For Sale – Renovated Riad in the Heart of Medina
MAD 4,150,000
MAD 44,624 / sqm
Information
- Property type
- House
- Living surface
- 93 sqm
- Rooms
- 4
- Bedrooms
- 3 bd
- Bathrooms
- 3
- Condition
- Good condition
- Standing
- High-end
- Availability
- Immediate
About this property
This 93 m² riad, located in Derb Dabachi, one of the most sought-after neighborhoods in the medina, combines traditional charm with modern comfort.
Key features :
• The riad was fully renovated in 2022
• Ground floor area: 93 m²
• Three elegant bedrooms, each with an en-suite bathroom
• A patio pool, ideal for cooling off
• A living room, a fully equipped kitchen, and convivial spaces
• A rooftop terrace with unobstructed views
Advantage for investment :
Currently operated with an excellent occupancy rate. The nightly rate generates an estimated annual revenue of €57,000.
Prime location :
Just a stone's throw from the famous Jemaa el-Fna square and souks, this riad benefits from an ideal location for a tourist clientele.
Sales price: €390,000 (4.1 million dirhams)
A rare property, ready for immediate operation and offering a beautiful return on investment in one of the world's most touristy cities.
Ref: R044
Amenities
- Terrace
- Pool
- Equipped kitchen