Essaouira, the pearl of the Atlantic, attracts many visitors every year and investors thanks to its authenticity, its bohemian atmosphere and its incomparable quality of life. But where to invest exactly ? Each neighborhood has its own identity and its assets. Here is a roundup of the most sought-after areas.
🏘️ The Medina : the heart of historical and living
Declared a UNESCO world heritage site, the medina of Essaouira attracts all those who seek the authentic charm and the old stones. Here, the riads, traditional appeal to both lovers of history that the investors seeking to create guest-houses or holiday rentals.
✅ Benefits : strong demand for tourism, authenticity, rental potential high.
⚠️ To know : renovations are often needed, access more complicated in the car.
🌊 The sea-Front for the view and tranquility
The neighbourhoods close to the beach (avenue Mohammed V and the surrounding area) are highly prized by those who want to enjoy a breathtaking view of the ocean. There are modern apartments and a few villas.
✅ Benefits : quiet, direct access to the beach, perfect for a second home or a rental, upscale.
⚠️ To know : prices are generally higher.
🌿 Diabat : the authenticity bohemian
Located a few minutes drive from the medina, Diabat is a village which has kept its atmosphere hippie and peace of mind. The area attracts artists, surfers and nature lovers.
✅ Benefits : quiet, close to the beach, potential development.
⚠️ To know : some infrastructure is still in development.
🌴 The new residential quarters (Azlef, Erraounak)
These more modern areas offer opportunities for those who are looking for new goods or recent, often at prices that are more accessible. The apartments and villas modern appeal to the moroccan families and youth assets.
✅ Benefits : affordable, infrastructure, recent valorization potential.
⚠️ To know : less than traditional charm that the medina.
🏡 The outskirts of Essaouira : villas and lands
For those who dream of space and nature, to invest in the campaign (to Ghazoua or Ida Ougourd) can be an excellent option. The large houses with garden and swimming pool are very much in demand.
✅ Benefits : the great outdoors, tranquility, opportunities for tourism projects (ecolodges, guest houses).
⚠️ To know : need for a car, managing more complex for rentals.
Conclusion
Essaouira offers a wide variety of neighbourhoods to suit all profiles of investors. Whether you are drawn by the animation of the medina, the sea view, or the calm of the surrounding area, each area has its potential. Choosing the right neighborhood is a key step to ensure the success of its investment, and take full advantage of the unique charm of this magical city.