Douiria Kasbah to renovate, turnkey

Small douiria to renovate in the Kasbah – Turnkey project by Mediina Mediina offers a fine investment opportunity on a small douiria located in the Kasbah of Marrakech, in the heart of the medina, in a sought-after area for its charm, accessibility and strong rental potential. The property covers approximately 51 m² on the ground and offers very good potential after renovation. Its compact layout makes it possible to envisage creating a privatised riad with 2 bedrooms, ideal for short-term rental, or a charming second home to enjoy Marrakech during holidays. This is a rare product at this budget level: affordable, well located, easy to position and perfectly suited to clients looking for a small authentic, intimate and profitable riad. The aim of the project is simple: buy a raw douiria, renovate it, furnish it, decorate it, then operate it as a short-term rental or keep it as a second home. Projected key figures: Acquisition price: 950 000 MAD Estimated overall budget of the operation: 205 000 euros Works, furniture and decoration: 96 000 euros Notary fees, land titling, architect, engineering office and support included Estimated total duration: 16 months Resale scenario: property dealer operation Target value after renovation: 321 000 euros Projected net margin before tax: 116 000 euros Short-term rental scenario Estimated annual rental income: 55 000 euros Estimated net yield before tax: 20.13% Mediina supports the investor throughout the whole project: Selection and analysis of the property Legal and administrative checks Titling and securing of the file Project design Works costing Site supervision Furnishing and decoration Short-term rental management or resale strategy This opportunity is aimed at an investor looking for an affordable small riad, well located and with genuine potential for appreciation…