Fès el-Bali (Medina)

The world's largest car-free medina, home to Fez's boutique riad market

Updated June 17, 202611 min read

About Fès el-Bali (Medina)

Fès el-Bali is a living medieval city, a UNESCO-listed medina of 9,500 alleys where artisans, mosques and the ancient Al-Qarawiyyin University share space with riad guesthouses catering to cultural travellers. For investors the opportunity is the riad conversion, turning a centuries-old courtyard house into boutique accommodation. It is a passion-and-tourism play rather than a conventional yield one: renovation of protected fabric is expensive, there is no car access, and resale buyers are few, so it rewards operators who understand the heritage product they are buying.

Location

Fès el-Bali (Medina) in Fez, Fès-Meknès, Morocco

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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