Riad to Renovate with Turnkey Project for a 4‑Bedroom Guesthouse with Pool

Details about the property

Price :

2,865,000 MAD

Description

Located in the heart of the medina, this 84 m² riad offers a unique opportunity for a guesthouse project. Currently in need of renovation, the riad is sold with a fully designed project for the demolition and reconstruction of a 4‑bedroom guesthouse with a pool.

The property is situated near Bab Doukkala, with car access just 50 meters away. The area is quiet and easily accessible, 10 minutes from Jardin Majorelle and 15 minutes from Gueliz.

The project includes:

  • Plans designed by an architect, accompanied by 3D renderings (compliant with the requirements for obtaining guesthouse approval).
  • Contracts negotiated with demolition and construction companies.
  • A complete project evaluation conducted by a specialized engineering firm.

The project is ready to be approved within approximately 1 month, with an estimated completion time of 12 months.

Sale price: €265,000, including the purchase of the riad and the entire project.
The work with the contractors has already been negotiated for a total of approximately €100,000, providing a turnkey solution for the buyer (furniture not included).

This is a rare opportunity to invest in a guesthouse in the heart of the medina, with a secure project ready to start.

Freehlod titled.

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