Superb Historical Riad For Sale In Marrakech
MAD 5,900,000
MAD 59,000 / sqm
Information
- Property type
- House
- Living surface
- 100 sqm
- Rooms
- 5
- Bedrooms
- 4 bd
- Bathrooms
- 2
- Condition
- Good condition
- Standing
- Standard
- Living rooms
- 2
About this property
Located in a quiet street in the Kaat Ben Hiad neighborhood, close to Riad Star, Foundouk, Moroccan Elegance Museum, Café des Contes and many other points of interest, this historical riad offers an unbeatable view of the Medina and the Atlas mountains. It is just 4 minutes walk from the Ben Youssef Madrassa and the large souks. Acquired in 2001, this property is being sold by its owners, who are forced by family commitments. With a 100m2 footprint, it offers 200m2 of habitable space. It includes 4 bedrooms, 2 bathrooms, 2 living rooms and a terrace offering a panoramic view of Koutuobia, Jemaa El Fna, Ben Youssef and Dar El Bacha. For a price of 595,000 euros, this riad could become your secondary residence in an ideal location in the Medina. Additionally, it could easily generate 10% net yield per year through short-term rental platforms. Don't miss this opportunity.