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District · Casablanca · Bourgeois older stock

Bourgogne Casablanca property prices 2026 — bourgeois older stock

The district of Art Deco buildings, shaded streets and timeless charm. An address for those who love renovated older stock, build quality and proximity to the centre.

By D. Hamza · RICS-certified expert · 23 May 2026 · 5 min read

Bourgogne is the Casablanca architectural heritage: Art Deco buildings from the 1930-1950s, noble façades, high ceilings, parquet and moulding on renovated assets. The district offers a rare balance of older-stock charm, centrality (5-10 minutes from downtown and Maarif) and accessible prices vs Anfa. For the investor, it is a patrimony + yield market where build quality and renovation are decisive.

Indicative prices 2026
13 k20 k MAD / m²
Indicative 2026 range. Quality renovated older stock on noble streets (Bourgogne centre proximity, calm axes) reaches MAD 18,000-20,000/m². Older stock to renovate, untouched, can start at MAD 13,000-14,000/m². The renovated vs to-renovate gap is among the widest in Casablanca.

Typical buyer profile

Moroccan bourgeois family for main residence, first-time investor seeking correct yield on standing, MRE appreciating the district's architectural DNA. Also: the « value-add » buyer who renovates an older asset to reposition it in the high-end segment.

Rental demand

Stable and qualified. Moroccan executives and expats appreciating older-stock charm, liberal professions (doctors, lawyers) setting up office + residence, young families seeking generous floor areas unavailable in new builds at equivalent price. Typical gross yield 5-6 % on renovated older stock; up to 6-7 % on to-renovate stock bought below market and repositioned.

Strengths
  • Art Deco architectural charm — valued address
  • Strong centrality — immediate proximity to Maarif, downtown
  • Favourable price / standing ratio vs Anfa
  • Generous floor areas and high ceilings
  • Value-add market for those who know how to renovate
Points to watch
  • Variable build condition — EPC and structure require appraisal
  • Sometimes heavy condo charges on older buildings
  • Difficult parking on some streets
  • Potentially high renovation cost on very old stock

Who it fits

Bourgogne fits: (a) the family prioritising charm and surface over new builds; (b) the investor able to manage a renovation project to reposition an asset; (c) the MRE who loves the Casablanca architectural DNA and wants a centrally-located asset. Less suited for: turnkey new-build buyer (prefer CFC).

FAQ

Buy-to-renovate in Bourgogne — good idea?

Yes — provided you cost the renovation precisely before buying. On beautiful Art Deco buildings, a renovation respectful of the building identity can reposition an asset from the low end to the high end of the range. Structural pre-purchase appraisal is essential.

What condo charges to expect?

On older stock, charges can reach 5-15 % of rent depending on age, number of co-owners, elevator presence, collective maintenance quality. To audit systematically before purchase.

Bourgogne vs Maarif — how to decide?

Maarif for maximum yield and liquidity. Bourgogne for charm and capital-gain potential through renovation. Gross yield is comparable at first glance, but Bourgogne offers more long-term patrimonial potential.

Comparable districts / further reading

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