linkedin icon

Real estate in Meknes

The Fes-Meknes region in Morocco holds a strong appeal for international property buyers and investors, with Meknes being one of its crown jewels. This historic imperial city offers a diverse range of real estate, whether you're searching for a potential dream home, traditional riad for sale, or a contemporary apartment nestled in the city's vibrant medina. Meknes, known as the "Versailles of Morocco", is recognized for its stunning architecture, charming old town, and sprawling vineyards that paint an alluring picture for prospective property buyers. Before reaching out to a local property consultant, it's advisable to have an understanding of the local housing market, what type of properties in Meknes are up for grabs, and the cost of acquiring a home in such a distinct location. With its remarkable historic sites, peaceful gardens, and a fusion of Arab and French architectural influences, Meknes offers a unique blend of tradition and modernity, making it an appealing option for those looking for a holiday home or property investment in Morocco. The vibrancy, cultural richness, and diversity of Meknes real estate are sure to capture your imagination alike.

Meknes properties: Market trends overview

The real estate market in Meknes, Fes-Meknes region, Morocco, has seen a consistent rise in property prices, drawing the attention of international investors and real estate purchasers, particularly from the Middle East, France, the UK, and the United States. Meknes’s ideal location and splendid weather conditions make it ideal for those seeking a relaxed lifestyle intertwined with the vivacious rhythms of traditional Moroccan festivals and markets. Furthermore, the city's rich cultural heritage and proximity to the vibrant city of Fes, add to its charm. Over the last few years, the local administration in Meknes has been channeling resources towards urban development and real estate expansion. This has resulted in a diverse array of property options for local and international buyers. Choices range from modern condominiums and apartments, to elegant villas stylized in modern Moroccan architecture, traditional Riads, and luxury penthouses. The ease of finding housing to suit a wide range of budgets and lifestyle preferences in Meknes, Morocco, alongside the city’s rich, historical charm, makes this location increasingly appealing to foreign investors.

Average price of a property for sale in Meknes

What can you expect to shell out for properties in Meknes, Fes-Meknes, Morocco? The answer is not straightforward due to the numerous features that determine the property value. These include the type of property, its closeness to historical landmarks or city center, available amenities, and individual preferences like luxury features, size, accessibility, and more. The most recent data suggests that in Meknes, the peak asking price for a property was MAD 23,340 per square meter. The most prestigious properties are primarily located in the Bab Mansour-El Hedim area, where prices reflect the premium location. Contrarily, the most economical properties, with an average price per square meter of MAD 17,273, can be found in the El Bassatine-El Menzeh area. The average listing price for a house at present is roughly MAD 4,972,780.

Types of properties can you find in Meknes

In Meknes, Fes-Meknes, Morocco, the real estate landscape is rich and varied. Properties range from compact apartments to luxurious penthouses, opulent villas with stunning views, and traditional Moroccan Riads. The most sought-after properties are often in secure residential enclaves. You'll find spacious 3-4 bedroom apartments with expansive balconies, two-storey homes with individual entrances, each level boasting its own wide balconies and fully equipped kitchens. If you prefer a more luxurious dwelling, consider a newly built villa situated in a prime location in Meknes. These villas often offer breathtaking views of the surrounding landscape, are within strolling distance to local markets and notable sights, and offer the quintessential Moroccan living experience.