Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

170-Room Hotel With Redevelopment Potential In Marrakech For Sale

Marrakesh-Safi, Marrakech, Morocco
Asking Price:
$15,000,000 (USD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Confidential sale of an existing 170-room hotel property in Marrakech, Morocco, set on a 10,268 m² plot.

The property includes a swimming pool, tennis courts, a restaurant, reception and event spaces, a nightclub, and parking for approximately 90 vehicles.

The hotel requires renovation and offers an opportunity for refurbishment and repositioning. The existing accommodation, communal areas and outdoor spaces provide a basis for a new hospitality concept.

Alternative hotel and residential development scenarios are outlined in the presentation dossier, subject to the relevant approvals.

Asking price: USD 15,000,000, including the land and existing hotel. Renovation and redevelopment costs are additional.

Further information and a detailed presentation are available upon request. Viewings can be arranged by appointment following an initial discussion. The property's identity and precise location are disclosed confidentially to interested buyers.

Property Information

Real Estate:

Real Property Included

Location:

Located in Marrakech, Morocco. The property's identity and exact address are disclosed confidentially to interested buyers. Viewings are available by appointment.

Premises Details:

Existing 170-room hotel set on a 10,268 m² plot of land (approximately 110,524 sq ft). The property includes a ground floor and three upper floors, reception and event spaces, a restaurant, a nightclub, a swimming pool, tennis courts and parking for approximately 90 vehicles.

The hotel requires renovation. The asking price includes the land and existing hotel; renovation and redevelopment costs are additional.

Planning Consent:

An urban planning information note is available in the property documentation. This note does not constitute a building permit. Proposed extensions or redevelopment projects are subject to the relevant approvals.

Business Operation

Expansion Potential:

Potential to renovate and reposition the existing 170-room hotel. Alternative redevelopment scenarios include a 270-room hotel with a residential component, potentially associated with a hospitality brand.

These are proposed development concepts, subject to technical feasibility, the necessary approvals and the buyer's investment strategy.