116 sqm Riad to Renovate in Kasbah – Turnkey Project with 4 Suites & High Profitability

116m² Riad to Renovate in Kasbah – Turnkey Project with 4 Suites & High Profitability

Before we begin, a quick note!
This listing is primarily designed for investors looking for high returns. However, if you are passionate about the Medina and dream of owning a riad for personal use, we are here to help you create a fully customized project that matches your vision.
Our renovations can be entirely tailor-made, offering you a flexible and personalized approach.

Location: Situated in the easily accessible Kasbah district, this 116 sqm riad is the perfect foundation for a turnkey investment or residential project.

Property Features:
Ground floor: Entrance, patio, large room, additional room, kitchen, WC, and a modular space that can be converted into a garden or an additional room
First floor: Large room, walkway, undeveloped space allowing for full customization
Second floor: Terrace to be built, perfect for a solarium, with the possibility of adding a summer kitchen
A full renovation project – A unique opportunity to optimize space and profitability.

Profitability & Valuation – A Well-Planned and Secure Investment
This project has been carefully analyzed with a pre-established renovation budget, ensuring a fully prepared and calculated investment.

Financial details:
Purchase price (all fees included): 176,000
Renovation budget (all fees included): 139,200
Total project cost (all fees included): 315,200
Final layout: 4 suites with private bathrooms
Estimated gross rental yield: 23.1%
Estimated resale value after renovation: 522,000
Our valuations are cautious and based on the current rising market trends.

A high-return project, ideal for investors seeking immediate appreciation and strong rental income.

Why Choose Mediina?
Mediina is the leading expert in turnkey real estate investment in Marrakech, and also a trusted partner for those dreaming of a unique, custom-designed riad.

Exclusive property sourcing – Access to the best off-market opportunities
Optimized or fully personalized renovations – Depending on your investment or residential project
Premium rental management – Short-term rental solutions with 5 concierge services
Tax optimization – Tailored solutions for international investors and residents

Interested in this opportunity? Let’s talk! Contact us today for a personalized consultation and viewing.

More info on our approach and completed projects: www.mediina.com