- 350 000€
Description
Titled Riad for Sale – Medina of Marrakech – Prestigious Neighborhood*
*165 m² of living space – 120 m² of floor space – 5 possible suites*
*An exceptional riad, maintained like a family home*
This titled riad, measuring 165 m² (120 m² floor area), is ideally located 350 m from Place des Ferblantiers, in one of the Medina's most prestigious and secure neighborhoods. It offers direct car access to the riad, with parking available in the tree-lined square and easy access for taxis to safely drop off guests.
*Composition & Potential*
– Currently 5 bedrooms in good condition.
– *Possibility of creating 5 lovely suites* with beautiful bathrooms to be planned.
– *Huge patio* as the centerpiece, with spacious walkways allowing for the installation of a beautiful swimming pool, a living area and the extension of the bedrooms into high-end suites.
– *Terrace* offering the potential to create a hammam, a kitchenette and a rooftop with solarium, sheltered from view.
– *Beautiful fully equipped kitchen tower* already in place.
*State & Works Budget*
The riad is in exceptional condition and well maintained.
– Estimated budget for the redevelopment of spaces and technical equipment: €95,000
– Estimated budget for furniture and decoration: €35,000
*Location*
Located near the Palace, with no restrictions on the use of the terrace. A calm, tree-lined environment, reflecting all the authenticity and charm of Marrakech.
*Opportunity*
A rare gem in the Medina that will appeal to connoisseurs and investors looking for an authentic riad with strong potential as a high-end guesthouse.
GUARANTEE OF OBTAINING THE GUEST HOUSE LICENSE
POTENTIAL SALE PRICE FOR A ROOM IN THIS NEIGHBORHOOD: 150 TO 250 euros per room
POTENTIAL ANNUAL TURNOVER: MINIMUM 280,000 EUROS PER YEAR
*Price: €350,000*
Agency fees not included: 3% incl. VAT
A must-see.
Contact: 00 212 661 157 620 mail: [email protected]
Details
Address
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City: Marrakech
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Sector: Medina
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Country: Morocco



















