Property Prices in Fes (Fez), Morocco

Index Info
Price to Income Ratio: 10.03
Mortgage as Percentage of Income: 95.14%
Loan Affordability Index: 1.05
Price to Rent Ratio - City Centre: 23.24
Price to Rent Ratio - Outside of Centre: 19.20
Gross Rental Yield (City Centre): 4.30%
Gross Rental Yield (Outside of Centre): 5.21%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 2,266.67 MAD 1,600.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,400.00 MAD 1,000.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,533.33 MAD 3,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,250.00 MAD 1,700.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,003.34 MAD 743.22-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 518.70 MAD 371.61-603.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,083.33 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.25 7.00-7.50

These data are based on 60 entries in the past 18 months from 9 different contributors.
Last update: May 2021

Sources and References
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