Exclusive to Bosworth Property Marrakech! A Massive Double Riad For Sale. Comprising a huge Fondouk of over 1000 square metres and a historical Riad of 300 square metres. In a great location. Ideal for a hotel development. This is a unique investment opportunity in Marrakech Medina.
A Fondouk is a Guild House. It houses artisans workshops. The current building could either be demolished or adapted as a hotel. There is a vast central courtyard. More than 30 workshops over two levels. Ginormous terrace areas. This one could sell for as little as £575,000 on it’s own.
When you add the beautiful Riad next door, the total price is just £690,000 for the lot.
The Riad has two patios of its own. There are currently 6 bedrooms, a kitchen and a sprawling sun-splashed terrace. It needs a good renovation.
The Riad would sell on it’s own for just £170,000. So buying both properties together saves you at least £50,000. And there’s room to negotiate! The Moroccan owners are motivated to sell.
This massive double riad for sale from BosworthPropertyMarrakech.com covers an amazing 1,320 square metres. It lies near Jemaa El Fna just off the Dabachi Road. It’s a great location. It’s a truly stunning investment opportunity.
Call me on 00212658025028 or mail Colin@BosworthPropertyMarrakech.com
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