A Beautiful Riad in Bab Ghmat

REF: VL00MK4V
Riad
For Sale
Details
Beds: 5 / Baths: 3 / Parking: 1 / 250 m²
Price
3 981 787 DHs

Golden Circle services offers you:

A beautiful riad in Marrakech opens its doors to you and invites you and your customers to share an incomparable sweetness of life in this guest house.

Our riad …the pleasure of Moroccan living! This cheap riad in Marrakech is located in the heart of the medina, 2 minutes from the mellah synagogue, right next to the palace and 10 minutes walk from the jamaa el fna square, allowing easy circulation in marrakech medina and discover its horizons and its smiling and friendly population. …You can directly access the Riad by car passing through the Bab Ghmat gate, which is a strong point for marketing the Riad, because in the Medina the establishments where you can accompany customers by car (taxis, 4* 4 and minibus) with their luggage to the door are rare.

With Western standard comfort we offer 8 suites all equipped with bathrooms with toilets and all air-conditioned.

< p>To preserve the privacy of each of our customers, we have planned different relaxation areas:

On the ground floor:

A reception entrance with a bathroom< /p>

A large fitted kitchen

A patio forming a dining room with a central fountain

A large reception and reading room

Three bedrooms on the ground floor with their bathrooms and toilets, modular (single, double, triple bedrooms)

On the first floor:

Five bedrooms with their private bathrooms and toilets, all reversible air-conditioned

On the second floor:

A four-sided terrace for catering, deckchairs, chairs and parasols with a view of the atlas, the medina or the new city and a Berber lounge for rest or restoration with a magnificent view of the Atlas mountains, large barbecue, massage room, traditional hammam, dressing room, technical room, flowered terrace with trees and tastefully decorated majorelle inspiration.

On the third floor

Another terrace with tables, chairs and parasols with a 360° panoramic view one of the most beautiful viewpoints heights of the medina.

After a tumultuous day of this Marrakchi life, you will have the pleasure of relaxing thanks to the lapping of the fountain on the interior patio

Relaxation is also the revitalizing benefits of our hammam and traditional massages with essential oils.

The riad is a guest house in operation since October 2008 with a good yield of an initial surface of 145 m² on the ground currently. After numerous developments in recent years, the area has increased to more than 250 m² of living space, including a recent total renovation in 2020.

The riad is covered by a traditional wrought iron dome covered with a traditional tarpaulin on the lifting side.

The riad is titled and has a goodwill with classification and all operating permits.

The riad is sold fully furnished.

Its value of purchase is 369,000 Euros or 3,981,787 Dhs.

The investment in furniture work and numerous administrative costs in order to obtain classification and authorizations is approximately 100,000 Euros.

30000 Euros of restoration work was done in 2020.

 The riad in free management can give a rental yield of 30000 dirhams per month.

  • Price: 3 981 787 DHs

  • Bedroom: 5

  • Bathroom: 3

  • Kitchen: 1

  • Terrace: 1

  • Parking: 1

  • Surface: 250 m²

  • Air Conditioning

  • TV Cable

  • WiFi

  • Location: The Medina Bab Ghmat

  • City: Marrakech, Médina