New homes · Fez
New homes 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.
Indicative new-build prices: MAD 5,500 to 10,000 per m² on average. Indicative ranges observed for new builds (2025-2026), varying with the residence, floor, view and developer. To be confirmed case by case.
Official Bank Al-Maghrib / ANCFCC index, Q2 2026: apartment prices +1.7% over the quarter, apartment sales +8.4%.
Fez neighbourhoods and prices
| Narjiss · Oued Fès · Saïss | 5,500 – 8,000 MAD/m² |
| Ville Nouvelle · Route d’Imouzzer · Racecourse | 7,000 – 11,000 MAD/m² |
Price of a new home in Fez
| Studio (≈ 40 m²) | MAD 220,000 – MAD 400,000 |
| 1-bedroom (≈ 65 m²) | MAD 360,000 – MAD 650,000 |
| 2-bedroom (≈ 95 m²) | MAD 520,000 – MAD 950,000 |
| 3-bedroom (≈ 130 m²) | MAD 720,000 – MAD 1,300,000 |
What salary to buy in Fez?
- On a net salary of MAD 6,000, a 25-year loan buys about 56 m² at the average new-build price in Fez.
- On a net salary of MAD 10,000, a 25-year loan buys about 93 m² at the average new-build price in Fez.
- On a net salary of MAD 15,000, a 25-year loan buys about 139 m² at the average new-build price in Fez.
- On a net salary of MAD 20,000, a 25-year loan buys about 186 m² at the average new-build price in Fez.
To live in
Ville Nouvelle to be close to services, Route d’Imouzzer for recent residential areas.
To invest
Student and family rentals, low entry budget.
Purchase costs for a new build: plan for about 6 to 7.5% on top of the price including VAT (registration duties ≈ 4%, land registry ≈ 1.5% plus fixed fees, notary ≈ 1% plus VAT, sundries). These benchmarks help frame your request: ABRAJ does not publish listings, an advisor searches for the property that matches.
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