Reference RR296
I can’t think of any other Marrakech real estate opportunity to match this currently on the medina property market.
This incredibly hip and funky renovated riad is out there in a league of its own. It pulls in as a business in excess of 450,000 € p.a.
No other medina maison d’hotes can match it. And I mean none. I can’t think of any – ever – doing this – of a comparable size.
It is a design riad restored over ten years ago by its delightful British owners and was converted into an uber successful hotel, restaurant and spa.
The riad is in fact a landmark hotel in the medina – situated in the ultimate prime location – right next to La Place Jemaa el Fna – on one of the main tourist routes.
It is unusually not just a hotel business – with exceptional high end clientele, but it is also an internationally renowned and slick gastronomic restaurant – knocking out three covers a night with a massive volume.
Trust me. This restaurant is pretty serious – and for years it has enviably retained all the top spots on main booking websites.
It is worth noting that the riad itself is centred upon its client service – the absolute very best – and luxury – and offering its discerning clients the most indulgent stay – which is one of its main differentiators.
The riad is currently divided into the restaurant space – with its private rooms and cubicles – spread around the funky ground floor – the suites and spa up on the first floor – then the bar and lounges on the terracing.
At present the riad boasts on the ground floor a reception, fully commercial kitchens, a pantry, a service entrance, a patio with a bhou, a pool and decorative fountain, and the dining rooms and cubicles and lounges. On the first floor is the managers apartment, the spa, the laundry facilities, a staff changing room, and five suites. Then on the roof terrace is a bar and open lounges and chill out spacing.
Further details upon request from Chic Marrakech – the exclusive medina property agents.
The price has been slashed from 1.2m to a mere 850,000 €.
