144m² Riad – 6 Suites, Prime Location & Investment

144m² Riad to Renovate – High-End Project, 6 Suites, Prime Location

A spacious riad offering a rare opportunity for an elegant residence or a profitable rental project. Located in Riad Zitoune Jdid, a prestigious neighborhood known for its prime location and close proximity to essential services.

This 144m² riad is ideal for conversion into a boutique guesthouse or a prestigious private home. Located in a high-demand area, with a wide and easily accessible derb, it benefits from proximity to essential shops and services.

With its generous patio and well-distributed spaces, it is possible to create 5 to 6 suites with private bathrooms, offering a comfortable and refined environment for a rental or personal project.

Property Features
Ground Floor: Entrance, patio, two large rooms, two additional rooms, kitchen, WC
First Floor: Two large rooms, two additional rooms, WC, walkway
Second Floor: Spacious terrace with potential for a solarium and summer kitchen
This custom-designed project maximizes space, making it an elegant home or a high-yield investment.

A Secure and Structured Investment
This project has been carefully planned, with a predefined renovation budget, ensuring cost control and a reliable investment estimation.

Financial data after adjustment:

Purchase price (all fees included): 271,000
Renovation budget (all fees included): 164,000
Total project cost (all fees included): 435,000
Number of suites after renovation: 6 suites with private bathrooms
Estimated gross rental yield: 25 %
Estimated resale value after renovation: 648,000
Our estimates are based on a conservative analysis, supported by increasing demand for fully renovated properties in the Medina.

Why Choose Mediina?
Whether you are looking for a luxurious private residence or a profitable investment, Mediina offers local expertise and optimized management.

Selection of the best off-market opportunities
Optimized renovation for maximum added value
Full rental management for investors
Tailored legal and tax support
Would you like to visit this property and explore its potential? Contact us now for a detailed study and a private viewing.

Discover our projects and expertise at: www.mediina.com