For Sale, EUR 3,200,000
Morocco
Property Type : Boutique Hotel
Property Style : Custom
Build Size : 17,222 ft² / 1,600 m²
Land Size : 8,934 ft² / 830 m² Convert Land Size
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property 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 : a spa, a heated pool, 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 good condition throughout :The first Riad, more traditional, boasts 13 ensuite bedrooms, suites and family apartments spread around 2 courtyards (1 of them with a plunge-pool) connected by a large living-room, a bar and a spa (hammam & rooms for treatments).The second Riad, with a contemporary twist, boasts 10 ensuite bedrooms and suites spread around a courtyard with bar and heated pool.-Noteworthy, it is possible to lease 2 additional neighbouring Riads to increase the accommodation capacity with 11 additional bedrooms.This titled property is being sold furnished as an ongoing concern. One of the Riads comes with an alcohol licence.
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Unique 23 bedroom Riad-Hotel for sale in the Medina, Morocco is a 17,222ft² Morocco luxury Boutique Hotel listed for sale EUR 3,200,000. This high end Morocco Boutique Hotel is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Morocco or search for luxury properties for sale in Morocco.