What is the real return on your rental investment? This free calculator separates the gross yield (before charges) from the net yield (after charges), for a property in Marrakech, Agadir or elsewhere in Morocco.

Gross or net: what’s the difference?

• Gross yield = annual rent ÷ purchase price × 100
• Net yield = (annual rent − non-recoverable charges) ÷ purchase price × 100

The gross yield lets you quickly compare properties; the net yield, more reliable, factors in tax, building fees, insurance and management costs.

Benchmarks in Marrakech and Agadir

Observed gross yields vary widely by neighbourhood and property type. Short-term holiday letting can show higher yields than long-term renting, at the cost of more intensive management and higher charges.

Analyse my property’s yield

Rental yields and English-speaking investors in Morocco

Marrakech and Agadir draw steady interest from British and other English-speaking buyers, supported by direct flights from London and other UK airports to Marrakech-Menara (RAK) and Agadir-Al Massira (AGA). For non-resident owners, the net yield matters more than the headline gross figure, because Moroccan property carries local taxes and building charges. UK residents should also factor in the UK–Morocco Double Taxation Convention, signed in 1981, which determines how rental income is taxed between the two countries and helps avoid being taxed twice. Comparing gross and net yields side by side gives a clearer view of real, after-cost performance.

Frequently asked questions

Should the mortgage be included in the net yield?

The classic net yield does not include the mortgage: it measures the property’s performance. To factor in financing, use the cash-flow calculation instead.

Which charges are non-recoverable?

Those that remain the owner’s responsibility: tax, owner’s insurance, management fees, major maintenance, and the share of building fees not re-billable to the tenant.

Indicative estimate provided for information only: it is neither financial, tax or legal advice, nor a guarantee of results. Actual amounts vary with the property, the location (Marrakech, Agadir, Taghazout, Souss region…) and market conditions. Sources: DGI (tax.gov.ma), HCP (hcp.ma).

Rental yield in Morocco: key points 2026

Gross yield compares the rent to the purchase price; net yield deducts the charges. The applicable rules are based on the General Tax Code and the Finance Act; brackets and rates can change every year.

How to use the result?

This tool gives an instant estimate from your own figures. For an investment decision in Marrakech, Agadir or elsewhere in Morocco, cross-check it with our other calculators (profitability, cash flow, taxes) and have your case validated by a professional.

Support from Armonia Solutions

Armonia Solutions advises investors in Morocco, in Marrakech and Agadir, on structuring, financing and optimising their rental project.

More frequently asked questions

Should the mortgage be included in the yield?

No: the classic net yield measures the property’s performance, excluding financing. To factor in the mortgage, use cash flow.

Are the default values reliable?

They are 2026 ballpark figures to adjust to your real situation. The tool does not replace personalised advice.

Going further: discover all our free practical tools and check the official source Haut-Commissariat au Plan (HCP).

As a rough guide, amounts are also converted to dollars (1 $ ≈ 10 MAD). For an up-to-date rate, use our currency converter.

Read also: Airbnb Vacation Rental Management in Marrakech Morocco