Riad to renovate at Riad Zitoun Jedid – Turnkey project by Mediina
Mediina offers a great investment opportunity in a riad located at Riad Zitoun Jedid, about a 9-minute walk from Jemaa el-Fna square, in a highly sought-after area of the Marrakech medina.
The property develops approximately 119 m² on the ground and presents a strong appreciation potential after complete renovation. Its configuration allows for the creation of 4 beautiful bedrooms, with great volumes and a very healthy central patio, ideal for designing a bright, pleasant riad perfectly suited for short-term rental.
The project’s objective is simple: buy a raw riad, renovate it, furnish it, decorate it, and then operate it for short-term rental or resell it after appreciation.
Key forecast numbers:
Acquisition price: 2,400,000 MAD
Global estimated budget of the operation: 432,500
Work, furniture, and decoration: 158,000
Notary fees, title, architect, BET, and support included
Total estimated duration: 13 months
Resale assumption — real estate trading operation
Target value after renovation: 702,000
Projected net margin before tax: 270,000
Short-term rental assumption
Estimated annual rental income: 110,000
Estimated net yield before tax: 19.08%
Mediina supports the investor throughout the project:
Selection and analysis of the property
Legal and administrative checks
Documentation and securing the file
Project design
Cost estimation
Site supervision
Furnishing and decoration
Short-term rental or resale strategy
This opportunity is for an investor wanting to access the riads market in Marrakech with organized, transparent, and turnkey local support.
The financial data is projected and must be confirmed after technical, legal, and administrative validation of the property.
Contact us on WhatsApp to receive the complete project sheet, photos, detailed budget, and profitability analysis.
Mediina
Turnkey real estate investment in Marrakech
Searching · Renovation · Decoration · Valuation · Management
Website: mediina.com
Type of property
Riad
Plot surface
119 m²
Condition
To renovate
Number of floors
2