Reference RR113

This is a super successful riad owned by the most lovely French couple.

They have spent five years building up the business of this sympathetic and elegant Medina hotel, and now want to sell in order to expand in Marrakech with a larger project.

Year on year the hotel pulls in an enviable turnover of 80,000 € and it has the potential to earn more – as the owners live on site in an apartment – and when they sell, extra revenue can be obtained from renting out their spacious apartment.

The reasons for its success are many; – including its prime location right next to the Square, its top value pricing, its charming design, its design detailing and, for example, its slick management.

The riad is very spacious and constructed over four floors – with a really well laid out and intelligent configuration.

There is a wealth of communal spacing – and there are full on spa facilities too.

It is worth noting that the guest house has its licensing and full authorisation.

At present the riad benefits from on the ground floor a nice reception, a large storage room, a patio with communal dining and a decorative wall fountain, an open salon, a fully fitted kitchen, a self-contained guardian room, a hammam and a enclosed heated pool. On the first floor is an apartment with a private lounge, a three sided balcony and two further bedrooms with ensuite bathrooms. On the second floor is a three sided balcony, a seating alcove, two further bedrooms, a service kitchen, a laundry room and a second dining area. Finally on the fourth floor is the solarium space, additional dining and chill out pergola space.

The price is 350,000 €.