120m² Riad to Renovate – Ideal for Investment or Private Residence
A rare property offering high rental potential, but also a great base for a customized living space.
This 120m² riad is located in a prime tourist area with easy access, making it an excellent opportunity for investors looking to develop a high-end rental project.
However, if you are searching for an authentic home in the Medina, this riad can also be renovated to match your personal tastes and needs. We guide you through the transformation process to create a unique and functional residence while preserving its historic charm.
Property Features
Ground floor: Entrance, patio, large room, additional room, kitchen, WC
First floor: Two large rooms, additional room, walkway
Second floor: Spacious terrace ready for development into a solarium and summer kitchen
With an optimized layout, this riad can accommodate up to 5 suites with private bathrooms, making it ideal for a high-yield rental property or a spacious and elegant private home.
A Profitable Investment with Strong Potential
This project has been carefully analyzed, with a predefined renovation budget, ensuring cost control and reliable profitability projections.
Financial data after adjustment:
Purchase price (all fees included): 200,500
Renovation budget (all fees included): 137,000
Total project cost (all fees included): 337,500
Number of suites after renovation: 5 suites with private bathrooms
Estimated gross rental yield: 27%
Estimated resale value after renovation: 540,000
Our projections are based on a conservative analysis of the growing Medina real estate market.
Why Choose Mediina?
Whether you want to invest or settle in the Medina, Mediina is the perfect partner to secure and optimize your project.
Tailored property search based on your project goals
Renovation adapted for investment or personal use
Full legal and administrative support
Turnkey rental management for investors
Have questions? Contact us today for a personalized analysis and private visit.
Discover our past projects and expertise at: www.mediina.com
Type of property
Riad
Plot surface
120 m²
Condition
Due for reform
Age
10-20 years old
Flooring
Tiled
Number of floors
2
Terrace