Morocco
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Palace for sale Circuit de la palmeraie, Marrakech, Marrakesh-Safi
Arab-Andalusian palace of 4500 m2 covered built on a plot of 4 hectares in one of the most sought after areas of the palm grove of Marrakech. It is organized by a common part composed of a concierge, a large library lounge, a home cinema, a gym, a hammam, a massage room, a relaxation lounge. The interior of the palace houses two patios, the first in its center accommodates a pond, the second an Andalusian garden. Six private villas of 350 m2, separated by an alley, open onto the outside and each have a garden with a private 11 x 5 swimming pool and private parking. Each has 4 bedrooms, bathrooms, living rooms, fireplace. One hectare is still to be built and is authorized for 1500 m2 in tourism. It takes around € 1.5 million to complete the project. A hotel, restaurant and event project of this scope can make a return on investment in less than 5 years. TripAdvisor ranked Marrakech in 2018, the 8th tourist destination in the world, ahead of New York and London. The best investment of the moment.
Additional Property Information:
• Rooms: 32
• Bedrooms: 24
• Bathrooms: 24
• External size: 40,000 m²
• Size: 4,500 m²
• Address: Circuit de la palmeraie
• Balcony count: 6
• Floor: 1
• Floor Count: 1
• Reference: VM348
• Status: To be restructured
• Terrace: 240 m²
• Year of construction: 7
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