120m² Titled Riad to Renovate – A Prime Opportunity with Ben Youssef Views
A unique registered property offering full renovation potential in one of the Medina’s most sought-after locations.
This 120m² riad, situated in Diour Saboun, boasts exceptional redevelopment possibilities. With its tree-lined patio, spacious interiors, and a rooftop terrace with panoramic views of the Ben Youssef Mosque, this property provides an excellent foundation for a tailor-made transformation into a luxury residence or high-yield rental investment.
Located in a strategically positioned derb accessible by car, it is within walking distance of tourist landmarks, shops, and restaurants, and just 12 minutes from Jamaa el Fna.
Property Features
Ground Floor: Entrance, tree-lined patio, spacious room, additional room, kitchen, WC
First Floor: Large room, two additional rooms, loggia, WC
Second Floor: Expansive terrace with potential for solarium and summer kitchen, breathtaking view of Ben Youssef Mosque
With a well-planned renovation, the layout can be optimized to create 4 suites with private bathrooms, making it a perfect choice for a private residence or a successful hospitality investment.
A Secure and Profitable Investment
This project has been carefully studied, with a predefined renovation budget, ensuring meticulous cost management and accurate resale projections.
Financial Data
Purchase price (all fees included): 209,000
Renovation budget (all fees included): 137,000
Total project cost (all fees included): 346,000
Number of suites after renovation: 4 suites with private bathrooms
Estimated gross rental yield: 21 %
Estimated resale value after renovation: 540,000
Our valuation and rental estimates are carefully calculated to provide a secure investment in a rapidly growing market.
Why Choose Mediina?
Mediina is the leading expert in turnkey real estate investments in Marrakech, providing comprehensive solutions for structured and secure projects.
Want to learn more and visit this property? Contact us now for a detailed consultation and private viewing.
Discover our projects at: www.mediina.com
Type of property
Riad
Plot surface
120 m²
Condition
Due for reform
Age
20-30 years old
Flooring
Tiled
Number of floors
1