
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 113m R+2 à Hiba oued fes
- fantastique appart de 110 m2 bien situé
- joli appartement à Fès
- Appart à vendre très chic
- appartement à vendre
- appart haut standing à vendre
- Appartement à vendre
- Appartement de 170 m2 a un bon prix
- Appart haut standing à quartier El Hadika
- أرض محفظة بطريق عين الشقف قرب بلونكو
- Terrain de 270 m2
- أرض ذات مساحة 7600 متر بطرق صفرو
- Terrain zone villa proche piscine diamant vert
- أرض ذات مساحة 7600 متر بطرق صفرو
- Terrain plan villa sur la route de sefrou
- Terrain de 189 m2 proche de la mosquée jouamaa
- Terrain de 189 m2 à coté de la mosquée jouamaa
- Terrain sur la route sefrou
- أرض بموقع استراتيجي قرب مصحة الرازي
- Terrain agricole - Terrain - Fès
- Vente terrain 2000 m² à Fès
- Coquette villa avec 4 Façades à l'Agdal
- Villa à vendre 728 m², 5 chambres - Hay Al Azhar -FES-AG-1030
- en plein avenue fal ouled oumeir
- Appartement à vendre 114m2 3 chambres
- Grand appartement avec cour
- Appartement à vendre 166 m², 3 chambres - Route immouzer -FES-SA-1047
- jolie appart à coté de mosquée jouamaa
- belle apparetement a route d'immouzzere
- Appart à vendre très chic
- شقة راقية بطريق ايموزار
- Appartement à vendre
- Rez de chaussée de 120 m2 avec 4 chambres
- agréable appart à route de sefrou
- belle maison a rte sefro
- Appartement a 3 façades
- maison de 240 m2 avec une cuisine équipé
- appartement à route sefrou
- شقة جديدة بطريق ايموزار وبثمن مناسب
- شقة ذات مساحة 129 م بالطابق الثاني طريق عين الشقف
- Appart à vendre très chic
- formidable appart de 129 m2
- Appart neuf à route ain chkef avec un bon prix
- appart de 200 m2 à hay azhar
- Appart de 127 m2 prés de la clinique razi
- Bella villa de 200 m2 à Route Ain Chkaf
- Appartement tout équipement
- Magnifique appartement de 174 m à Oued Fès
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.