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Sotheby’s International Realty Opens First Office in Morocco

PORTLAND, ME (October 4, 2021) Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced the opening of Morocco Sotheby’s International Realty, signifying the brand’s first office in Northern Africa. The addition brings the brand’s total number of affiliated offices in the EMEIA region to nearly 200.

Morocco Sotheby’s International Realty is owned and operated by David Chicard who brings 15 years of experience to the company. The office is located in the city of Marrakech and will service the surrounding region, with plans for future expansion in Essaouira, Tangier, and Rabat. The office will be led by Nicolas Beguin, who has lived in Morocco for almost 20 years.

Morocco offers a stable and inviting environment for global investors,” said Philip White, president and CEO, Sotheby’s International Realty. “The country attracts interest from Americans, Middle Easterners, and investors due to its proximity to Western Europe and Marrakech is a promising international city with a growing high-end segment. I am encouraged by our continued expansion and greatly look forward to supporting the Morocco Sotheby’s International Realty team.”

Morocco has something for every buyer,” said Chicard. “The region offers a cost-effective alternative to Europe and possesses a variety of highly coveted properties that suit buyer interests including villas for those looking to align their living situations with golf and riads located in the historic heart of the city. My industry experience and our affiliation with Sotheby’s International Realty further enables us to grow our business in the country, and on a global scale, while catering to the needs of our buyers and sellers.”

Chicard also successfully owns and operates three Sotheby’s International Realty® affiliated offices in Belgium, which have been operating since 2014 and generated a total sales volume of US$226M in 2020.

The Sotheby’s International Realty® network currently has more than 24,000 affiliated independent sales associates located in approximately 1,000 offices in 75 countries and territories worldwide. Morocco Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900 and info@legacysir.com. Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden and Northeast Harbor, is Maine’s leading luxury and lifestyle property company with more than 80 agents and six offices serving Maine coastal communities from York County to Hancock County as well as Seacoast New Hampshire.

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