High potential real estate projects in the Fès region: Opportunities and development

Oct 7, 2024

Royal Palace of Fès

Fès, the spiritual and cultural capital of Morocco, is increasingly attracting the attention of real estate investors. With its exceptional historical heritage, new infrastructures, and strategic geographical location, the Fès region is undergoing transformation.

In 2025, several high-potential real estate projects are underway, offering buyers and investors unique opportunities.

In this article, we will explore the most promising real estate projects in the Fès region, and why this city is becoming a top choice for real estate investment.

Fès Smart City: A growing hub of innovation

The Fès Smart City project is one of the largest developments underway in the region. This ambitious project aims to transform Fès into a smart city by integrating modern technologies and sustainable infrastructures. It's a real turning point for real estate in Fès, offering a modern living environment while respecting the city's historical heritage.

A development focused on technology and sustainability

Fès Smart City includes modern residential areas, offices, shopping centers, and green spaces. This project relies on the latest technological innovations to improve residents' quality of life and promote the green economy. For investors, such real estate projects represent an opportunity to engage in a rapidly evolving market.

An apartment or house in the Fès Smart City, with its high-tech infrastructures and eco-friendly living environment, could attract middle-class tenants and professionals seeking connected housing.

Investing early in projects like this offers the possibility of benefiting from the rapid growth in property value over the years.

Luxury residences in prestigious neighborhoods

The upscale neighborhoods of Fès, such as Zahrat Annakhil or Route d’Imouzzar, are experiencing high demand for luxury residences. These areas are expanding, attracting wealthy Moroccan and international clientele looking for prestigious properties.

Growing demand for luxury villas and apartments

The villas and apartments in these prestigious areas stand out for their modern architecture, quality amenities, and sophisticated infrastructures (swimming pools, private gardens, enhanced security). Demand for these luxury properties is driven by a high purchasing power clientele, comprising families, expatriates, or investors seeking secondary residences.

A luxury villa with a private garden and panoramic views of the surrounding mountains, located on the Route d’Imouzzar, is rapidly gaining value. Many investors see here an opportunity to achieve significant capital gains within a few years.

Investing in ascending neighborhoods like Zahrat Annakhil allows capitalizing on the growth of the luxury market in Fès while attracting a high-end clientele.

Residential projects for the middle class: The future of real estate in Fès

Fès is also under development to meet the needs of the Moroccan middle class. Modern residential neighborhoods are under construction, offering apartments and houses at affordable prices, while ensuring a comfortable and modern living environment.

An affordable yet rapidly expanding real estate market

Residential projects for the middle class are a great opportunity for investors looking for affordable properties with strong growth potential. These projects, located on the outskirts of Fès, aim to meet the growing demand for housing for families and young professionals.

Projects like Résidences Al Boustane offer modern apartments at attractive prices, with green spaces, nearby schools, and easy access to public transportation. This attracts more and more middle-class buyers seeking to own property.

For investors seeking stable rental income, these residential projects offer an excellent balance between affordable purchase prices and strong rental demand.

Development of tourist areas: Investing in real estate near historical monuments

Fès is one of the most popular tourist destinations in Morocco, notably due to its medina, a UNESCO World Heritage site, and its famous monuments like the University Al Quaraouiyine. Real estate projects around these tourist areas continue to attract investors looking to capitalize on the city's tourist appeal.

Riad to renovate in the medina: A profitable investment opportunity

Investing in a riad to renovate in the medina of Fès is an increasingly popular option for investors wishing to venture into tourist rentals or boutique hospitality. With renovations that respect the traditional architecture, these riads become sought-after spots for tourists seeking authenticity.

Buying a historic riad in the medina, renovating it, and transforming it into a guesthouse can generate substantial income, particularly during tourist seasons. The high demand for this type of accommodation makes this investment particularly attractive.

Hire local artisans specialized in riad renovations to restore the property while preserving its historical charm. This will increase its value and attract discerning clientele.

Charming apartments near historical monuments

Neighborhoods close to the iconic monuments of Fès are highly sought after by investors. Buying an apartment in these areas allows you to benefit from both proximity to tourist attractions and modern infrastructure, while responding to the growing demand for seasonal rentals.

Apartments located near the medina and souks, offering views of the city walls or historical mosques, are ideal for tourist rentals or for expatriates seeking cultural immersion.

Mixed-use projects: Shops and housing for diversified investment

Mixed-use real estate projects (combining residential and commercial spaces) are booming in Fès. These projects, often located in strategic areas of the city, allow investors to diversify their portfolios by offering both residential apartments and commercial spaces. This maximizes income opportunities, whether through residential or commercial rents.

A burgeoning market

These mixed-use projects, often situated near major roads or in rapidly expanding neighborhoods, attract a varied clientele, from families to young entrepreneurs. By investing in these projects, you benefit from dual demand: that of residential tenants and merchants looking to open shops in dynamic areas.

A building comprising modern apartments and ground-floor shops, located in a thriving neighborhood, allows you to receive regular rental income while diversifying your revenue streams.

Target mixed-use projects in developing areas to maximize your profitability. This type of investment offers financial stability thanks to the diversity of tenants.

Eco-responsible projects: The future of real estate in Fez

With a growing awareness of environmental issues, Fez is witnessing the emergence of eco-responsible real estate projects. These projects incorporate green technologies, sustainable materials, and green spaces, while providing a pleasant living environment. Investing in these projects is not only an ethical decision but also a way to anticipate the growing demand for ecological housing.

Sustainable real estate on the rise

Ecological residences are becoming increasingly popular with young families and expatriates looking to minimize their ecological footprint. Investors anticipating this trend can benefit from significant long-term capital gains while participating in the ecological transition.

Eco-responsible residences in Fez incorporate solar panels, rainwater harvesting systems, and local, sustainable materials. This allows residents to reduce their energy costs while offering a superior quality of life.

Opt for ecological real estate projects in developing neighborhoods to benefit from the rise in demand while meeting the growing environmental requirements.

Conclusion: Fez, a booming destination for real estate investment

The region of Fez, with its innovative projects, developing neighborhoods, and tourism potential, offers varied and promising real estate investment opportunities.

Whether you are looking for a modern residential project, a riad to renovate, or a commercial opportunity, Fez offers an expanding market with attractive profitability prospects.

Ready to invest in Fez's real estate projects? Discover the best opportunities available on Housing Place and start building your future today.