Guesthouse for Sale in Downtown Tangier

PRESENTATION PENSION

Technical Sheet

- Land area: 246 m2

- 22 rooms with bathroom (street view and interior view) +
2 apartments with 2 bedrooms with bathroom and kitchen (ideal for families with children)

Reception: 2 lounges – guest wc, kitchen

Patio: small green space

Sale of business assets + buildings (and possibility to sell only the title deed: the buildings)

Strengths:

Proximity to downtown and the marina (beach) and tourist area: 5 minutes on foot
The calm: as it is located in a small alley (cul-de-sac): very quiet and very little traffic.
Oldness (as it has existed since 1980).
Loyal clientele
Possibility to transform it into a 3-star hotel or a residential building (studios) for students or executives
Possibility to add an elevator

Weaknesses:

Old building (needs to be updated): renovation work required:

(Sanitary, electricity (for air conditioning) flooring, equipment, bedding, installation of an elevator, etc...

Sale price: 13,000,000 dhs

Agency fees: 3% of the sale price