Property Type: Renovated riad

Why are we talking about refurbished riad, rather than simply Riad? In the Medina of Marrakech, in the early 2000s, most riads used to require heavy work. Some used to fall into ruins. When European started to be interested in the market of riads in the Medina of Marrakech they started to buy AND renovate. There used to be nothing else on the market as palaces, lovely houses, riads and small houses with patios that needed to be restored. Some would be fully rebuilt, others woul be preserved in their original architectural features.

From 2005/2006, we begin to find renovated riads in Marrakech. Some foreigners offer them for sale. They then sell them for very expensive because they are rare. In general from 2500 euros / m2.

Our real estate agency Côté Médina experienced all this changing market of riads with this slip from non-renovated riad market to a market of renovated riad. The market has also slipped a market where Europeans were buyers and Moroccan the sellers to a almost 100% European market. This has protected the medina. Indeed, if foreigners had continued to buy riads for renovation (and therefore riads inhabited by Moroccan families) at the same rate as in the early 2000s, the life of the medina would have disappeared: neighborhood, hammams, bread ovens, small grocers would have closed for lack of customers. Local life with its own rhythms would have also disappeared (Ramadan, holly fests, non-busy Friday …). European buying riads do not live at all in the same way as Moroccan. Moroccans of the medina are the heirs of an ancestral life, they help to preserve and continue.

Since the 2010s, an investor who seeks a renovated riad will have a wide selection of goods: the renovated traditional riad, the Riad rebuilt, through the contemporary style riad, or simply a happy blend of tradition and modernity. Note, with decreasing prices, we can again offer beautiful surfaces, a charm in one of the most beautiful cities in the world: Marrakech!

Artfull living – 3 bedrooms with bathrooms – Jewel of the Moroccan handicraft

Artfull living – 3 bedrooms with bathrooms – Jewel of the Moroccan handicraft

3 3 145 m² 103 m² 210.000
Charming Riad – 3 bedrooms, 3 bathrooms – near Dar Si Said Museum

Charming Riad – 3 bedrooms, 3 bathrooms – near Dar Si Said Museum

4 3 145 m² 103 m² 165.000
Charming traditional house, near the souks, parking at 30m, overlooking gardens!

Charming traditional house, near the souks, parking at 30m, overlooking gardens!

4 4 160 m² 121 m² 215.000
Location # 1, breathtaking terrace … it’s all a big!

Location # 1, breathtaking terrace … it’s all a big!

5 5 260 m² 143 m² 580.000
Rare: Walls for sale. Ideal for restaurant project!

Rare: Walls for sale. Ideal for restaurant project!

110 m² 64 m² 150.000
Riad 4 bedrooms, 3 bathrooms, to refresh

Riad 4 bedrooms, 3 bathrooms, to refresh

3 2 100 m² 120 m² 160.000
Charming traditional riad, nice bright patio, amazing view from the terrace

Charming traditional riad, nice bright patio, amazing view from the terrace

4 4 145 m² 127 m² 260.000
Traditional house of the medina of Marrakesh, 3 bedrooms

Traditional house of the medina of Marrakesh, 3 bedrooms

3 2 88 m² 86 m² 70.000
Contemporary and cozy riad with pool on the roof top

Contemporary and cozy riad with pool on the roof top

3 2 100 m² 78 m² Sold
Charming little Riad 3 bedrooms – Kasbah – Easy car access

Charming little Riad 3 bedrooms – Kasbah – Easy car access

3 3 120 m² 70 m² 135.000
Rare: authentic riad having retained its original character

Rare: authentic riad having retained its original character

4 3 180 m² 150 m² 215.000
Charming little riad with heated pool and jacuzzi

Charming little riad with heated pool and jacuzzi

3 3 100 m² 76 m² 125.000
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