
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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- apparte de 200 m2 à vendre à
- Appartement à vendre
- Appartement de 188 m2 à champs de course
- villa de 200 m2 Route Ain Chkaf
- Appartement à vendre
- Appartement à vendre 234 m², 3 chambres - Route immouzer -AAV 1
- appartement à vendre
- Appartement à vendre, champs de course , Fes
- Maison à vendre
- duplex de 370 m2 sur fes
- شقة دات مساحة 200 متر مربع
- شقة بموقع ممتاز بطريق عين الشقف
- aparte de 106 m2
- Appartement à vendre
- Vente appartement 179 m² à Fès
- Appartement 188 m2 de prestige a champs de course
- Charmante Villa de 200 m2 a un excellent prix
- villa semi fini à vendre
- exceptionnel appart à vendre
- appart hay farah à vendre
- Duplex à 4 chambres de 220 m2
- Duplex neuf à vendre
- appart à vendre hay farh
- Formidable appartement de 127 m2
- Appartement de 130 m2 sur Route d'Immouzere
- Appartement de 174 m2 Al Hadiqa oued fes
- appart haut standing sur al gadika a un bon prix
- terrain à 5 minute de l'hivernage idéale pour villa de prestige
- أرض محفظة في حي هادئ بطريق عين الشقف
- Terrain 7600 m2 reprise accepté
- lot de terrain au bd hassan2 fes vn
- Vente appartement 110 m² à Fès
- Appartement Résidence avec piscine
- appart avec belle finition proche clinique razi
- Duplex et appart à ain ameyar
- Appartement à vendre Rte Ain Chkef
- Appartement 129 m2 a Hay farah
- Grande maison à hay al amal
- Appartement de prestige 170 m2
- Appartement meublé de 161 m2
- Villa de 200 m2
- appart route ain chkef à vendre
- Appartement à vendre
- Maison en face de la faculté de médecine
- appart haut standing à vendre
- Un appartement dans une résidence fermée a l'Agdal
- Villa luxueuse à vendre
- شقة بالطابق الاول بحي الازهر
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.