Reference RR177
This is a fantastically successful 220m2 medina Maison d’hotes.
It has traded since 2003 and it is undoubtedly one of the best businesses for its size in old marrakech.
Year on year it pulls in on average 130/135,000 € and it boasts an enviable Internet presence.
It offers an interesting mix of accommodation – with a total of seven bedrooms – along with a wealth of communal spacing and an ever popular in house restaurant.
The property is situated in one of the oldest parts of Marrakech, and it is super old itself – oozing character and charm.
Additionally the riad boasts a real sense of design flair – as can be seen from the photographs – and its architecture is top draw.
In my opinion its courtyard – with its colonnaded facades, towering palm trees and bold green zellij tiling – is one of the prettiest I know.
It is worth noting that there is a traditional hammam on the roof that is not currently in use. This could be restored – in order to provide the hotel with a spa / hammam / massage room – which would generate additional revenue, or it could be converted into an extra bedroom.
At present the riad boasts on the ground floor an entrance hall, a mezzanine room for the night guardian, a proper kitchen, an office, a storeroom / laundry room, a lavatory, a massive lounge, a bedroom, a patio with dining facilities and an open salon. On the first floor is another open salon / lounge and two suites and three bedrooms. Then on the roof terrace is a suite, a storage room, a double hammam, a pool, a solarium and dining space.
The house is being sold furnished and the business is being sold as an ongoing concern.
The price is 430,000 €.
