Entirely Renovated Apartment Building for Sale – Mers Sultan – Casablanca

Sale Price: 20,000,000 MAD (approximately €1,850,000) Agency Fees: 3% Located in the highly sought-after Mers Sultan neighborhood in Casablanca, on Tarablus Street, near the old Mission, this entirely renovated apartment building offers a rare opportunity for investors seeking a turnkey rental property with excellent potential for returns. The building benefits from a strategic location in a lively, commercial, and well-served sector, particularly sought after for residential, commercial, and hotel rentals. Key Features: • Entirely renovated R5 building • Commercial space on the ground floor of 131 m² • Exploitable basement according to the envisioned activity • 5 floors of 145 m² each • Total developed surface area of approximately 856 m² excluding potential exploitation of the basement • Fully furnished building • Beautiful facade and excellent standing • 5 distinct property titles (one per floor) Current Status: • Total 15 units • 13 F2 apartments • 2 F1 apartments • Fully equipped and ready for exploitation Rental Income Benefits: • Current rental income: 110,000 MAD/month (excluding commercial space) • Strong potential for rentabilization after repositioning or exploitation as a hotel residence • Possibility of valorizing the commercial space and basement to significantly increase profitability Investment Advantages: • Prime location in the city center • Fully renovated product with no future work required • Immediate income • Strong local demand • Suitable for long-term, short-term rentals, hotel residence, or coliving • Rare patrimonial asset in one of Casablanca's most sought-after neighborhoods Whole building rental conditions: • Monthly rent: 150,000 MAD • 2 months' deposit • 2 months' advance • 1 month's agency fees Uncommon article on the Casablanca market. Complete file, plans, technical documents, and additional information available upon request. Visits only by appointment and for qualified profiles.