May 2016 – Bosworth Property Marrakech

26/05/201620/08/2018

Around Marrakech

I was lucky enough to take a day-tour with my partner, Claire, to the astonishing Imlil Valley, just 65 km from Marrakech. We went with www.HomeJamesMorocco.com – the luxury chauffeur-driven car service in Marrakech and we had a great time.

It’s a beautiful green valley which snakes up towards Mount Toubkal, the highest mountain in Morocco. Turning off the road which leads to the Tizi n Test Pass about 50km out of Marrakech, we quickly came across the Kasbah Tamadot – a very cool Hotel and a great place to stop for a refreshing drink while admiring the sweeping vistas.

Our English speaking driver took us up to the village of Imlil at over 1,700m above sea-level, and showed us the path that leads to the Kasbah Imlil and on to the Imriouz Falls. It was just a 20 minute walk to the spectacular rapids and plunging waterfalls.

It is a very family-friendly place in a calm and cool environment. We saw families riding on Mules and the local people were very welcoming.

We had a tasty Tajine at the foot of the falls and strolled back down to our waiting car for the drive back into the City. It’s only an hour and a quarter from where we live in the Medina and Karim our chauffeur was very knowledgeable – I found out about the walnut plantations and the system of irrigation used in the valley.

It was a fabulous day-trip out of Marrakech and is still unspoilt. It’s well worth taking the stroll up to the falls – although next time I’ll probably be tempted to ride a mule!

24/05/201620/08/2018

Business Opportunity

Riads For Sale from BosworthPropertyMarrakech.com

This fully authorised, titled Riad is a great business opportunity. It takes in over £100k per year and is now for sale at only 5.4m dirhams (E499k £425k). It’s an eleven en-suite room 3* riad in a brilliant location.

Situated in Riad Zitoune Jdid, close to a public car-park and all the major attractions of the Medina, this busy Guesthouse has a fantastic reputation. The Italian owners want to sell and they’re prepared to cut a deal. It’s a good 3* hotel in the perfect position, with lots of advance bookings and top ratings on TripAdvisor, Booking and Expedia. With 11 en-suite rooms the potential is tremendous.

The titled property is a really good deal at this price. The owners want to sell. Usually, a Riad of this commercial quality would sell for 20% more, so grab this one while you can. All the accounts are available for due diligence and the business is clean and profitable. I know the owners well and can vouch for them. It’s a hot deal.

As a running business, this is a good one. You can hit the ground running from day 1. There are certainly things that could be improved, like the furniture and the deco, yet this one floats immediately. If you’re looking for rapid income on your investment and plenty of advance bookings … this Riad is for you.

Call me now on 00212658025028 to arrange a viewing and a meeting with the owners. You can look at the accounts and the bookings. The income on this totally functional guesthouse will cover your investment in 3 years.This will sell.

Bosworth Property Marrakech – your trusted Medina property consultant. Finding you the best deals on the property market in Marrakech.

23/05/201620/08/2018

Riad To Renovate

This 120 square metre hard-built riad to renovate lies in a quiet street close to Bab Ksiba in the Kasbah area of the Medina. There is good access and the area is calm – a nice place to come home to after a day in the bustling souks.

It currently has three levels, which is quite rare. It’s hard-built and generally sound throughout. The house obviously needs a complete refurb. You could easily get four or five large en-suites into this area while maintaining a spacious patio and terrace area. Bosworth Property Marrakech proposes a key in hand project management service if you decide to renovate this riad.

riads to renovate - bosworthpropertymarrakech.com — View from the terrace into the patio

The Moroccan owners are in a hurry to sell for family reasons and will listen to reasonable offers around £75,000. With a renovation budget of a similar amount you could have a really cool little riad in a calm quarter of the Medina for only £150,000. That’s a good deal and proves that it really is a buyers market right now. I’m beginning to see green shoots in the property market in Marrakech. It’s definitely the time to buy.

We work with local scouts to find your Marrakech property at local prices. We are based in the Medina and we have spent years building up a network of local scouts who find your riad to renovate at never-before-seen prices. Bosworth Property Marrakech is your trusted property consultant in Marrakech Medina. Call Colin today on 00212658025028 or contact us through the website to arrange visits.

02/05/201620/08/2018

Riads For Sale Medina

Bosworth Property Marrakech specialises in development property in the Medina of Marrakech. For example this 140 square metre riad for sale in Bab Taghzout. It needs a renovation and it would make a lovely holiday property or little guesthouse when completed. There’s room for four or five en-suites. There’s a funky sun-soaked terrace that would be lovely for your evening cocktail.

It’s currently a family home and they want to move to Casablanca for professional reasons. They’re willing to listen to any reasonable offers. I would suggest this riad could sell for about £100,000. With a similar renovation budget you would get a fantastic house in the heart of the Medina, near the taxi ranks and the local markets. It’s only a short walk to the Riad Laarous and Dar El Bacha quarters.

bosworthpropertymarrakech.com — The patio seen from the first floor

You won’t find this property for sale with anyone else in Marrakech. Our network of local scouts brings you the opportunity to see what hasn’t been offered on the market before.

If you’re thinking of developing a riad in Marrakech then you’ve come to the right place. Our key in hand project management service provides you with an easy way to get invested in this thrilling location. We do the administration for you, we work with you on plans and then we manage the site during renovation. You get the keys to the finished property on time and within budget … without the stress.

Bosworth Property Marrakech is your trusted Medina partner. Years of experience on the ground have taught us how to get things done the right way. Don’t hesitate to contact us with any questions you may have. Call Colin on 00212658025028