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Tangier or Fez: where to buy?
For new builds, Fez is on average about 28% cheaper than Tangier. Here are the figures side by side, then our reading by project.
Figures side by side
| Criterion | Tangier | Fez |
|---|---|---|
| Price per m² (new) | 7,500 – 14,000 MAD/m² | 5,500 – 10,000 MAD/m² |
| Studio (≈ 40 m²) | MAD 300,000 – MAD 560,000 | MAD 220,000 – MAD 400,000 |
| 2-bedroom (≈ 95 m²) | MAD 710,000 – MAD 1,330,000 | MAD 520,000 – MAD 950,000 |
| Size for MAD 1 million | 95 m² | 130 m² |
| Most affordable area | Gzenaya · Free zone | Narjiss · Oued Fès · Saïss |
| Most expensive area | Malabata · Corniche · Bay | Ville Nouvelle · Route d’Imouzzer · Racecourse |
| Seaside areas | 2 | — |
| Villa areas | 1 | — |
| Apartment prices (IPAI, 1 quarter) | +0.8% | +1.7% |
| Areas tracked | 5 | 2 |
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: Tangier and Fez are even on this point.
Families: Tangier and Fez are even on this point.
Buy-to-let: Tangier (4 areas with strong rental demand).
Near the sea: Tangier (2 seaside areas).
Upscale: Tangier (one upscale area).
Living in Tangier
Gateway to Europe, Tanger Med port and industrial zones: a growing working population, strong rental demand, and highly sought-after sea views over the bay and Malabata.
Check exposure to the wind (chergui), slopes and access. A sea view has a price, and a resale value.
Al Boraq high-speed train to Rabat and Casablanca, Ibn Battouta airport, passenger port to Spain.
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.
Investing in Tangier
Rental demand driven by Tanger Med, the automotive and textile industries. Studios and 1-bedroom flats near employment zones let quickly.
Investing in Fez
Student and family rentals, low entry budget.
Other comparisons with Tangier
Other comparisons with Fez
Frequently asked questions
Is it cheaper to buy in Tangier or Fez?
For new builds, Tangier: 7,500 – 14,000 MAD/m²; Fez: 5,500 – 10,000 MAD/m². Fez is about 28% cheaper.
How much is a 2-bedroom in Tangier and in Fez?
About MAD 710,000 – MAD 1,330,000 in Tangier and MAD 520,000 – MAD 950,000 in Fez, before purchase costs (≈ 7%).
What size for MAD 1 million in Tangier or Fez?
About 95 m² in Tangier and 130 m² in Fez, at the average new-build price.
Torn between Tangier and Fez?
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Last updated: 2026-10-20