EDF is the next emerging real estate market of Morocco. What about Marrakech? Properties in Marrakech virtually all were purchased and people turn now to the EDF. Because The Edf? It is possible to estimate that 95% of all foreigners buying Edf are buying houses in the old medina; restoration and then using them in any way they desire. The old medina has the charm and mystery of a Arab town of 1500 years.
Houses and Riads (houses with gardens) hidden down small close allies just waiting to be discovered. From plaster richly carved woodwork, amazing, beautiful zelig (tile), these houses are a wonderful project and investment for those who seek to enter the foreign market.
Many Europeans are grabbing properties of Fes. Direct flights are now available from many European cities in Fes, which makes Fes the perfect summer or winter destination.
In the last 5 years, house prices have doubled in Fes and it seems that the trend is to continue. Every day are bought and sold and prices only go forward.
I just finished buying a home for a friend who lives in the States and the process is actually very simple. Be prepared for homeowners to increase their prices or they do not want to pay taxes ... but if you are willing to buy and are willing to put down a deposit, the process is fairly easy.
How I spent my time in Fes, there are many agents (simsars) that can help you find a property. A relatively new option is owned by Edf , this is an agency with headquarters in the Batha, Fes managed by some Americans to be very professional. Have pictures of most of their houses, which can quickly display in their Office. This reduces the time spent watching property that you're not interested in.
If you visit once Fes, you will fall in love with the beautiful city.
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