This Riad (historical house) is estimated to be centuries old, which can be seen by the old and strong historical materials integrated into its walls.
This makes it well worth any future investment, due to the historical value, the great, well-demanded location in the Medina of Marrakech, the large space, the high potential versus investment, and the 10 exploitable rooms, with its legal permit for touristic exploitation.
Considering the big and fast growth of touristic demand for the destination of Marrakech, and the huge continued improvements dedicated to its Medina versus the limited number of historical Riads in this UNESCO Heritage area, this is your deal.
This deal doesn't only include selling the Riad, but also includes selling our 12-year-old company that holds the rights, permits and licenses.
(All in one, ready to go)
There is also a large margin to raise potential income versus a reasonable investment.
- Asking Price:
- $660,000 (USD) Furniture / Fixtures included
- Sales Revenue:
- $100K - $250K (USD)
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
10+ rooms
- Location:
-
Morocco, Marrakech, Medina
- Premises Details:
-
This Riad (historical house) estimated age is centuries (more or less), which can be seen by the historical, old, and strong materials integrated in its walls. Which makes it well worth any future investment, for the historical value, the great, well-demanded location in the Medina of Marrakech, the large space, the high potential versus investment, and the 10 exploitable rooms, with its legal permit of touristic exploitation. Considering the big and fast growth in tourist demand for the destination of Marrakech, and the huge and continued improvements dedicated to its Medina versus the limited number of historical Riads in this UNESCO Heritage area, this is your deal. This deal doesn't only include selling Riad Itry, but also includes selling Itritravel S.A.R.L., our 12-year operating company that holds the rights, permits, and licenses. (All in one, ready to go.)
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
There is a large margin to raise potential income vs a reasonable investment.
- Reasons for selling:
-
Need to move to another place.
- Years established:
- 12 years
