This has to be the most exciting real estate investment opportunity on the Marrakech property market for a landmark hotel site to redevelop in the absolute very best possible location in Gueliz in the heart of Marrakech.
It is an unbeatable hotel site – with an unbeatable price.
It is comprised of seven floors – and just brilliantly located with a massive plot of 3,476m2 – prominently positioned right by Avenue Mohamed V – with two lengthy street facades.
It was originally built in 1987. And reworked in 1999.
It currently boasts two basement levels including underground parking of 55 cars, a disco with a capacity of 120 people, a bar for 50 people, a restaurant for 120 people, an equipped kitchen, a pool / garden, and 2 offices, a ground floor with whole parade of shops, and a bar and restaurant, and a cafe and function facilities – along with five upper floors with 239 bedrooms and 5 suites.
Full details upon request from the exclusive Marrakech property agents Chic Marrakech.