Situated in a quiet street, just a five minute stroll from Jemaa El Fna, the central square in Marrakech, is this beautiful 7-bed boutique riad hotel. The hotel is something of a legend in the city and has featured in many major magazine photo shoots and television programmes. If you’re looking for prime real estate, a thriving business and a beautiful home-from-home, this is the one for you!
The riad has seven beautifully decorated en suite bedrooms, a traditional Moroccan roof terrace and swimming pool. In the evening, the well-established citrus trees in the courtyard create that wonderful sense of scent and shadow that is so typically Moroccan. The riad is decorated with great style and there is plenty to attract the eye, be it the french antique furniture in the bedrooms, the beautiful moroccan tiling or the wrought-iron railings from London! Much thought has gone into making sure there is plenty of communal space, so guests do not feel confined to their rooms. The overall effect is of a charming home-from-home with a relaxed atmosphere.
The business turnover is nearly €200,000 per year and runs at 75% occupancy rate. Many of the guests are loyal fans who just keep coming back time and time again. The owner has embraced riad culture for over 20 years now and is looking to retire, hence the reason for sale.
Marrakech never fails to mesmerise all the senses - the exotic sights, sounds and smells. The city has great style, be it the opulence and luxury of the spas and hammams, superb restaurants, verdant gardens and beautiful architecture or its sense of heritage and hospitality.
The medina is unique, soaking up the atmosphere of the souks during the day and strolling around the main square at night to see the traditional musicians, dancers, story tellers and food stalls is all part of the experience.
The city is an ideal base to explore the Atlas Mountains an hour to the south, the desert to the east and the coast to the west. Marrakech is a short flight from the UK, just 3hrs from London, yet it feels like a completely different world.
Property is for sale in Euros. Guide price €768,000
Please note: All sizes are approximate. British Owned Property Abroad has made every effort to ensure that the details and photographs of this property are accurate and in no way misleading. However, this information does not form part of a contract and no warranties are either given or implied.