Last refreshed Apr 28, 2026

137m² riad for sale in Sidi Mimoun, Marrakech — Underpriced, Guesthouse

Independent intelligence profile for this guesthouse / maison d'hôtes riad in Sidi Mimoun, Marrakech. Asking 3 672 000 MAD (26 803 MAD/m²), positioning: underpriced.

Riad investment snapshot

Asking price: $367,934
Price per m²: $2,686/m²Underpriced
Bedrooms: 3
Built surface: 137 m²
Best use: GuesthousePartial hospitality fit
Renovation class: Moderate renovation
Execution difficulty: Moderate
Estimated capex: $34,319 – $75,501mid $54,910
Sidi Mimoun benchmark: $4,175/m²median price/m²

This 3-bedroom riad in Sidi Mimoun (137 m² built) is listed at $367,934 ($2,686/m²). RiadIntel classifies it as underpriced relative to the Sidi Mimoun median of $4,175/m². It is best operated as a guesthouse with a moderate renovation renovation profile and moderate execution.

Property facts

floors2

bedrooms3

bathrooms3

roomCount5

landSurfaceM2137

builtSurfaceM2137

Pricing

Asking price$367,934

Price per m²—Underpriced

Fair value band

Min—

Mid—

Max—

Best use

PrimaryGuesthouse

Secondary—

Hospitalitypartial

Commercial scalesmall

Execution & capex

RenovationModerate renovation

Legal frictionLow

Difficulty—

Market context

Sample size5comparable riads

Median / m²$4,175

p25 / m²$2,686

p75 / m²$6,012

Benchmark confidence: 60%

Media

Investment analysis

At $2,686/m², the asking price sits well below the Sidi Mimoun median of $4,175/m² (n=5). RiadIntel's fair-value band for the property is $367,934 – $823,644. Best operated as a guesthouse with a partial hospitality fit at small commercial scale. Execution carries a moderate renovation renovation profile, moderate execution complexity, low legal friction, estimated capex of $34,319 – $75,501.

Asking $2,686/m² (underpriced)
Sidi Mimoun median: $4,175/m²
Mid-point capex: $54,910
Best use: Guesthouse

Frequently asked questions

Is this riad in Sidi Mimoun fairly priced?+

Riadata's pricing engine classifies this property as underpriced at 26 803 MAD/m².

What is the best use for this property?+

Best-fit usage is guesthouse / maison d'hôtes based on layout, scale, and execution profile.

What renovation effort should I expect?+

Estimated renovation class: moderate renovation, with medium execution difficulty.

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Based on 277 tracked riad listings across Marrakech Medina (2024–2026).