Meknes guide
Investing in property in Meknes in 2026
A calm imperial city 60 km from Fez. Prices among the most affordable of Morocco’s large cities. Where to invest in Meknes, with what budget and which rental strategy? Benchmarks area by area.
Why invest in Meknes
Returns supported by low entry prices, with narrower rental demand.
Official trend (IPAI Bank Al-Maghrib / ANCFCC, Q2 2026) in Meknes: apartment prices −0.1% over one quarter, apartment sales −12.3%.
Where to invest in Meknes
| Neighbourhood | Price per m² (new) | 1-bedroom (≈ 65 m²) |
|---|---|---|
| Toulal · Ouislane · Route d’Agouray | 5,000 – 7,500 MAD/m² | MAD 330,000 – MAD 490,000 |
| Hamria · Centre · Marjane | 6,000 – 9,000 MAD/m² | MAD 390,000 – MAD 590,000 |
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.
Which rental strategy?
Small, well-located units (studio, 1-bedroom) rent and resell fastest: in Meknes, a new 1-bedroom costs MAD 330,000 – MAD 550,000.
Long-term letting for steady income, furnished or seasonal letting where tourist demand exists (licence to check). Yield is never guaranteed: it depends on location, vacancy, charges and tax.
Tax: rental income taxed at 10 to 15% of gross rents; capital gains on resale taxed at 20% (minimum 3% of the price). To confirm with a notary or tax adviser.
Financing a 1-bedroom at the Meknes average price
| Price | MAD 440,000 |
| 20% down payment | MAD 90,000 |
| Purchase costs (≈ 7%) | MAD 30,000 |
| Cash needed (down payment + costs) | MAD 120,000 |
| Loan amount | MAD 350,000 |
| Monthly payment, 20 years (4.5%) | MAD 2,200 |
| Monthly payment, 25 years | MAD 1,900 |
| Recommended net income (25 years) | MAD 4,800 |
Excluding insurance, indicative 2026 fixed rate. Banks usually cap repayments at 40% of net income. Prices based on new-build benchmarks, to be confirmed property by property.
More guides on Meknes
The same guide for other cities
- Investing in property in Casablanca in 2026
- Investing in property in Rabat in 2026
- Investing in property in Marrakech in 2026
- Investing in property in Tangier in 2026
- Investing in property in Agadir in 2026
- Investing in property in Fez in 2026
- Investing in property in Kenitra in 2026
- Investing in property in Tetouan in 2026
- Investing in property in Oujda in 2026
- Investing in property in El Jadida in 2026
- Investing in property in Essaouira in 2026
- Investing in property in Mohammedia in 2026
Frequently asked questions
Where to invest in Meknes?
Areas with strong rental demand are Toulal · Ouislane · Route d’Agouray, Hamria · Centre · Marjane. Returns supported by low entry prices, with narrower rental demand.
What budget to invest in Meknes?
Expect MAD 200,000 – MAD 300,000 for a studio in the most affordable area (Toulal · Ouislane · Route d’Agouray), and on average MAD 440,000 for a 1-bedroom.
A project in Meknes?
Describe your project: an ABRAJ advisor shortlists the new developments that fit your budget, free and with no commitment.
Last updated: 2026-10-20