Property and Tourism Promotion

4 good reasons to choose us

The Property and Tourism Development Loan is a solution that is simple, flexible and fast. Indeed, with this loan, you can finance up to 100% of the construction costs, including site preparation costs and miscellaneous items related to the project.

  1. Financing up to 100% of total construction costs
  2. Property and Tourism Development Loan up to 5 years
  3. Free support and advice from BANK OF AFRICA throughout the project
  4. Tax exemptions for social housing projects
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All property developers (individuals or legal entities residing or settled in Morocco, including Moroccans Living Abroad) can apply for real etate credit application. Furthermore, to be eligible, the property developer must own the land registered for land conservation and have a viable project.

You will be asked to collect a number of administrative documents and guarantees. For more information, please contact your BANK OF AFRICA customer advisor.

The Tourism Property Development loan is redeemable, either by cash sales, or by buyers' loans concluded with BANK OF AFRICA, or by both. This is a "bullet payment" loan, meaning that the customer can repay the debt at any time during the life of the loan, without paying penalties.

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