Reference RR132
This has to be one of the best deals I have ever come across on the marrakech property market.
It is a brilliantly successful six bedroom licensed 126m2 guest house right next to the square – in a prime Medina location.
The hotel has built up an enviable track record over the years and interestingly, has a very strong Internet presence.
It boasts a seventy percent plus occupancy – with fourteen beds – and it also benefits from supplementary income with its hammam and massage room – as well as food and beverage and other add-ons.
The property is new and was entirely rebuilt by its charming owner – an architect – who designed it in the most clever way.
He has managed to maximise the space brilliantly.
It is being sold for personal reasons.
At present the riad boasts on the ground floor an entrance hall, an office space, a fully equipped kitchen, a patio with seating and a fabulous pool, storage and a communal w/c, a massage room, a hammam and a dressing room, and two bedrooms with en-suite bathrooms. On the first floor is a three sided balcony with an open lounge, three bedrooms and a fourth bedroom with a mezzanine and an extra bed. Then on the roof terrace is a laundry area and dining and sunbathing areas.
The asking price is 265,000 €.
