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Redevelopment Opportunity: 6-Bed Riad in Marrakesh

€600,000€600/m²

Marrakesh, Morocco

  • 6

    bedrooms

  • 6

    bathrooms

  • 1,000 m²

    interior

  • 1,000 m²

    plot

  • Townhouse

    property type

  • Yesterday

    listed

The Habio take

AI summary

This spacious 6-bedroom riad in the heart of Marrakesh presents a rare redevelopment opportunity, with a project already underway to create luxury suites and a rooftop pool. Located in the historic medina, it offers timeless charm with modern potential.

  • investment
  • historic
  • luxury
  • garden

Highlights

  • Spacious 1000 m² riad
  • Includes plans for a luxury hotel
  • Corner lot with private parking
  • Close to vibrant medina attractions
  • Guaranteed yearly rental income post-renovation

Worth knowing

  • Current redevelopment work may be disruptive
  • Potential ongoing renovation expenses

Good fit for: Ideal for investors or families seeking a luxury renovation project in a culturally rich environment.

Lifestyle scores

Beach
0
Walkable
90
Remote work
70
Family
65
Retirement
80
Airport access
75
Investment
85
Luxury
90
Value
70

About this place

This exceptional 6-bedroom riad, available for redevelopment, is situated in the vibrant medina of Marrakesh. With 1000 m² of internal space and a plot size of 1000 m², it features six bathrooms and is designed to be transformed into a luxurious hotel with six suites, a restaurant, a spa, and a rooftop infinity pool. The project is being developed by a renowned architect in the luxury hospitality sector. The property is well-positioned as a corner lot with ample parking nearby, making it easily accessible.

Marrakesh, known as the ‘Red City’, is a former imperial city famous for its rich history, vibrant souks, and stunning palaces and gardens. The medina is packed with cultural attractions, including the magnificent Koutoubia Mosque and the opulent Bahia Palace. The lively Jemaa el-Fna square showcases the city's spirited atmosphere, featuring food vendors, musicians, and street performers. Additionally, the surrounding gardens, such as the 12th-century Menara gardens and the artistic Jardin Majorelle, provide a tranquil escape from the bustling streets.

Investing in this property not only presents a chance for financial returns through guaranteed rentals upon redevelopment, but also ensures an engagement with the vibrant lifestyle and culture that Marrakesh has to offer.

What this place offers

  • private parking
  • garden
  • spa
  • rooftop pool

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