Multi-unit building valuation in Morocco — by RICS-certified experts
ReaConsult appraises investment buildings, mixed-use buildings (residential + commercial) and real estate portfolios in Morocco using Income Capitalisation (VPS 6), DCF and Comparable Method (VPS 5) of the RICS Red Book. Reports compliant with RICS standards and IFRS 13 (Fair Value Measurement).
Select your city
Tangier, Agadir, Fes and other cities on request.
Investment building valuation methods
- Direct Capitalisation (VPS 6) — primary method for buildings with stabilised tenants. Net annual rent ÷ cap rate = market value.
- Discounted Cash Flow (DCF, VPS 6) — for buildings with multiple leases, partial vacancy, value-add or refinancing programmes. Projected net cash flows over 10 years + exit value, discounted at investor's required return.
- Comparable Method (VPS 5) — supported by recent sales of comparable buildings, in €/m² or rent multiple basis.
- Residual Method (VPS 7) — for buildings under development or deep refurbishment.
IFRS 13 (Fair Value Measurement) compliance
For corporate balance sheets, Moroccan OPCI (REITs), real estate funds and IFRS group reporting, our reports comply with IFRS 13 (Fair Value Measurement) alongside the RICS Red Book (VPS 1-4 and VPGA 1 — valuation for financial reporting). Hierarchy of inputs (level 1, 2, 3) traced, assumptions explicit, independence attested.
Investment building cap rates Morocco 2026
- Casablanca prime (Bourgogne, Maarif, Racine) — 7.5 to 9.0%
- Casablanca secondary — 9.0 to 10.5%
- Rabat institutional (Agdal, Hay Riad) — 7.5 to 9.0%
- Marrakech mixed (Gueliz, Hivernage) — 8.5 to 10.5%
Recognised uses
- IFRS 13 balance sheets and investor reporting
- Acquisition / disposal of investment buildings and portfolios
- Bank refinancing and real estate LBOs
- Moroccan OPCI (REITs) — contributions, periodic valuation
- Capital contribution to a company
- Litigation and court-appointed expertise
Request a quote for your building
Please specify city, building type (pure residential, mixed-use, commercial), number of units, rent roll and purpose.