Rare! Palacial riad – early 20th century – Awaiting restoration

Details about the property

Price :

15,700,000 MAD

Description

This riad is undoubtedly a rare opportunity:

Located in the heart of the most sought-after district of the Marrakesh Medina—the “Golden Triangle”—just steps away from Jemaa el-Fnaa Square.

Dating back to the early 20th century (1920s).

Offering a footprint of nearly 500 m².

Features a magnificent tree-filled patio, outbuildings, a carriage entrance, and period architectural elements reminiscent of the La Mamounia style from the Roaring Twenties.

A true Medina palace, the property presents exceptional potential for an ambitious renovation project. Its architecture is punctuated by magnificent traditional Moroccan features: painted wood ceilings, elegant arches, mashrabiya screens, refined architectural details, and a vast, lushly planted patio that creates a unique, intimate atmosphere.

The property also boasts a magnificent terrace with an unobstructed view of the Koutoubia, as well as an exceptional setting in the heart of one of the Medina’s most desirable areas.

With a premium location, rare size, clear title deed, and remarkable architecture, this riad meets all the criteria for an exceptional heritage property.

A unique market opportunity: currently, no other property offering equivalent size, potential, and location is available in this area.

478 m² footprint – 680 m² total built area

Patio: 150 m² – Terraces: 200 m²

Free hold title

€1,450,000

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