Description

Titled
830 M²

In a pronounced art deco style with sublime finishes for one, and more traditional for the other two, these Riads mix eras according to the patios.
The properties are managed like a real hotel complex, with a wide rental price range, ranging from 80€/night to 320€/night, occupancy rate well above the average, ideal for developing additional activity, including a Spa area and a 24-hour catering service.
Namely, that there is the possibility of operating 19 additional rooms, already under rental management contract, bringing the number of rooms used to 42 rooms.

Return on investment in 4 years

Declines as follows:
2 patios
1 refreshment basin
1 double living room with fireplace joining the two patios
4 luxury double rooms
7 double or triple suites
2 apartments for 4 to 5 people
1 restaurant
1 bar
1 hammam supplemented by two massage rooms
1 computer space
1 large terrace with dedicated areas: solarium, restaurant.
Reversible air conditioning in all rooms

contemporary space:

2 patios
1 restaurant and 2 bar areas
1 heated swimming pool
5 large bedrooms
3 junior suites
1 family suite
1 suite with private terrace
1 large terrace and its dedicated spaces
1 hammam and massage room
-Reversible air conditioning in all rooms
-Underfloor heating

Rare opportunity to acquire 23 rooms in full ownership and the possibility of taking over 19 additional rooms in management, allowing an acquisition financed by a hotel complex of 42 rooms.

Business opportunity.

Details

Bedrooms
23
Bathrooms
25
Property size
1450 m²
the field's surface
830 m²
Updated on February 10, 2022 at 10:42 a.m.

Address

  • City Marrakech
  • Sector Medina
  • Country Morocco

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Michel chauvat
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