Riad To Renovate Marrakech – Great Potential
This Riad To Renovate Marrakech – Great Potential has a footprint of over 150m2 and living space of nearer 250m2. It’s decently located in a quiet Derb close to taxi ranks and bus stops. The English owner is motivated to sell and is asking only 1.8m dirhams (E168K £142K), with some room to negotiate. That’s a good deal.
This interesting property comprises on the ground floor an entrance hall leading into the lovely patio courtyard. It’s a bit run down at the moment yet has masses of development potential. There is a summer sitting room behind some cool arcades as well as a winter Salon, a kitchen, a little office and two store rooms.
The first floor has an open arcaded Salon, a second kitchen and 3 en-suite bedrooms. There is light and space due to the open side of the Riad.
The terrace area is wide and sunny and has good views of the Medina roofscape and the snow-capped Atlas Mountains beyond. There are two storage rooms currently on the terrace which could be turned into a further en-suite bedroom with some work.
This Riad To Renovate Marrakech really is full of potential. The overall structure is sound and the volumes are generous. You would need to budget at least 500,000 dirhams more to get it up to professional standards throughout. That means that for less than £200K in total you could have a four or even five en-suite Riad in sunny Marrakech!
So call me now on 00212658025028 or mail colin@BosworthPropertyMarrakech.com to arrange a viewing. ANd remember to click on the Free Guide banner just below here to get your copy of my free guide to investing in Marrakech. You will also be signed up to my regular newsletter with many hot deals not published on the internet! Thank you.