Reference RR197

This is a beautiful and refined boutique hotel – situated in an absolute prime medina location next to the Bahia Palace.

It is a 250m2 luxury riad – that is newly built and was designed by its charming French owner – who is a well respected local architect.

The riad and its interiors are sumptuously designed and elegantly finished to the highest standards.

In total there are eight suites and bedrooms.

There is total functionality to the design – with wonderfully spacious and voluminous rooms – with utterly luxuriant en-suite bathrooms to compliment the bedroom spaces.

The overall aesthetic is very very easy on the eye – as can be seen from the photographs – and sympathetically marries both modern and traditional Moroccan architectural styles.

It is worth noting that the business is being sold as an ongoing concern.

It currently benefits from an occupancy rate of 80% and there is a management contract in place that provides a monthly income of 5,000 €.

At present the riad benefits from on the ground floor a full size entrance hall / reception, a colonnaded patio with a pool, a salon, a dining room, two suites, storage and a communal w/c. On the first floor are three suites, three bedrooms, a salon and a laundry room. Then on the terrace is full dining facilities, an open lounge, a bar, a jacuzzi and a solarium.

It is worth noting that there is car parking in the immediate vicinity of the hotel.

The price is 850000 €.