Reference RR375
This superb medina property is just recently up for sale on the Marrakech real estate market.
It is a spacious and well configured 281m2 renovated riad that is spread between two patios.
It is certainly one of the stand outs deals for its size in current time.
The hotel is long established – with a good reputation – and boasts ten bedrooms – with a capacity of twenty five. It also offers plenty of communal spacing as well as a pool, spa and a hammam.
The price is super sharp and has recently been dropped to 600,000 €.
One of the most noteworthy points to the property is its absolute prime location.
It is brilliantly located right next to the main square – La Place Jemaa el Fna – with unrivalled car access and car parking.
In my opinion – this would be an excellent investment to buy, refurb and really push as a high end boutique hotel.
At present the riad boasts on the ground floor an entrance hall, an office, a double salon, a patio with a pool and wall fountain, a saving patio with an open lounge, a bedroom, a laundry room and a large salon with a dining room. On the first floor are five suites and two bedrooms. Then on the roof terrace is another suite, two salons, two solariums, a dining area and a second laundry room.
It is worth noting that from the roof terrace there are fabulous views of Dar Bacha palace.
Further details upon request from the exclusive Marrakech property agents Chic Marrakech.
