Cosy Guesthouse Riad For Sale Marrakech Medina. Freehold title. Full authorisations. 115m2 footprint. 5 en suite bedrooms. Patio courtyard with plunge pool. Sunny terrace with pergola, shower and kitchenette. All in excellent condition and ready to go. Good location at the entrance to Bab Taghzout, just 50m from a taxi rank and 70m from the incredible Zaouia Sidi Belabess. This is a brilliant investment with an asking price of only 270’000 euros (£230’000 U$325’000). If you’re looking to hit the ground running in this fabulous destination, this key in hand Riad could be the one for you. Call me now on +212658025028 or mail [email protected] and I will arrange a viewing for you. Don’t hesitate!
Take this short video tour of the Cosy Guesthouse Riad For Sale Marrakech:
Bab Taghzout is one of the most under rated areas of the Medina. It is accessible and it has the stunning Zaouia … surely the next big attraction in Marrakech. Following the recent renovation of the area, I expect it to do really well. And this little Guesthouse Riad is ideally located, close to the taxi ranks and the attractions. Just 15 minutes stroll from Jemaa El Fna.
The entrance leads you past reception and into the charming courtyard with it’s little pool in Tadelakt. Set off the courtyard is the sitting room, the kitchen, the hammam and the first en suite bedroom.
The first floor has three further en suite bedrooms, set around an elegant coursive with mauresque columns. The space is bright and comfortable.
On the terrace you will find the fifth en suite bedroom, a shower and a lovely pergola … as well as loads of space for working on that tan.
Revenues are excellent from this Riad. The current owner prefers to rent out the whole property exclusively and gets a return between of between 150 and 700 euros per night, depending on the number of guests and the season.
This is a key-in-hand investment opportunity in Marrakech. It’s ready to go. Call me now on +212658025028 or mail [email protected] and I will arrange a viewing for you. This could be your start here in Marrakech!
- Air Conditioning
- Licenced Guesthouse
- Patio Courtyard