75m² Riad to Renovate – A Rare Opportunity in a Prime Location
A property with great renovation potential in a peaceful and accessible setting.
This 75m² riad, situated in a highly sought-after and quiet neighborhood, represents an ideal opportunity for a custom renovation project. With a charming patio, well-distributed spaces, and the possibility of creating a rooftop solarium, it can be transformed into a luxurious residence or a high-return rental investment.
Its prime location, near a local market, shops, and restaurants, just 12 minutes from Jamaa el Fna, makes it a secure and profitable choice for both residential and investment purposes.
Property Features
Ground Floor: Entrance, patio, spacious room, additional room, kitchen, WC
First Floor: Two large rooms, loggia
Second Floor: Terrace with potential for solarium and summer kitchen
With an optimized renovation, it is possible to create 3 suites with private bathrooms, making it an ideal choice as a main residence, a second home, or a profitable rental property.
A Secure and Profitable Investment
This project has been carefully studied, with a predefined renovation budget, ensuring excellent cost control and reliable profitability projections.
Financial Data
Purchase price (all fees included): 115,000
Renovation budget (all fees included): 99,500
Total project cost (all fees included): 214,500
Number of suites after renovation: 3 suites with private bathrooms
Estimated gross rental yield: 26 %
Estimated resale value after renovation: 337,500
Our rental yield and resale projections are conservatively estimated to ensure a safe and realistic investment in a 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
75 m²
Condition
Due for reform
Age
20-30 years old
Flooring
Tiled
Number of floors
1