
Fes.
Heritage trophy tier. Restored riads, slower velocity, prestige.
Fes is the heritage trophy tier — restored riads in Fes el-Bali (UNESCO) command pricing premiums for craftsmanship rather than location. Slower velocity than Marrakech but the buyer pool overlaps. Ville Nouvelle Fes is the new-build tier next to the TGV station.
Where to look in Fes
- Ville Nouvelle FesTier S2TGV 1.5kmAirport 16km—0 listingsopen
- Fes MedinaTier S1TGV 3.5kmAirport 18.5km—0 listingsopen
Highest-graded Fes listings
inventory — Fes
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- parfaite appartement de 126 m2
- Vente villa 216 m2 toute neuve AL Hadika
- appartement joli endroit en vente
- Terrain de 189 m2 sur la route de ain chkef
- Terrain de 7600 m2 avec plan de villa
- أرض محفظة في حي هادئ بطريق عين الشقف بفاس
- Terrain de 189 m2 possibilité de reprise
- Terrain de 189 m2 proche du café blanco
- Terrain 334 m2 à quartier Route Ain Chkef
- Terrain titré à route de sefrou
- Appartement à vendre 140 m², 3 chambres - Bourmana -FES-AG-1121
- location appartement meublé
- شقة بالقرب من مصحة الرازي بطريق ايموزار
- Appart à vendre 200 m hay azhar
- appart 118 m joli emplacement
- Appartement de 170 m2 à Route d'Immouzere
- Appart à vendre très chic
- شقة باقامة آمنة بطريق ايموزار
- appartement de charme à vendre
- appart haut standing à vendre
- appart à vendre à hay farah
- Appartement 170 m2 sur Route d'Immouzere
- Magnifique appart de 127m prés de la clinique razi
- Appartement de luxe a champs de course
- Appartement neuf de 81 m2 à route ain chkef
- شقة بأربعة غرف بطريق ايموزار
- Appartement en vente en haut d'agdal
- Appartement de 135 m2 sur la Route de Sefrou
- appart haut standing à vendre
- appart luxueux en vrnte
- Appart sans vis à vis 124 m2
- شقة للبيع بالطابق الثاني في حي هادئ ونظيف بطريق عين الشقف
- Appartement de 81 m2
- Appartement à vendre, 4 chambres - Nouvelle Ville -NEW-RESCHAHDIA3
- Appartement à vendre, Agdal , Fes
- Appartement neuf à vendre 100 m2
- appartement de charme à vendre
- Appart 113m R+2 à Hiba oued fes
- Appartement 124 m2 à coté technologia al karaouin
- un joli appart a champs de course a un bon prix
- Appartement haut standing bien situé dans le quartier Tarek Ibno Ziad Ouéd Fés
- bel appart à vendre 118 m sur la route ain chkef
- شقة مساحتها 129 م بطريق عين الشقف
- Maison complète à vendre
- Appartement de luxe a un bon prix
- Appartement à vendre 110 m2
- Logement bien équipé
- Appartement à route de Sefrou 135 m2
Where else investors are buying
- MarrakechTrophy estates, riad heritage, +5–8% YoY appreciation.
- CasablancaFinance capital. WC 2030 final venue at Grand Stade Hassan II.
- TangierStrait of Gibraltar gateway. Tanger Med + Grand Stade 75k.
- RabatPolitical capital. Embassies, diplomatic-quarter premium.
- AgadirResort tier. Founty beach, new marina, WC 2030 candidate.
- EssaouiraUNESCO medina, design-led riads, fashion-industry-adjacent.
- TetouanCabo Negro coast, Marina Smir, WC 2030 spillover from Tangier.
- TemaraRabat's Atlantic beach belt — Harhoura, Sables d'Or, commuter-close.
- MohammediaCasablanca's seaside golf town — Royal Golf, beaches, port jobs.
- KenitraThe industrial boomtown — Stellantis, Gotion gigafactory, Atlantic Free Zone.
- El JadidaUNESCO Mazagan coast — beach resort above, Jorf Lasfar industry below.
- BouznikaBouznika Bay — beach-and-golf second homes between the two capitals.
- IfraneThe Middle Atlas alpine town — Michlifen ski resort, Al Akhawayn, chalets.
Buying property in Fes
Can foreigners buy property in Fes, Morocco?+
Yes. Non-residents may buy freehold property in Fes, Morocco (agricultural land is the main exception); the sale is registered as a titre foncier before a notary. No Moroccan residency is required to own.
Can I repatriate rental income or resale proceeds from Fes?+
Yes, if you fund the purchase through a compte en dirhams convertibles (convertible-dirham account) declared to the Office des Changes. That records the foreign-currency inflow and lets you repatriate net rental income and resale proceeds in hard currency.
What are the total transaction costs when buying in Fes?+
Budget roughly 7–9% on top of the price: registration duty (DGI) ~4% on resale (a preferential 2.5% on a developer new-build first sale), land-conservation ~1.5%, notary ~0.5–1.5% (degressive scale) plus 20% VAT on the fee, and agency ~2.5% where applicable. Figures vary by property — confirm with your notary.
What rental yields do Fes properties offer?+
marocain.investments shows an AI-estimated gross yield on every Fes listing as decision-support, not a guarantee. Yields vary by district and by short-let versus long-let use.
How does marocain.investments grade listings?+
Each listing carries a cohort-relative {GIN} grade (Quality — view, build, condition, amenities and location — plus a price-vs-value Deal read and a sourced macro-catalyst signal), an M-Value comparable estimate and a two-scenario forecast — all framed as investor decision-support, not a formal valuation.