19th Century Guesthouse Riad For Sale Marrakech Medina. Amazing opportunity in a fast developping part of the Old City. With a huge footprint of 323m2 and full of historical features in excellent condition. Car access to the door. This is a monumental Riad. Steeped in history. And in an area which is about to become highly desireable due to new car parks and a new Medina gate! Expect major capital gain in the next couple of years. Fabulous terraces. Beautiful courtyard. Plunge pool. Absolutely the perfect investment in Marrakech Medina. The atmosphere is old Marrakech – from the wonderful entrance hall, high and wide, to the spacious and bright courtyard – all is as it should be. There are very few of these beautiful old Riads available. And this one is a bargain at just 495’00 euros (£419’000 U$570’000). Call me now on +212658025028 or mail email@example.com and I will arrange a private viewing for you. Thank you!
The Riad is located in an area of the Medina which is about to grow exponentially. It is on the main route from the massive new car park near Palais Soleiman to the heart of the Medina. You get a lot for your money and it can only grow. I would expect a property like this to double in value in 5 years. Maybe more.
The current owners are embarking on a refurbishment as I write. So the property is in very good condition. The entrance hall is stunning. The courtyard is classic – big and bright. The 6 en suite rooms are classic Riad. It’s history and it’s seductive.
And there are all the things that one wouldn’t usually mention, yet that come with a big old Riad. Sprawling kitchens, multiple staircases, staff quarters …
This authorised guesthouse, with freehold title, is a fabulous proposition. It is priced to sell in an area which is developing rapidly. Get it while you can! Call me on +212658025028 or mail firstname.lastname@example.org and I will take you to see it!
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- Historic Riad
- Licenced Guesthouse
- Panoramic Terrace
- Patio Courtyard