RiadIntel
Bright courtyard with wicker furniture in a Kennaria guesthouse.
Kennaria, Marrakech

Vente riad 136m² bassin titre à kennaria

$497,794
Overpriced
Asking price clearly above district benchmarks
Light refreshEasy
Vente riad 136m² bassin titre à kennaria
RiadIntel deal report

Kennaria — Marrakech

Asking
$497,794
Fair value est.
$239,074 – $497,794Above range
Capex
$8,517 – $21,293
Total investment
~$512,698
Gross Yield Est.
8% – 12%$42,095 – $63,143
Signal
Caution
Benchmark
+89% vs Kennaria mediann=5 · as of May 2026
Verdict

Strong guesthouse potential — priced ~89% 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
Bedrooms4
Bathrooms4
Surface Area85 m²
Floors-

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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