How to save for an apartment in Morocco: a month-by-month plan
Updated 4 November 2026 · by Kenzalo
To buy an apartment, first set the down payment you are aiming for (often a share of the price plus purchase costs), then divide it by the number of months until your target date: that is your monthly saving. Transfer it on payday and track your progress; if the amount is too high, extend the deadline or reduce your spending budget.
1. Set a goal with a figure
The goal is not "buy an apartment" but an amount and a date. It includes the down payment required by the bank (a share of the price) and the purchase costs (notary, registration, land registry…), which add up to a significant sum on top of the price. Check with your bank and a notary for your own situation.
2. Work out your monthly savings
Monthly savings = (goal − savings already available) ÷ number of months. Indicative example:
| Item | Amount (example) |
|---|---|
| Target down payment and costs | 200,000 DH |
| Already saved | 40,000 DH |
| Still to save | 160,000 DH |
| Timeframe | 36 months |
| Savings needed per month | ≈ 4,445 DH |
3. Make the goal achievable
- Extend the timeframe: 48 months instead of 36 greatly reduces the monthly effort.
- Put one-off income (bonuses, 13th-month salary, daret payout) towards the goal.
- Review your spending budget: cutting going out and groceries by 10% turns into savings.
- Keep your savings separate, in an account you don't touch.
4. Track your progress every month
Record every payment towards the goal and look at the percentage reached. If you can't save one month, the monthly savings needed go up a little: better to know right away than to discover you are behind two years later.
Frequently asked questions
How much down payment do you need to buy in Morocco?
It depends on the bank, your profile and the type of loan, and you need to add the purchase costs. Ask your bank for a simulation, then set that down payment as your savings goal.
How can I save faster for an apartment?
Transfer your savings on payday, put bonuses and daret (rotating savings circle) payouts towards the goal, and cut a few spending categories: monthly tracking shows the effect right away.
Which app can I use to track a savings goal in Morocco?
Kenzalo lets you create a goal (home, car…) with an amount and a date, works out the monthly savings needed and tracks your progress in dirhams.