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Kennaria, Marrakech
Riad titré à vendre à 1 min 30 de Jemaa el Fna
$2M
Overpriced
Asking price clearly above district benchmarksRiadIntel deal report
Kennaria — Marrakech
- Asking
- $2M
- Fair value est.
- $759,411 – $2MAbove range
- Gross Yield Est.
- 3% – 4%$59,004 – $88,506
- Signal
- Caution
- Benchmark
- +140% vs Kennaria mediann=5 · as of Apr 2026
Verdict
Strong guesthouse potential — priced ~140% above the fair value estimate, based on limited comparables (n=5), and confidence is low, 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
Confidence note:Low confidence · 2 main risk(s) flagged · limited comparables (n=5)
Bedrooms7
Bathrooms6
Surface Area270 m²
Floors-
Location
Kennaria· Marrakech
Browse district →Central medina pocket near the Bahia Palace and the eastern souks. Mixed residential-commercial fabric; many traditional riads with intact zellige and tadelakt detail.
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.
District area — exact riad location not shownOpen
Renovation Concepts
Before
AI-generated renovation concept. Results may vary.
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