FOR SALE – Riad to Renovate with High Potential

Strategic location, great potential – Guesthouse or rental project in the heart of the medina Just a five-minute walk from the famous Jemaa El Fna square, this riad located in the authentic Kennaria neighborhood offers a privileged location in the heart of the medina. With a floor area of 166 m², this riad presents a beautiful potential. It currently has four bedrooms, but its configuration allows for up to eight to be created. The property requires a complete renovation, leaving room for imagination to create a functional and charming space. The ground floor is organized around a 42 m² bright patio. It consists of an entrance hall with toilets, two living rooms (one of which can be converted into a bedroom), a kitchen, a bedroom with bathroom, and additional toilets. On the first floor, three large bedrooms offer numerous possibilities for renovation. This space can be easily rethought to accommodate several comfortable suites, each with a private bathroom, which corresponds perfectly to the standards of a high-quality tourist project. On the roof, a large terrace offers a remarkable potential for renovation. Lounge space, solarium, pergola, or pool: everything is imaginable to create a true outdoor living space with a clear view of the medina's rooftops. This riad is currently in the process of being titled. Its location, rare surface area, and potential for transformation make it a real opportunity for project holders or investors looking for a characterful property in the historic center of Marrakech. Listed at 3,650,000 dirhams - Exchange rate of the day 23.08.2025: 10.6592 - Equivalent: 342,428 For any information or to schedule a visit, please contact us.