
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 de 100 m2 route ain chkef
- Appartement à vendre
- Appartement à vendre 81 m², 3 chambres - Oued Fes -FES-ZO-1013
- Appartement a vendre
- Vente appartement 117 m² à Fès
- Appartement à vendre 77 m², 3 chambres - Route immouzer -FES-SA-1056
- Vente villa 375 m² à Fès
- Vente terrain 350 m² à Fès
- Magnifique Rez-de-Jardin avec Jardin Privatif à Marrakech
- شقة رائعة بثمن جد مناسب
- appart haut standing à vendre
- magnifique villa sur la route de ain chkef d’une superficie de 396 m2
- appart à vendre champs de course
- luxe appartement à vendre 114 m
- appart à coté cliniuque razi
- Appart à vendre très chic
- Appartement de luxe a champs de course
- شقة راقية بثمن مناسب
- Appartement de luxe
- Appart à vendre très chic
- appart de luxe a champs de course
- شقة رائعة التصميم
- Bel appartement de 90 m²
- Appartement Haut standing de 95 m²
- appartement bien fini en vente
- شقق فاخرة بطريق عين الشقف
- Appartement Haut Standing de 167 m² à vendre
- APPARTEMENT A VENDRE A TANGER AVEC TERRASSE SITUATION RUE DE FES SURFACE 124 M² / REFERENCE : VTAA51123
- APPARTEMENT A VENDRE A TANGER AVEC TERRASSE SITUATION RUE DE FES SURFACE 124 M² / REFERENCE : VTAA51123
- TERRAIN A VENDRE 05 35 64 47 87 /06 61 30 8928
- Appartement à vendre
- Villa luxueuse neuve à louer
- Appartements à route ain chkef
- Appartement à fés de 130 m2
- شقق بتصميمات جديدة
- appart à vendre
- Appartement de 81 m2 à Route Ain Chkef
- شقق راقية بطرييق عين الشقف
- Appartement haut standing de 121 m² à vendre
- Villa moderne de 396 m2 à fés
- Bels appartements de 147 m2
- Ravissante villa de 396 m2 avec piscine à vendre
- belle appart de 178 m2 à vendre
- Appartement à vendre à coté clinique razi
- شقق عالية الجودة بأثمنة مناسبة
- Appartement haut standing de 143 m2
- Appart à vendre très chic
- Appartement de 115 m2
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.