
Kennaria riad 3 chambres rénové, bassin

Kennaria — Marrakech
- Asking
- $434,704
- Fair value est.
- $146,257 – $304,533Above range
- Capex
- $0 – $15,631
- Total investment
- ~$442,519
- Gross Yield Est.
- 7% – 11%$31,571 – $47,357
- Signal
- Caution
- Benchmark
- +170% vs Kennaria mediann=5 · as of May 2026
Strong guesthouse potential — priced ~170% above the fair value estimate, based on limited comparables (n=5), so the asking price is negotiated or the asset repositioned before this becomes workable
Guesthouse
Investor needing fully passive ownership
Location
Kennaria· Marrakech
Browse district →Budget-to-midscale boutique dominated; 4–10 key assets are typical.
Budget-to-midscale boutique dominated; 4–10 key assets are typical. Limited upper-end product near Bahia-facing routes. Value creation requires room upgrades, rooftop programming, and distribution improvement — not aspirational luxury rate assumptions.
Pedestrian-only final approach in most lanes; nearest taxi edge is typically 150–300m.
European leisure FIT leads.
Standard medina risk profile: moisture, aging lime render, title and neighbor-interface issues, constrained material access.
District Price Benchmark (per m²)
Renovation Concepts

AI-generated renovation concept. Results may vary.
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