Practical guide 2025 – Real estate taxation in Morocco


Discover the main tax measures introduced by Finance Law 60-24 and their direct impact on real estate. Whether you’re an owner, investor, lessor or preparing a sale, this clear, up-to-date summary will help you understand the new rules applicable to rental income, capital gains, contributions, registration fees and notarial procedures.

Property income: a simple and advantageous option

From January 1, 2025, landlords will be able to opt for a flat-rate tax of 20% on rental income. This option eliminates the need to file an annual tax return for this income, considerably simplifying tax management, particularly for private individuals, employees or retirees receiving rental income.

Real estate transfers: tax clarification

The law now clarifies the tax treatment of transfers of real estate from private assets to business assets:

  • Taxable if transfer value exceeds original purchase price;
  • Out of scope IR if the value is equal to the original price.

What’s more, land profits arising from expropriation, de facto or judicial transfer (seizure, auction, etc.) are now expressly taxable, with compulsory withholding from July 1, 2025.

Contributed securities: an attractive tax regime

The 2025 Finance Act confirms that contributions of shares in unlisted property companies by individuals will now benefit from a tax deferral. This measure encourages asset restructuring and the transfer of real estate assets.

Registration fees: new rules and procedures

Long-term leases

The tax base is now clearer:

  • For leases of more than 10 years and less than 20 years, it corresponds to total rent + charges.
  • For leases of at least 20 years, it remains fixed at 20 times the annual rent + charges.

Dematerialization and legal security

  • Notaries are now required to transmit electronically signed deeds.
  • Land registrars require the presentation of a certificate of registration issued by the tax authorities to accept a deed.

Targeted exemptions

Certain operations benefit from specific exemptions:

  • Free transfers to families of Chouhadas, disabled servicemen and repatriated soldiers.
  • Provision of guarantees or mortgages in favor of the tax authorities, now exempt from registration duties.

FAQ – Real estate taxation 2025

1) Do I still have to declare my rental income?
No. If you opt for the 20% flat-rate tax, you will not be required to file an annual tax return for rental income received on or after January 1, 2025.

2) What happens if I transfer an asset to my company?
The capital gain is taxable if the transfer value exceeds the acquisition price. If it is equal to the acquisition price, the transaction is not subject to income tax.

3) Are contributions of real estate company shares tax-neutral?
Yes, contributions of shares in unlisted property companies are now tax deferred.

4) What are the new requirements for notarial deeds?
Deeds must be signed electronically and accompanied by a registration certificate to be accepted by the land registry.

5) Are expropriation profits taxable?
Yes. From July 1, 2025, they will be subject to a mandatory withholding tax.

Official references