This is an utterly unique medina real estate opportunity in Marrakech.
Medina properties or sites of this size are incredibly rare nowadays in the old city – so it has real value on the Marrakech property market – as there is nothing else really available this large.
It is a vast authentic riad with an interesting history – built at the turn of the last century for a renowned local Caid and was then passed to a powerful French family of the Protectorate.
The 1,400m2 titled property currently consists of a triple entrance to the house – then the principal courtyard and a fat rear garden. However interestingly, there is also another 200m2 available to buy adjoining the property that belongs to an old functioning hammam.
For anyone interested there are plans available of the site, and also plans of a prospective 26 bedroom hotel – recently planned on it as a redevelopment.
Currently the houses boasts nineteen rooms, but any prospective buyer would no doubt either change the existing house and / or add rooms onto it.
The riad is central and has car parking and car access right outside – and there is even the potential for the creation of garaging.
Other points of note are some of the original Zouaki ceiling and the antique doors.
The asking price is 1,377,000 €.