Exceptional Project – Luxury Hotel Complex in the Kasbah
A historic riad requiring full reconstruction, ideal for a large-scale hospitality project with outstanding profitability.
This 430m² riad, located in the heart of the Kasbah, in the prestigious Michouar district, represents a unique opportunity to develop a high-end hospitality establishment. With its vast land, traditional architecture, and significant development potential, this project is designed for investors looking to create a boutique hotel or a luxury hotel complex in one of Marrakech’s most sought-after areas.
Its strategic location, in an easily accessible derb, close to royal palaces, historical landmarks, and major tourist attractions, ensures strong demand and a rapid increase in property value post-renovation.
A Turnkey Project for a High-End Hotel
Through a complete and optimized reconstruction, it is possible to create up to 20 luxury suites with private bathrooms, along with a panoramic restaurant, a high-end spa, and a rooftop terrace featuring a solarium and pool.
Property Features
Ground Floor: Entrance, spacious tree-lined patio, main hall, multiple modular rooms, kitchen, WC
First Floor: To be built according to architectural plans
Second Floor: Large terrace with potential for a solarium, pool, lounge area, and summer kitchen
With a modern design integrated into Morocco’s architectural heritage, this hotel complex will combine a unique immersive experience with contemporary luxury, maximizing tourist appeal and profitability.
A High-Yield Investment with Strong Appreciation
This project has been carefully planned, with a predefined renovation budget, ensuring optimal cost control and a clear return-on-investment projection.
Financial Data
Purchase price (all fees included): 522,000
Renovation budget (all fees included): 413,000
Total project cost (all fees included): 935,000
Number of suites after renovation: 20 suites with private bathrooms
Estimated gross rental yield: 39 %
Our yield and appreciation estimates are cautiously calculated to ensure a secure and profitable investment in a fast-growing market.
Why Choose Mediina?
Mediina is the leading expert in real estate investment and hospitality project management in Marrakech, providing comprehensive expertise and tailored support for investors.
Exclusive off-market property selections
Optimized renovation and design for a premium hotel experience
Turnkey property management to maximize profitability
Tailored legal and tax assistance for foreign investors
Want to learn more and explore this ambitious project? Contact us now for a personalized consultation and private viewing.
Discover our projects and expertise at: www.mediina.com
Type of property
Riad
Plot surface
430 m²
Condition
Due for reform
Age
Over 100 years old