Riad Damanos
- 9 Beds
- 9 Baths
- 6,997 Sqft
- Updated: June 18
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12
Views for last 30 days
- 6
About the Property
Built on a 320 sqm footprint, the property features 7 guest rooms and 2 suites arranged around a lush and majestic patio, offering an authentic and peaceful atmosphere. The riad also includes a spa, open both to in-house guest
Built on a 320 sqm footprint, the property features 7 guest rooms and 2 suites arranged around a lush and majestic patio, offering an authentic and peaceful atmosphere. The riad also includes a spa, open both to in-house guests and external visitors, representing a significant commercial asset with very strong profitability. In addition, the riad benefits from a loyal international clientele.
An additional advantage: the possibility of expansion through the neighboring riad currently for sale, with an approximate surface area of 250 sqm, offering particularly attractive development potential.
Combining charm, a strategic location, and an already established business activity, this property represents a rare investment opportunity with strong profitability potential.
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Property type
Villa
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Price/sqft
$390
Features
- Pool
- Terrace
- Investment Property
- Balcony
- High Ceiling
- Outdoor Living Space
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Our office is located in the up-market neighbourhood of Hivernage in central Marrakech. Hivernage is renowned fo
Our office is located in the up-market neighbourhood of Hivernage in central Marrakech. Hivernage is renowned for prestige, comprising 4- & 5-star luxury hotels, high quality apartments and luxury villas nestled throughout the tree lined roads. Most commonly it is associated with a ”great night out” due to its atmospheric nightlife and local amenities attracting Marrakech natives and tourists alike. From its array of high-end fine dining restaurants & coffee houses, serving a mix of mouth-watering global cuisine & deserts accompanied by exciting shows and performances, to the eclectic mix of bars, cocktail lounges, nightclubs & boutique shopping on offer, as well as the Casino de Marrakech, the first casino in Morocco, Hivernage combines allure, refined taste, excitement & pleasure into a well-connected residential hub, sought after by investors, tourists and the elite. We welcome you to join our multilingual team of experts for a relaxed, insightful conversation accompanied by a coffee, to discuss everything Morocco’s real estate market has to offer you.
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