KASBAH, riads contigus à restructurer, 155 m2
Michouar — Marrakech
- Asking
- $259,718
- Fair value est.
- $319,735 – $386,118Below range
- Capex
- $85,421 – $155,310
- Total investment
- ~$376,201
- Gross Yield Est.
- 38% – 58%$144,338 – $216,506
- Signal
- Caution
- Benchmark
- −26% vs Michouar mediann=4 · as of May 2026
Solid private-residence candidate, but based on limited comparables (n=4); based on indicative data — viable only if independent verification is obtained
Private residence
Operator looking for hospitality-driven yields
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.
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