RiadIntel
Salon with purple walls, red floors, wooden furniture, a TV, and skylight in Bab Lhmar guesthouse.
Bab Lhmar, Marrakech

MELLAH – riad à rénover dans quartier en devenir

$135,270
Underpriced
Heavy renovation needed — capex and…
Heavy renovationComplex
MELLAH – riad à rénover dans quartier en devenir
RiadIntel deal report

Bab Lhmar — Marrakech

Asking
$135,270
Fair value est.
$171,669 – $284,673Below range
Capex
$60,621 – $110,220
Total investment
~$217,935
Gross Yield Est.
33% – 50%$44,882 – $67,322
Signal
Caution
Benchmark
−35% vs Bab Lhmar mediann=3 · as of Apr 2026
Verdict

Strong guesthouse potential, but based on limited comparables (n=3); confidence is low due to incomplete data — viable only if a deeper data check resolves the confidence gap

Next step:Expand comparable data beyond the 3 current listings, then validate title and renovation scope before any offer.
Best for

Guesthouse

Not ideal for

Investor needing fully passive ownership

Confidence note:Low confidence · 2 main risk(s) flagged · limited comparables (n=3)
Bedrooms4
Bathrooms1
Surface Area110 m²
Floors-

Location

Bab Lhmar· Marrakech

Browse district →

Inside the historic medina of Marrakech. We don't have a curated guide for this specific sub-district yet — the map shows the city centre as a reference.

Generic district reference

District Price Benchmark (per m²)

p25$1.6K
Median$1.9K
p75$2.6K
Sample: 3 riadsConfidence: 30%
0 other riads currently on the market in Bab Lhmar.
District area — exact riad location not shownOpen
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