MarocImmo

Hidden Gem to Renovate in Bab Doukkala

For saleRmila · MarrakeshMay 9

MAD 1,700,000

MAD 12,593 / sqm

Information

Property type
House
Living surface
135 sqm
Rooms
5
Bedrooms
3 bd
Bathrooms
3
Condition
To renovate
Land
78 sqm
Ref.
MI-W4JECS

About this property

Mediina offers an attractive investment opportunity on a riad located in a sought-after area of Bab Doukkala, a sought-after sector of the Marrakech medina, appreciated for its easy access, charm, and rental potential. The property measures approximately 78 m² on the ground and presents an excellent potential for valorization, with a healthy structure and a volume adapted to create an intimate and elegant riad. The configuration allows for the creation of 3 comfortable suites, perfectly adapted to a short-term rental project in private ownership. The riad can become an attractive product: easy to manage, beautiful, consistent in budget, and positioned on a very sought-after segment in Marrakech. The legal dossier is also a strong point: clear melkia, with a single identified heir, subject to final validation by competent professionals. The project's objective is simple: buy a raw riad, renovate it, furnish it, decorate it, and then exploit it through short-term rental or resell after valorization. Key estimated figures: Purchase price: 1,700,000 MAD Global estimated operation budget: 295,000 euros Work, furniture, and decoration costs: 101,000 euros Notary fees, titling, architect, BET, and accompaniment included Total estimated duration: 12 months Resale scenario - real estate promoter activity Targeted post-renovation value: 491,000 euros Expected net profit before tax: 196,000 euros Short-term rental scenario Expected annual rental income: 55,000 euros Estimated net return before tax: 13.98% Mediina accompanies the investor throughout the project: Property choice and evaluation Legal and administrative controls Titularization and protection of the file Project development Work costing Work follow-up Furniture and decoration Short-term rental or resale strategy This opportunity is aimed at an investor looking for an affordable riad, well-placed, with little heavy work, and a real potential for creating value in the Marrakech medina. Financial information is a forecast and must be validated after approval of the property's technical, legal, and administrative approval. Contact us on WhatsApp to receive the complete project file, photos, detailed budget, and profitability analysis. Mediina Turnkey real estate investment in Marrakech Search · Renovation · Decoration · Valorization · Management Website: mediina.com

Amenities

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