Riad à vendre à Michouar. 6 chambres agréables. Salon traditionnel
Michouar — Marrakech
- Asking
- $350,700
- Fair value est.
- $330,049 – $398,573In range
- Capex
- $88,176 – $160,320
- Total investment
- ~$470,940
- Gross Yield Est.
- 37% – 55%$173,205 – $259,808
- Signal
- Caution
- Benchmark
- −3% vs Michouar mediann=4 · as of May 2026
Strong guesthouse potential, but priced near the upper boundary of the fair value range; based on limited comparables (n=4); based on indicative data — viable only if independent verification is obtained
Guesthouse
Investor needing fully passive ownership
Location
Michouar· Marrakech
Browse district →Supply is thin and skews to small owner-operated guesthouses or private homes rather than scaled riad product, so underwriting should assume limited direct comp data and a narrower buyer pool.
Supply is thin and skews to small owner-operated guesthouses or private homes rather than scaled riad product, so underwriting should assume limited direct comp data and a narrower buyer pool. Positioning is generally midscale boutique where conversions are feasible, but palace-adjacent restrictions cap upper-upscale inventory growth and constrain luxury repositioning.
Vehicular access is uneven and can be restricted near palace-controlled edges, so guest arrival planning should include defined taxi drop points and porter staffing for luggage.
Demand is primarily leisure FIT, largely European with some domestic peak-period demand, so sales strategy should focus on direct and OTA channels rather than group contracting.
Renovation risk is above average because palace-area controls can limit façade changes, rooftop uses, and heavy works, so buyers should make closing conditional on permit diligence and architect review.
District Price Benchmark (per m²)
Renovation Concepts
AI-generated renovation concept. Results may vary.
Full Intelligence Report — Locked
- AI verdict & deal assessment
- Recommended next step for this deal
- Risk factors & pricing analysis
Unlock the full deal analysis
Get pricing benchmarks, capex bands, execution risks, and our buy/skip verdict on this riad. Free, one-time access — no spam, no calls unless you ask for one.