SOLD - 220 sqm. Riad to Renovate – Luxury Guesthouse Project
A rare investment opportunity for a premium hospitality project in a prime location.
This spacious 220m² riad with nearly 320m² of built area is a perfect foundation for conversion into a high-end guesthouse. With its large central patio, panoramic rooftop terrace, and optimal layout, this property is ideal for developing a boutique hotel with 10 suites, each with a private bathroom, and a rooftop restaurant with stunning views.
A property designed for maximum rental yield
Ground floor: Large patio, 9 rooms including 7 bedrooms, spacious common areas
First floor: 11 rooms, perfect for reconfiguration into luxury suites
Rooftop: Expansive terrace with prime exposure, stunning views, and potential for a high-end restaurant
This riad benefits from excellent orientation and natural light, making it highly appealing to a luxury clientele. Located in a prestigious district, it ensures strong tourist demand and continuous property value appreciation.
A structured and secure investment
This project has been carefully analyzed, with a predefined renovation budget, ensuring cost control and reliable profitability.
Financial data after adjustment:
Purchase price (all fees included): 445,000
Renovation budget (all fees included): 224,500
Total project cost (all fees included): 669,500
Number of suites after renovation: 10 suites with private bathrooms
Estimated gross rental yield: 27%
Estimated resale value after renovation: 1,100,000
All projections are based on a conservative market analysis, in a high-demand luxury sector.
Why choose Mediina?
Mediina is the leading expert in turnkey real estate investment in Marrakech, providing structured and secure guidance for your project’s success.
Exclusive selection of top off-market opportunities
Project optimization for maximum profitability
Full renovation management and execution monitoring
Legal and tax support for international and local investors
Interested in this project? Contact us now for a detailed analysis and a private visit.
Discover our past projects and expertise at: www.mediina.com
Type of property
Riad
Plot surface
220 m²
Condition
Due for reform
Age
5-10 years old
Flooring
Tiled
Number of floors
1