Charming Fully Titled Riad for Sale - Place des Épices - 40m2 - €290,000
Charming Fully Titled Riad for Sale - Place des Épices - 40m2 - €290,000
Located between Derb Dabachi and the Spice Markets (Place de Spices) this fully titled riad offers a strong investment opportunity in the heart of the Medina.
The property has a 40 m² ground footprint and approximately 100 m² of living space over three levels.
Layout
Ground Floor: Patio, living room, kitchen, guest WC, and storage under the staircase.
First Floor: 2 bedrooms with wardrobes and 1 bathroom with shower.
Second Floor: 1 bedroom with wardrobe, 1 bathroom with bathtub, laundry room, and a small terrace.
The riad is currently operating as a short-term rental, generating an annual turnover of €45,000 – €48,000. After concierge management (20%) and a full-time housekeeper, the property produces around €2,000 net income per month.
A great opportunity for investors seeking a high-performing rental riad in a prime Medina location
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