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How to calculate the profitability of a short-term rental in Morocco

Profitability is decided by hidden costs as much as by the nightly rate. Here is a method that gives a realistic result for investors and owners.

October 6, 2026 · 6 min read

Maison d'hôte marocaine — façade et patio

Many owners and foreign investors estimate short-term rental income in Marrakech, Casablanca, Agadir or Tangier as 'nightly rate × 30'. This almost always overstates the result because it ignores real occupancy, commissions and per-stay costs.

1. Estimate realistic gross revenue

Use a cautious occupancy rate by season rather than one optimistic figure. Gross revenue is the sum of nights sold multiplied by the average rate for each season.

2. Subtract variable and fixed costs

Every stay generates costs, and fixed costs remain due even when the property is empty.

  • Platform commissions and payment fees
  • Cleaning and laundry at each turnover
  • Supplies and guest amenities
  • Service charges, utilities, internet and insurance
  • Maintenance and furniture renewal

3. Include management and taxes

A concierge company usually charges a commission on rental revenue; if you self-manage, value your time honestly. Taxation depends on your personal situation — work with a local accountant, especially as a non-resident owner.

4. Track actual figures, not estimates

Net result = gross revenue − variable costs − fixed costs − management − taxes. Once the property is live, track what actually happens. Welcomax Rental PMS follows occupancy, revenue and payments per property and supports MAD, EUR and USD for owner statements.

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Welcomax tracks revenue in MAD, EUR, USD or other configured currencies, which makes statements clearer for owners based abroad.