Superb Titled Riad to Renovate with Strong Potential

Promo Immo Marrakech is pleased to present a rare investment opportunity full of potential in the heart of the medina: a superb titled Riad for sale, ideally located in the authentic and sought-after neighborhood of Assouel. This character property, in good overall condition, has a ground area of 110 m² and offers magnificent volumes allowing for the imagination of a high-end renovation project combining traditional charm and modern comfort. The Riad currently consists of 8 bedrooms, 2 lounges, 2 bathrooms as well as 2 kitchens, offering an ideal configuration for creating a charming guesthouse, a seasonal rental riad, or even an exceptional private residence. The original Moroccan architecture has retained all its authenticity with numerous traditional elements and artisanal details that give this property a unique cachet. The Riad also offers the possibility to reopen a patio that existed in the original architecture of the property, thus allowing to regain the authentic spirit of traditional Marrakech riads, with more natural light, ventilation, and a warm and elegant atmosphere. It is also possible to raise the skylight to arrange a magnificent rooftop offering an unobstructed panoramic view of the rooftops of the old medina of Marrakech. The location is a true asset, with car access just 10 minutes from the famous Place Jemaa el-Fna, the emblematic and lively heart of the ocher city. Nestled in a calm and authentic environment, this Riad allows you to fully enjoy the unique atmosphere of the medina, with its picturesque alleys, souks, and exceptional cultural heritage, all while benefiting from a peaceful and intimate setting. Once renovated, this property will become a true oasis of serenity and refinement, ideal for welcoming travelers in search of authenticity or for lovers of Marrakech wishing to create their own haven of peace. Thanks to its strategic location, its hosting capacity, and its strong architectural potential, this Riad represents an excellent investment opportunity with a high potential return in tourist rentals on platforms such as Airbnb or Booking. Don’t miss this unique opportunity to acquire a character property in the heart of Marrakech and bring to life an exceptional project in one of Morocco’s most sought-after destinations. Contact us today for more information or to arrange a private visit to this remarkably potential Riad.
Sale price: 3200000 dhs
Agency reference: RVV-113