
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 coté clinique razi à vendre
- Appartement de 115 m2 sur une belle emplacement
- Appartement à champs de course fes
- appart route ain chkef à vendre
- appart hay farah à vendre
- Appartements à aïet skatou a un prix raisonnable
- Appartement à vendre
- Appart à vendre très chic
- Appartement à vendre
- Appart de 125 m2 a champs de course
- bel appart à vendre 118 m
- fantastique appartement de 118 m2
- appart à vendre de 200 m
- fantastique appartement à route sefrou
- joli appartement à Fès
- Appartement à vendre 167 m², 3 chambres - Route immouzer -FES-SA-1045
- Appartement à vendre
- Appartement de 135 m2 Route de Sefrou
- Appartement de 124 m2 à route ain chkef
- Appart de 124 m2
- appart hay farah à vendre
- Magnifique Rez de chaussée de 165 m2
- Appartement 200 m2 à azhar
- Appartement à vendre 114 m2
- Appartement Appartement de 188 m2 Centre
- agréable appartement et propre a fes
- Appartement de luxe a champs de course
- Appart de 130 m2 m2 à ain amyer Route Ain Chkaf
- Appartement de 220 m2 à Route Ain Chkaf
- formidable villa située à hay nouzha
- apparte de 130 m2
- شقة جديدة بطريق ايموزار وبثمن مناسب
- Appartement à rachediya 2 avec un bon prix
- Appartement 118 m2 a champs de course
- Appartement de 135 m2 sur la route Sefrou
- Maison 120 m2
- appart 113 m route ain chkef
- appart 200 m2 à vendre hay azhar
- appart à vendre à coté clinique razi
- شقة بمطبخ مجهز بطريق عين الشقف
- Appartement de 115 m2 avec 3 chambres
- appart de 200 m2 à hay azhar
- Appartement de 118 m2 à champs de course
- Appartement de 110 m2 à ait skatou
- nouvelle appartement à vendre
- Appartement à vendre 76 m², 2 chambres - Route immouzer -FES-SA-1060
- Appartement de luxe à vendre à Fès - Champs de Course
- appart à vendre à route ain chkef
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.