Tangier City Guide

Guarding the Strait of Gibraltar at the meeting point of the Mediterranean and the Atlantic, Tangier has transformed from a faded international city into one of North Africa's most dynamic industrial and logistics hubs. The catalyst is Tanger-Med, Africa's largest port, whose expansion has drawn manufacturing, free-zone activity, and a wave of employment that is reshaping property demand across the metropolitan area. Investment focus centres on the seafront prime districts of Malabata and Iberia, the historic Medina, the city centre, and the new-build corridors radiating toward the port and free zones. Apartments average MAD 10,800-14,200 per square metre as of late 2025, with prime Malabata and Iberia commanding MAD 13,500-14,200 and luxury villas reaching MAD 16,300-18,500. Prices remain roughly 15% below comparable Casablanca stock, leaving room for the gap to narrow. The residential market has grown 4-6% annually - with prime seafront areas up 15-20% on infrastructure and the upcoming Africa Cup of Nations - while citywide gross rental yields average around 6.8%, rising toward 8-9% for well-run short-term holiday lets.