Riad To Renovate Marrakech by Secret Garden
The perfect location for this 190m2 Riad To Renovate Marrakech by Secret Garden. The picture above looks across the patio courtyard of the Riad For Sale towards the Secret Garden. The people under the parasol are on the terrace of the Secret Garden! When this renovation is finished you will have a panoramic view over one of the most fabulous attractions in Marrakech Medina. The plot is a square shape and has three facades on the street – a great configuration. At just E200K (£176K $246K) it represents a fantastic opportunity to acquire prime real estate in a fabulous location. Perfect for a Riad Guesthouse development. Perfect for a Restaurant development. Call me on 00212658025028 or mail [email protected] to arrange a viewing.
The current Riad has a certain charm yet has no real historic value or importance. A developer would almost certainly demolish and start again. This would allow a clean design of this Riad To Renovate Marrakech. Given the footprint of 190m2, a guesthouse project of 6 en suite rooms, as well as a patio courtyard, sitting room, big kitchen, plunge pool and panoramic terraces is entirely feasible. You should budget at least E140K for the clearance and rebuild, including finishings.
The property is “Melkia”. This is the old local notarial system. The Riad has belonged to the same family since the early 1950’s so there should be no complications. The buyer would wish to get “Requisition” status from the current owners after paying a deposit. My Free Guide to investing in Marrakech gives details of this process and a notary will advise you on the risks and benefits of buying a Melkia property.
So call me now on 00212658025028 or mail [email protected] to arrange a viewing. You won’t find a better location for your Riad development project. Thank you!