How to Avoid the New 2% Surcharge When Buying a New Property?

Buying a new property is an important milestone, but it's essential to understand all the costs that may be added to the purchase price. Since July 1, 2026, a new tax measure has come into effect in Morocco: a 2% surcharge may now apply to certain real estate transactions when all or part of the payment is made in cash.

The good news? This surcharge can be avoided by using a payment method that complies with the new regulations. Here's everything you need to know before signing your purchase deed.

Why was this new surcharge introduced?

This measure was introduced as part of the 2026 Finance Law to increase transparency in real estate transactions and combat tax fraud, money laundering, and untraceable cash payments.

Its objective is to encourage buyers to use payment methods that provide clear proof of the origin and transfer of funds.

Who is affected?

The surcharge mainly applies to buyers who:

• purchase a new property priced above MAD 300,000;
• pay all or part of the purchase price in cash or through a non-traceable payment method;
• cannot provide proof of the payment method in the deed of sale.

If the payment is made using a recognized and traceable payment method, this surcharge does not apply.

Which payment methods help you avoid this surcharge?

To avoid the 2% surcharge, it is recommended to use a traceable payment method, such as:

• a bank transfer;
• a crossed cheque;
• a mortgage loan provided by a bank;
• any other electronic payment method that allows the transaction to be traced.

The notary will include these payment details in the deed of sale to demonstrate compliance with the new tax regulations.

How is the surcharge calculated?

The surcharge is equal to 2% of the amount paid in cash.

Example 1: Full payment in cash

You purchase a new apartment for MAD 900,000.

• Cash payment: MAD 900,000
• Surcharge: MAD 18,000

This amount is added to the standard registration duties and other acquisition costs.

Example 2: Partial payment in cash

You purchase a new apartment for MAD 1,200,000.

• MAD 900,000 paid by bank transfer;
• MAD 300,000 paid in cash.

The surcharge is calculated only on the amount paid in cash:

MAD 300,000 × 2% = MAD 6,000

Example 3: Full payment by bank transfer

You purchase a new property for MAD 1,500,000.

The entire purchase price is paid by bank transfer.

➡️ No 2% surcharge applies.

Are properties below MAD 300,000 affected?

As a general rule, the surcharge does not apply to real estate transactions with a purchase price of MAD 300,000 or less.

However, even in these cases, using a traceable payment method is strongly recommended to secure the transaction and simplify administrative procedures.

Why should you choose a traceable payment method?

Besides avoiding additional costs, paying through the banking system offers several advantages:

• avoid the 2% surcharge;
• secure the transaction between the buyer and the developer;
• obtain official proof of payment;
• simplify the notary's procedures;
• ensure compliance with Moroccan tax regulations.

Chridari's tips before buying a new property

Before reserving or signing a purchase agreement, make sure to:

• ask the developer which payment methods are accepted;
• use a bank transfer or mortgage financing whenever possible;
• keep all payment receipts and supporting documents;
• verify with your notary that every payment is properly recorded in the deed of sale.

These simple precautions can help you avoid unnecessary additional costs and complete your property purchase with confidence.

In summary

The new regulation introduced in July 2026 encourages buyers to move away from cash payments in favor of traceable payment methods.

If you're buying a new property, following a few simple best practices is enough to avoid the new 2% surcharge: use a bank transfer, a crossed cheque, or mortgage financing, and make sure all payment details are clearly stated in the notarized deed.

By planning ahead, you can complete your property purchase while avoiding unnecessary additional fees.