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Fez or Tetouan: where to buy?

For new builds, Fez is on average about 18% cheaper than Tetouan. Here are the figures side by side, then our reading by project.

Figures side by side

CriterionFezTetouan
Price per m² (new)5,500 – 10,000 MAD/m²6,000 – 13,000 MAD/m²
Studio (≈ 40 m²)MAD 220,000 – MAD 400,000MAD 240,000 – MAD 520,000
2-bedroom (≈ 95 m²)MAD 520,000 – MAD 950,000MAD 570,000 – MAD 1,240,000
Size for MAD 1 million130 m²105 m²
Most affordable areaNarjiss · Oued Fès · SaïssTétouan centre · Wilaya · Touabel
Most expensive areaVille Nouvelle · Route d’Imouzzer · RacecourseCabo Negro · Marina Smir
Seaside areas—2
Villa areas—1
Apartment prices (IPAI, 1 quarter)+1.7%—
Areas tracked23

Indicative 2025-2026 new-build benchmarks tracked by ABRAJ (price per m² by neighbourhood), before purchase costs. ABRAJ publishes no listings: an advisor searches for the matching property.

Our reading by project

Tight budget: Fez (one affordable area, lower average price).

Families: Fez (2 family areas or near schools).

Buy-to-let: Fez and Tetouan are even on this point.

Near the sea: Tetouan (2 seaside areas).

Upscale: Tetouan (one upscale area).

Living in Fez

Spiritual capital and a large university city. Affordable prices, student and family rental demand, new developments in the Ville Nouvelle and along the Imouzzer road.

Ville Nouvelle to be close to services, Route d’Imouzzer for recent residential areas.

Living in Tetouan

The Mediterranean coast: Tetouan to live in, Martil, M’diq and Cabo Negro for seaside second homes.

Strongly seasonal: check how lively it is outside summer.

Investing in Fez

Student and family rentals, low entry budget.

Investing in Tetouan

Summer rentals, to weigh against vacancy out of season.

Other comparisons with Fez

Other comparisons with Tetouan

Frequently asked questions

Is it cheaper to buy in Fez or Tetouan?

For new builds, Fez: 5,500 – 10,000 MAD/m²; Tetouan: 6,000 – 13,000 MAD/m². Fez is about 18% cheaper.

How much is a 2-bedroom in Fez and in Tetouan?

About MAD 520,000 – MAD 950,000 in Fez and MAD 570,000 – MAD 1,240,000 in Tetouan, before purchase costs (≈ 7%).

What size for MAD 1 million in Fez or Tetouan?

About 130 m² in Fez and 105 m² in Tetouan, at the average new-build price.

Torn between Fez and Tetouan?

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Last updated: 2026-10-20

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