For sale rare investment opportunity in the medina of Tangier with high rental yield estimated between 10 and 15% per year.
Beautiful riad fully renovated and titled which is located in a quiet street of the medina, close to the continental hotel; this property is divided into three independent studios which makes it very interesting as a short-term rental investment like RBNB.
This real estate located on a 62 m² plot is modern with some traditional touches.
It is distributed as follows:
Apartment 1 on the ground floor consists of an entrance, kitchen, living room, two bedrooms with closet and a bathroom with toilet, sink and Italian shower.
Apartment 2 on the first floor with stairs which consists of an entrance door leading to a large living room with American kitchen, a bedroom with closet and a bathroom with toilet, sink and Italian shower.
Apartment 3 on the second floor with stairs leading to an entrance door consisting of a large living room, a small room, a kitchen, a bedroom and a bathroom with toilet, sink and Italian shower.
Access by stairs to a private terrace with summer kitchen, 2 small terraces with sea view.
Other information:
Air conditioning in each living room
Close to all amenities
Easy access
Price: 3,990,000 MAD 3% agency fees
Reference: 698VM
Type of property
Riad
Plot surface
62 m²
Condition
Never occupied / renovated
Age
30-50 years old
Orientation
South
Flooring
Tiled
Number of floors
2
Terrace
Air conditioning