
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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- Appart à vendre très chic
- excellent duplex de 190 m2
- Appartement de 118 m2
- Appartement de 135 m2 Route de Sefrou
- شقة بمساحة 129 متر بالطابق الثاني
- Appartement a 3 façades d une superficie de 124 m2
- Appartement à vendre
- joli appartement de 118 m2
- Appartement en vente à l'agdal
- Ravissante villa de 500 m2 à vendre
- appart 200 m2 à vendre
- Appartement à vendre Champs de course
- Appartement 115 m2 à Route Ain Chkaf
- Formidable appartement de 97 m2 proche de mosquée jouamaa
- Appartement à vendre 1 750 000 dh 234 m², 3 chambres - Bourmana
- شقة بطريق عين الشقف للبيع
- villa magnifique de 240 m2
- appart 165 m bien fait à vendre
- appart de top a champs de course
- bel appart à vendre 118 m2
- appart de fantastique 118 m
- Vente appartement 152 m² à Fès
- Appartement à vendre
- Appartement à Al Hadika
- أرض ذات مساحة 7600 متر مربع بطرق صفرو
- Terrain de 270 m2
- Terrain opposé a deux façades
- Terrain de 7600 m2 avec un plan de villa
- Lot de terrain sur la route de ain chkef
- Terrain à route sefrou
- Terrain de 7600 m2
- Terrain de 7600 m2 sur la route de sefro
- Terrain de 7600 m2 sur route sefrou
- أرض محفظة بطريق صفرو
- Terrain de 270 m2
- Terrain à vendre 650 000 dh 97 m² - Hay Tarik 1 -FES-AG-1095
- Duplex route imouzer 340 m2
- Vente appartement 100 m² à Fès
- Appartement haut standing à vendre
- appart formidable de 118 m à vendre
- Villa traditionnelle à hay Badr
- villa de 200 m2 route sefro
- Rez chaussée à route d'immouzer
- Appartement à vendre
- jolie villa de 240 M2 à route ain chkaf
- شقة مميزة بالقرب من مقهى بلونكو
- appart charmant à vendre
- Appartement de 220 m2 à Route Ain Chkaf
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.