Traditional Riads in Marrakech - From £50k

[investorsprovident]

Traditional Riads with a complete turnkey renovation package – Prices from only £50,000

Key highlights

• Located in Marrakech Medina
  
• Spectacular views from own terraces
  
• Renovation riads cost almost 1/3 of a restored riad
  
• Minimum 30% capital appreciation achievable
  
• Huge demand for elegantly restored riads
  
• Exit strategy due to Marrakech's fascinating culture and charm
  
• Refurbished by professional and reputable builders
  
• Complete turn key solution from purchase, renovation and resale

How does it work?

Many agents advertise un-renovated riads for just £50,000, but what the pictures don't show is the time and cost that restoration involves. If the idea of trawling around Marrakech trying to find an estate agent is an issue, let Investors Provident ease the hassle of finding a suitable property inside or outside the medina walls. With a large selection of riads on offer, we have something that suits your budget.

Once identified, we walk you through the buying process - From liaising with notaries, surveyors, architects to the constructor, we'll be with you all the way. In fact, we take on the whole project management and run the renovation services including organising the labour – A task which is impossible for purchasers who live outside the city and can't speak the language! All associated costs inc. purchasing, renovation and resale are presented upfront to clients.

Our construction partner in Marrakech employs over 120 builders and has been operating in the area for 9 years. All costs for refurbishment work are "notarised" and offered as a fixed price with penalties for late delivery. Our associate Immobilier has a large number of collaborators with clients from France, Germany, Spain and UK.

70% finance is available for initial purchase & construction phases. Rental income for a riad with five en-suite rooms can be as high as €1,000 (£675) a night, and the city break market is strong.

Your options

Option 1 – Sell Your Riad When Completed
Excellent short term gains: Once renovated, we will arrange for the re-sale through our Immobilier network. The network has existing clients from France, Germany, Sweden, UK and US who are actively seeking "ready to move in" Riads.

Option 2 – Retain Your Riad For Rental
Clear your expenses and look forward to capital growth: The climate allows all year round comfortable living, and for all year round tourists. Opportunities for high yields on both long and short term rentals returns are excellent. We will introduce you to rental agents who can market and manage your property as well.

Option 3 – Enjoy Full Retention For Personal Use
With peace of mind that when your not there your investment is secure: Many buyers enjoy the unique atmosphere of Marrakech and have decided to purchase for either full or part-time living. We can arrange for your Riad to be looked after when you're not there, even arrange at very little expense for a live in caretaker.

For more information, please visit: Marrakech Riad - Traditional riads in Marrakech, Morocco