Melkia Morocco : Complete Guide to Buying Untitled Property

Buying real estate in Morocco can be complex, especially when it comes to untitled property, commonly known as "melkia". This type of property, while common in Morocco, has its own peculiarities that require a thorough understanding. In this article, we'll explore in detail what melkia is, the benefits and risks of buying untitled property, and the steps you need to take to secure your purchase. If you're thinking of investing in real estate in Morocco, it's essential to be well informed to avoid potential pitfalls.

What is Melkia in Morocco?

First and foremost, it's important to define what the melkia. A melkia is a traditional, handwritten deed attesting to the ownership of a property. Unlike land titles, which are registered with the relevant authorities, melkia are often based on family traditions and unregistered deeds. This means that ownership is passed on informally, without going through state institutions.

In other words, a property held in melkia is not officially registered in the land registers. This type of ownership is widespread in rural areas and certain regions of Morocco, where property is often passed down from generation to generation without being formalized.

The Risks and Benefits of Buying Melkia Property

Buying property in melkia has its advantages and disadvantages. On the one hand, prices of untitled properties are often lower than those of titled properties. This can represent an opportunity for investors looking for bargains. However, there are also significant risks to consider.

One of the main risks is the lack of legal security. Without land title, it is difficult to legally prove ownership of a property. This can lead to conflicts, particularly with other people who may claim ownership of the same property. What's more, reselling a property in melkia can be complicated, as potential buyers may be reluctant to purchase a property without land title.

However, it is possible to regularize the situation by securitizing the property, i.e. transforming the melkia into an official land title. This can be a lengthy and costly process, but offers greater legal certainty.

Buying a Melkia property

If you decide to buy a property in melkia, it's crucial to follow a number of steps to secure your investment.

Document verification

First and foremost, it's essential to check the melkia documents. Make sure the deed is well drafted, contains all the necessary information, and is signed by the parties involved. Consultation with a notary or specialized lawyer is highly recommended.

Property History Search

It is important to ensure that there are no ongoing disputes concerning the property. This may include inheritance disputes or claims by other family members.

Negotiation and Agreement 

Once you're satisfied with the verifications, you can begin negotiations. Don't forget that the price of a property in melkia must reflect the potential risks associated with the absence of land title.

Signature of the Deed 

Once the price has been agreed, signing the deed of sale is a crucial step. Once again, it is advisable to be assisted by a notary to ensure that everything is in order.

Securitization 

Finally, if you wish, you can start the process of securitizing the property. This procedure may take time, but it will give you long-term legal certainty.

Practical Tips for Buyers

When buying a property in melkia, it's essential to remain vigilant. Here are a few tips to help you avoid the pitfalls:

  • Consult an expert : Before making any decisions, we recommend that you consult a real estate expert or a specialized lawyer. They can guide you through the process and help you avoid the pitfalls.
  • Negotiate the price The price of a melkia property should be lower than that of a titled property. Use this argument in negotiations to obtain a better price.
  • Background check Make sure there are no outstanding disputes or claims on the property you are considering buying.

Case studies: Concrete examples

To illustrate the challenges and opportunities of buying property in melkia, let's look at a few real-life examples. For example, a buyer recently acquired a villa for sale in Marrakech without properly checking the property's history. Subsequently, he discovered that other family members were claiming a share of the property, which led to a protracted dispute.

On the other hand, an astute investor has managed to buy a riad for sale in Marrakech in melkia at an attractive price. He then took steps to securitize the property, significantly increasing its value. This example shows that, with the right precautions, a melkia purchase can be profitable.

Why choose Celestia Invest?

At Celestia Invest, real estate agency in MarrakechWe understand the complexities of buying untitled property in Morocco. With our expertise, we can guide you through every step of the process, from document verification to property titling. We are proud to be a prestigious and trusted real estate agency, specializing in the luxury real estate market in Marrakech. Whether you're looking for a villa, riad or other type of property, our team is here to support you and secure your investment.

Conclusion

Buying a melkia property in Morocco presents both opportunities and major risks. It's crucial to be well informed and to follow the necessary steps to secure your purchase. By working with a real estate agency in Marrakech like Celestia Invest, you can navigate this complex process with confidence. Whether you're interested in a villa for sale in Marrakech or a riad for sale in MarrakechOur team is ready to help you realize your real estate project in complete safety.

author avatar
Bahia Zouine CEO and CO-Founder
Bahia Zouine, founder of Celestia Invest, brings three years of luxury real estate expertise to Marrakech. The agency, specialized in the sale of villas, riads and hotels, is renowned for its international partnerships and commitment to transparency. For more information, please contact us.