Unique 23 bedroom Riad-Hotel for sale in the Medina of Marrakech

Ref : RR443

3 200 000 € 33 900 000 Dhs

Bedrooms
23
Land area
830 m²
Living area
1600 m²

This property is brought to you by :

Marrakech RealtyReal Estate Agency Marrakech Realty

+212 (0) 713 432 576

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Unique 23 bedroom Riad-Hotel for sale in the Medina of Marrakech

Description

This property is enviably located in a historic district of the UNESCO listed Medina of Marrakech, a few minutes walking distance from the iconic Jemaa el Fna square and from major touristy points of interest. With impressive business records (high occupancy ratios), it is utterly a superb commercial investment opportunity, ticking all boxes for discerning guests : 2 spas, 2 pools, 2 bars, several dining areas and large terraces with lovely views over the surrounding Medina and the Atlas mountains. Boasting a 830 sqm footprint, the property includes 2 adjoining Riads in pristine condition throughout :

The first Riad, more traditional, boasts 13 ensuite bedrooms, suites and family apartments spread around 2 courtyards (1 of them with a pool) connected by a large living-room, a bar, a spa (hammam & rooms for treatments) as well as a computer room.
The second Riad, with a contemporary twist, boasts 10 ensuite bedrooms and suites spread around a courtyard with bar and heated pool as well as a spa (hammam and room for treatments)

Noteworthy, it is possible to lease 2 additional neighbouring Riads to increase the accommodation capacity. This titled property is being sold furnished as an ongoing concern. One of the Riads comes with an alcohol licence.

Details

Reference : RR443Type of property : sale / Guest House

City : MarrakechNumber of rooms : 23

Land area : 830 m²Living area : 1600 m²

Equipements