RiadIntel
Traditional bedroom in Kennaria guesthouse with white linens, art, shelving, archway, and staircase.
Kennaria, Marrakech

Kennaria riad 3 chambres rénové, bassin

$434,704
Overpriced
Asking price clearly above district benchmarks
TurnkeyEasy
Kennaria riad 3 chambres rénové, bassin
RiadIntel deal report

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
Verdict

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

Next step:Validate title, renovation scope, and comparable guesthouse revenue before treating the current asking price as workable.
Best for

Guesthouse

Not ideal for

Investor needing fully passive ownership

Data QualityIndicative
Comparables5 comparable riads identified
Data CoverageTitle verification pending · Full due diligence required
Bedrooms3
Bathrooms3
Surface Area52 m²
Floors3

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 area — exact riad location not shownOpen

District Price Benchmark (per m²)

p25$2.8K
Median$3.1K
p75$5.9K
Sample: 5 riadsConfidence: 60%
0  other riads currently on the market in Kennaria.

Renovation Concepts

Property before renovation
Before

AI-generated renovation concept. Results may vary.

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