
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 haut standing sur Al Hadika
- rez de chaussée de 165 m2
- Excellent rez de chaussée de 165 m2
- Appart de 118 m2 à champs de course
- Appartement de 104 m2 proche de la clinique razi
- Appartement de 118 m2 a champ de course
- Appartement à vendre 147 m², 4 chambres - Oued Fes -FES-MA-1001
- Appartement en vente à Agdal - Rabat
- villa en vente a agdal Marrakech
- Appartt de 135 m2 sur route de sefrou
- Vente Appartement Maroc Rabat Agdal 144 m²
- في حي راقي شقة جميلة بثمن مناسب
- Magnifique appart à champs de course
- Rez de chaussé de 105 m2 proche 3 sources
- appart à hay azhar à vendre
- Appartement de 115 m2
- appart lot riad al yassmin à vendre
- appartement de 129 m2
- Vente appartement 179 m² à Fès
- Appartement à vendre
- appart haut standing à vendre
- apparte de 125 m2 a champe course
- appart haut standing à vendre
- Appart haut standing de 174 m2 à Al Hadika
- Appartement de luxe a quartier Hadika
- Terrain de 334 m2 près de la piscine diamant vert
- Terrain 7600 m2 à route Sefrou
- Terrain à route de sefrou prés CHU
- Terrain de 7600 m2 a route de Sefrou prés de CHU
- أرض محفظة بطريق عين الشقف فاس
- terrain zone villa proche piscine diamant vert
- أرض محفظة بالقرب من مصحة الرازي
- أرض محفظة بطريق صفرو
- Terrain à route sefrou
- Appartement à vendre 143 m², 3 chambres - Route immouzer -FES-SA-1007
- Vente terrain 3900 m² à Fès
- maison ancienne à vendre
- terrain a vendre a midelt
- Appartement à vendre 272 m², 3 chambres - Nouvelle Ville -FES-AG-1025
- Appartement de 170 m2
- Bel appartement Rez-de-Jardin
- appart à vendre
- Appartement à vendre 167 m2
- Appartement prestige 130 m2 sur Route d'Immouzere
- Formidable villa de 500 m2 située à hay lalla soukaina
- Appart à vendre très chic
- rez de chaussé à vendre avec jardin
- Appartement de 120 m2 en plein centre ville
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.