House for sale in Haroun Rachid – Souani

We offer for sale a property located in the Haroun Rachid neighbourhood, in Souani, Tangier, with a land area of 297 m². The property currently consists of 5 apartments and 2 garages, all rented, thus offering an existing rental income source from the moment of acquisition. This property represents an excellent opportunity for investors seeking a profitable real estate asset, with interesting development potential. It also offers the possibility, subject to administrative authorisations and the urban planning regulations in force, to demolish the existing building and construct a new building that could accommodate up to 16 apartments, depending on the project envisaged and the authorisations obtained. Whether to continue the current rental operation or to develop a new real estate project, this property presents interesting potential in the Souani area of Tangier. An opportunity not to be missed for investors and property developers.