after residential axis in Marrakech. At KM 5 you are minutes from the Palmeraie, the Agdal district and the international schools, while gaining the space, the quiet and the Atlas views the city centre can no longer offer.
The scheme comprises 100 townhouse villas on two levels: four suites, a private garden and a pool for each, inside a gated community with security, landscaped grounds, a padel court and play areas. A layout designed for families, as a main home or a second home.
The strength of the deal is the price. From MAD 3,790,000 for a four-suite villa with a pool, the entry point sits well below comparable schemes in the area, where the same specification often exceeds MAD 5M. That gap is what builds the resale margin.
WAH! Note
A villa with a pool at this price, five minutes from the city: the Marrakech market has very few left.
WAH Score
8,4 / 10
Market8,0
Entry price9,0
Rental yield9,0
Liquidity7,8
Resale8,5
Risk7,8
The WAH Score is the weighted average of six investment criteria. It drives the decision.
BUYWAITPASS
Our investment analysis, criterion by criterion
Entry price
MAD 3.79M for four suites, a garden and a pool: the best specification-to-price ratio we have seen on this axis this year. The margin is captured at purchase.
Rental yield
Around 9% gross, a rare level for a brand-new villa with a pool. The low entry price and steady family rental demand on this axis explain the figure, which adds to the capital growth potential.
Liquidity and resale
The family villa with a pool is the most sought-after product on the Marrakech resale market. A completed unit inside a gated community sells faster than a standalone villa.
Risk
Standard off-plan developer and timeline risk, to be secured through payments tied to construction progress. The location itself carries no value risk.
In pictures
The Marrakech market: what to know before you invest
Ourika Road: why KM 5
KM 5 is the point where the city gives way to residential estates without journeys getting longer: ten minutes from Agdal, fifteen from the Medina, twenty from the airport. French and international schools, clinics and golf courses all sit within that radius, which explains the depth of family demand on this axis.
Buying new-build in Marrakech
The purchase runs through a reservation contract then a notarised off-plan sale deed, with instalments tied to construction progress. Budget around 5 to 6% in acquisition costs, including registration duties, land registry and notary fees. Foreign buyers can freely acquire a villa in Morocco, agricultural land aside.
Main home or second home
These villas speak to two profiles: Moroccan families moving from an apartment to a villa, and European buyers looking for a second home usable all year and rentable in their absence. That dual demand supports resale value.
Frequently asked questions
How much does a villa cost in this Ourika Road scheme?
Prices start around MAD 3,790,000 for a two-storey townhouse villa with four suites, a private garden and a pool. The final price depends on plot size and position within the community.
Can a foreign buyer purchase this villa?
Yes. Property purchase is open to non-residents in Morocco, agricultural land aside. If the investment is declared in foreign currency, the proceeds of a future resale can be repatriated.
What rental yield can be expected?
Around 9% gross. That is high for Marrakech, made possible by a very low purchase price relative to the rents achieved on a four-suite villa with a pool on Ourika Road.
What are the risks of buying off-plan in Marrakech?
The main risk is the delivery timeline. It is managed with a notarised off-plan deed, payments indexed to real construction progress and a check on the developer track record: exactly what we verify before publishing a deal.
Why is the WAH Score a BUY on this asset?
Because the entry price sits clearly below comparable specification on the most sought-after axis in Marrakech, with a family layout that is highly liquid on resale. The rental yield, around 9% gross, strengthens an already solid case.
A question about this asset?
A WAH advisor answers your questions and shares the detailed assumptions behind the file.