
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
1,405 · Page 5 of 30
- Terrain front Golf
- villa magnifique de 396 m2
- Vente Jolie Villa meublée à Agdal
- Magnifique appartement de 126 m²
- somptueuse villa
- Villa bien situé de 396 m2 à fes
- lux appart avec climatiseur centralisé
- شقة 137 متر مربع
- Appartement de 89 m2 Route Ain Chkaf
- Villa moderne bon prix
- de haut standing appartements à champs de course
- شقة بحي راقي
- Joli appartement de 137 m2 à champs de course
- à route sefrou appartement avec une belle finition
- appartement à vendre
- Appartement à vendre 180 m², 3 chambres - Nouvelle Ville -FES-AG-1117
- Appartement à vendre
- Appartement de 118 m2 à champs couse a un bon prix
- Appartement de 89 m2 avec bon prix et bien fini
- RIAD À VENDRE - MÉDINA DE FÈS
- appartements de haut standing à champs de course
- Maison avec terrain à vendre superficie 2236 m²
- joli appartement à Fès
- Maison de 396 m2 Route Ain Chkaf
- Fantastique villa de 396 m2 à Route Ain Chkaf
- Vente appartement 86 m² à Fès
- Appartement de 143 m2
- Appartement de luxe au champs de course
- Appartement de luxe d'une superficie de 143 m2
- appartement bien fini a champs de couse
- شقة رائعة بمطبخ مجهز
- Appart à vendre très chic
- Appartements haut standing a champs de course
- Appartement à vendre 150 m², 3 chambres - Nouvelle Ville -FES-AG-1090
- Bel appartement de 105 m² à vendre
- appart haut standing à vendre
- Appartement à vendre
- OPPORTUNITE INVESTISSEMENT APPARTEMENT A VENDRE A TANGER SITUATION RUE DE FES SURFACE 124 M² / REFERENCE VTAA11426
- Vente appartement Fès
- Vente appartement 150 m² à Fès
- Appartement de 170 m2
- Villa luxueuse à vendre
- Appartement à vendre
- Appartement neuf de 105 m2 avec un prix raisonnable
- Appartement proche technologia al karaouin
- Appartement 130 m2 à Route d'Immouzere a bon prix
- Appartement de 118 m2 à champs de course
- Appartement à vendre
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.