Charming Riad in the Heart of Marrakech Medina

An authentic Riad in Marrakech, located in the sought-after Riad Laarouss neighborhood, offers a unique opportunity to acquire a charming and attractive real estate property for investors. Close to souks, Jemaa El Fna square, and iconic monuments, this Riad presents a significant investment potential and excellent location. Real Estate with Significant Tourist Potential This traditional Riad features 8 spacious rooms, including 7 suites with private bathrooms, and benefits from an official authorization as a Classified Guest House (2nd category). Currently in operation, it has already demonstrated good performance on reservation platforms, such as Booking, with positive and regular customer reviews. Although functional, this Riad requires renovation and modernization to increase its appeal to an international clientele and optimize its rental yield. A modernization will not only increase its revenue but also its patrimonial value. Essential Attributes : • Cadastral area of 97 m² • Developed surface area on multiple levels with a rooftop offering a panoramic view • 8 rooms, including 7 suites equipped with individual bathrooms • Classified and authorized Guest House • Strategic location in the Marrakech Medina • Immediate proximity to a public parking lot Advantages for Investors : • The Riad is immediately exploitable with a solid history of reservations • Potential for increased profitability after renovation (comfort, additional services) • A highly attractive tourist area with sustained demand • An opportunity for diversifying revenue, particularly through catering, private events, and local experiences • Enhanced accessibility due to proximity to a public parking lot Required Amount : 660,000 A charming Riad for sale in Marrakech, rare on the market, combining authenticity, excellent location, and significant potential for valuation. An ideal address for a profitable hotel project or real estate investment in Morocco. Ref : R041