Riad To Renovate For Sale Marrakech. In the excellent Riad Laarous quarter of the Medina. Right behind the Sidi Bouamar Park. 150m2 footprint. Needs a total renovation – or could be demolished and rebuilt. Excellent neighbours and a safe, quiet street. Taxi rank only 150m from the door. At only 155’000 Euros (£140’000 U$180’000) this is good value. Land costs at least 1’000 euros/m2 in this accessible and sought after location. Call me now on +212658025028 or mail [email protected] and I will arrange a viewing. Thank you!
At the end of a quiet street just behind the Park in Riad Laarous, you will find this old Riad To Renovate For Sale Marrakech Medina. It’s not in great condition and would require a total renovation if kept in it’s current configuration. With a footprint of just over 150m2, and being sold for basically just the price of the land it is on, it might be more practicable to demolish the existing structure and rebuild.
There is enough space to develop a lovely family home or even a Riad Guesthouse with 5 or 6 en suite bedrooms. For this you would need to budget approximately 100’000 euros. So for your all-in price of maybe just E250’000 you could have a brand new Riad, built to your design and specifications, in a fabulous part of Marrakech Medina! That’s a very good investment proposition.
As it stands, the Riad has 3 bedrooms and a kitchen set around the patio courtyard on the ground floor. The layout is exactly replicated on the first floor.
The terraces are only currently accessible through a little trap door at the top of a ladder. It is a local reality that Moroccan families don’t use their terraces as we do.
So if you have a project that is looking for an excellent location in the Medina and at a great price, this could be the one for you. Call me on +212658025028 or mail [email protected] and I will arrange a viewing for you. I look forward to hearing from you!
- Easy Access
- Great Location
- Patio Courtyard