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Details

2 days agoThis is located at the very center of Marrakech, only 10 minutes away from the medina and the famous Jemaa el Fna place, in the area most appreciated by international tourists. It is currently doing well and has a beautiful mixed architecture, taking the best of both modern and traditional architectures, along with a large garden and a large, beautiful swimming-pool. Here is a summary of the technical details :

1. 57 Rooms
2. 4 Offices
3. 1 Meeting Facility
4. 2 Swimming Pools
5. Gym And Spa
6. 1 Bar And 4 Restaurant.
Reason for selling : The owner has difficult financial situation.

Expansion Potential:
The opening to China with the removing of visa requirements for Chinese citizen, as well as the building of many new luxury malls, is a golden opportunity for the local market to drag more and more tourists from that emerging market. As the hotel is located in city center and hence close to the malls and main cultural attractions, it will be able to drag a good share of this new market.Asking price is only 5 Million USD
Only prospective buyers who provide LOI and POF will be considered. Draft docs will be provided upon request

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