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Luxury 5-Bedroom Riad For Sale in Fes Medina, Morocco Successful Riad Boutique Hotel In The Medina Of Fes Asking Price: 950,000 € (Negotiable) Well-established Riad guesthouse in the medina of Fes, offered for sale fully furnished and equipped. Five suites (each with own bath), library, salon with fireplace, large laundry and staff area, professional kitchen, TV salon, and extensive furnished roof terrace with unsurpassable views (360 degrees) over the ancient medina of Fes. The interior courtyard is the highlight of the riad, with beautifully restored 4-meter tall cedar doors, ornate sculpted plaster, mosaic tiling, an antique bartal (wooden canopy), and central fountain.
Fantastic investment opportunity to purchase a thriving business with high occupancy rates (average 75%) and a healthy bottom line.
The sale includes the website, all existing bookings, marketing agreements, and goodwill. The riad is included in most major travel guides and has been featured in Vogue, Harpers Bazaar, Conde Nast Traveller, and other respected publications.
The riad has all relevant operational licenses and permits and has been inspected and approved by the Ministry of Tourism (most recent inspection June 2009).
The riad has four full-time staff, most of whom have been with us for over three years and are fully-trained.
We are selling in order to pursue other interests and do not wish to manage the property from abroad.
We would be available (upon request) to assist with the transition.
Will consider financing and rental options.
 | | About This Property | |
| Category: | | Bed and Breakfasts | | Address: | | Fes Medina
Morocco | | For Sale By: | | Owner | | Construction Year: | | n/a | | Area: | | 825 m2 | | | Bedrooms: | | 5 | | Bathrooms: | | 8 | | Sleeps: | | 12 | | Stories: | | 4 | | Parking Spaces: | | n/a | |
| | Features - Amenities | |
| - Furnished
- Appliances
- Maid's Quarters
- Maid's Bathroom
| | - Balcony
- Terrace
- Patio
- Mountain View
| | - Fully-Furnished And Equipped
- Professional Kitchen
- Company Car Included In Sale
| | | Pictures (click to view a larger image) | |
| | Contact - More Information | |
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