Reference RR188

This renovated riad is an absolutely lovely 230m2 medina Maison d’Hotes that Chic Marrakech have just taken on as exclusive medina property agents.

It is an established hotel that has traded successfully for quite some time and it currently pulls in circa 120,000 € p.a.

It therefore is a very respectable business with a proven track record.

The property is enviably situated in a prime touristic location – right in the heart of LaKsour – in close proximity to La Place.

It currently is a five bedroom hotel set around a spacious and lofty patio – in a charming old school Moroccan style.

The riad is built with excellent volumes and boasts some fine original detailing; – from the wooden awnings and antique doors, to the vintage cement tiling – and sculpted plaster ceilings.

Overall there is a wonderful oriental aesthetic and hint of exoticism with lush banana tree filled patio.

At present the riad benefits from on the ground floor an entrance hall, a colonnaded patio with a heated pool / jacuzzi and dining space, a salon / office, a Moroccan lounge, a kitchen, a utility room, a guardian room and a guest bedroom. On the first floor is a four sided balcony, a laundry room, two bedrooms and two suites. Then on the roof terrace is a solarium, a pergola, a storeroom and a summer kitchen / bar.

It is worth noting that the terrace boasts fine panoramic views.

The price has been reduced to just 400,000 €.