Sale price: 20,000,000 DH (approximately 1,850,000) Agency fees: 3%
Located in the heart of the highly sought after Mers Sultan neighborhood in Casablanca, Tarablus street, in immediate proximity to the old Mission, this fully renovated building represents a rare opportunity for investors looking for a turnkey rental asset offering an excellent return.
The building benefits from a strategic location in a lively, commercial sector that is well-serviced, particularly sought after for residential, professional, and para-hotel rentals.
Main features:
• Fully renovated R5 building • Commercial space on the ground floor of 131 m² • Usable basement according to the planned activity • 5 floors of 145 m² each • Total developed area of approximately 856 m² excluding the basement's exploitation potential • Fully furnished building • Very beautiful façade and excellent standing • 5 distinct land titles (one title per floor)
Current configuration:
• 15 units in total • 13 F2 type apartments • 2 F1 type apartments • Fully equipped and ready for exploitation
Rental income:
• Current rental income: 110,000 DH/month excluding commercial space • Strong potential for revenue optimization after repositioning or exploitation as a hotel residence • Possibility to enhance the commercial space and basement to significantly increase profitability
Investment advantages:
• Premium location in the city center • Fully renovated product with no work needed • Immediate income • Strong rental demand in the sector • Suitable for long-term rentals, short-term rentals, hotel residences, or high-end co-living • A rare heritage asset in one of the most sought-after neighborhoods in Casablanca
Conditions for renting the entire building:
• Monthly rent: 150,000 DH • 2 months deposit • 2 months in advance • 1 month agency fee
A rare product in the Casablanca market.
Complete file, plans, technical documents, and additional information available upon request.
Visits exclusively by appointment and on a qualified profile.
Type of property
Apartment
Condition
Good condition / livable
Age
5-10 years old
Floor number
5th
Orientation
South
Flooring
Marble
Garage
Elevator
Concierge
Furnished