The differences between Melkia and title deeds in Morocco
The real estate sector in Marrakech
Marrakech is a city of undeniable charm that attracts many property investors every year. With its pleasant climate, rich cultural heritage, numerous development projects and dynamic economy, the red city has become a popular destination for property purchases. However, it is important to fully understand the different procedures and land titles that exist in Morocco, in particular the Melkia and the titre foncier.
Marrakech, a prime real estate destination
Marrakech is considered one of the most attractive cities in the MENA region (Middle East and North Africa) for property investment. Its property market is constantly evolving, with strong demand for top-of-the-range properties and growing interest in tourist rental properties. What's more, foreigners can now own property in Morocco thanks to the new law 19-04, which makes it easier for non-residents to buy property.
What are the different types of land title in Morocco?
There are two types of property ownership in Morocco titles: the Melkia and the land title.
La Melkia is a title deed granted to Moroccan nationals and is generally inherited by the family. It is passed down from generation to generation and proves an individual's ownership of a piece of land. However, the Melkia does not offer an absolute guarantee in the event of a dispute, as it may be contested by other heirs or persons with an interest in the property. It is therefore important to check with the relevant authorities that the title is registered and that there are no potential disputes before buying a property under Melkia.
Land titleis an indisputable and inalienable title deed. It is issued by the Agence Nationale de la Conservation Foncière, du Cadastre et de la Cartographie (ANCFCC) after a thorough investigation of the property. The land title provides a solid guarantee in the event of a dispute, and facilitates property transactions because it can be easily transferred to a new buyer.
The differences between the Melkia and the title deeds
The main difference between Melkia and titre foncier lies in the nature of the property rights they confer. Whereas a Melkia is a family title that can be passed on by inheritance, a titre foncier is an individual title that can be passed on to any legitimate buyer. In addition, Melkia cannot be used as collateral for a bank loan, whereas land title can be mortgaged.
In terms of cost, Melkia is generally cheaper to obtain as it is passed down from generation to generation. However, this can lead to higher costs in the future in the event of a dispute. Title deeds, on the other hand, cost extra to obtain, but offer greater security and peace of mind.
It is also important to note that the land title is registered with the relevant authorities, whereas the Melkia is generally kept by the family or individuals. This can lead to complications if the document is lost or destroyed.
How do you choose between Melkia and titre foncier when buying property in Marrakech?
The choice between Melkia and titre foncier will depend on a number of factors, such as budget, family situation, investment objectives and desired level of security.
For expatriates wishing to invest in Marrakech, it is preferable to opt for a property with a land title in order to benefit from legal certainty and ease of eventual resale. If you wish to invest in a family property under Melkia, it is important to check that the title is registered and that there are no potential disputes.
Finally, we recommend that you call on the services of a lawyer or notary to help you buy a property in Marrakech and to check the reliability of land titles.
Conclusion
In short, the Melkia and the titre foncier are two types of property title in Morocco. Although the Melkia is generally cheaper to obtain, the titre foncier offers greater security and an indisputable guarantee in the event of a dispute. It is therefore important to understand the differences between these two types of title and to choose the one that best suits your property investment needs and objectives in Morocco. Marrakech. Don't hesitate to call on professionals to help you with your project and check the reliability of land titles before buying a property in Morocco.
