Fes El Bali

Fes el Bali is the ancient walled medina, a UNESCO World Heritage Site and the world's largest car-free urban area. Founded in the 9th century, it contains over 9,000 narrow alleyways and the University of Al Quaraouiyine, the oldest continuously operating university in the world.

The property market is unique: riads in various states of repair attract foreign buyers who undertake restoration projects as guesthouses or residences. Prices vary enormously by location, size, and condition. Properties near Bab Boujloud or Talaa Kebira command premiums.

Buyers must navigate complex title situations and budget carefully for restoration costs.