DIRECT OWNER - SMALL CHARMING RIAD (DOUIRIA) TO RENOVATE - HISTORICAL HEART OF MARRAKECH MEDINA
Nestled in the vibrant heart of the medina, where every alley tells a story and the tourist bustle never stops.
Riad (Douiria) to renovate - TITLED - PREMIUM location
Located in the highly sought-after tourist circuit of the Medersa Ben Youssef, this rare property is an ideal opportunity for a highly profitable Airbnb project.
Key assets:
* 41 m² on the ground, developing approximately 105 m² of living space
* LARGE façade which is rare for a property of this size
* possibility to create 2 bedrooms with 2 bathrooms,
a terrace with a small pool for a high-end client experience.
The riad is located in front of a guest house and 50 meters from a SPA, in a premium tourist environment.
EXCEPTIONAL LOCATION
1 minute from the Almoravides square
Museums, rooftops, restaurants and souks at the foot of the riad
Tourist circuit just 10 meters away: you are literally at the heart of the action.
Jemaa El Fna is 8 minutes on foot as mentioned on the sign a few meters from the riad.
*a real plus for travelers*
Project & potential
Project plan available in MP
Total investment amount with works between 2.3 and 2.5M DH depending on the standard of the works.
Exceptional seasonal profitability
150 to 250 per night, depending on the season
Very high occupancy rate thanks to the location
Direct sale price from the owner: 1,450,000 DHS TITLED
Morgan
Type of property
Riad
Plot surface
41 m²
Condition
To renovate
Age
20-30 years old
Terrace
Pool