Buy

+17

Riad Damanos

Marrakech

24 408 000 MAD

≈ 2 260 000 €

37 551 MAD/m²

0 Rooms

650.0 m²

— Bathrooms

About this property

Just a 3-minute walk from the Bahia Palace, this guesthouse has been successfully operating for over two decades in a prime location within the medina. Set on a 320 m² plot, the property features 9 suites arranged around a magnificent leafy patio, creating an authentic and tranquil atmosphere. The riad also includes a spa, accessible to both guests and outside visitors, which is a significant asset for the business. It has a loyal international clientele. There is potential for expansion with the neighboring riad currently for sale, approximately 250 m², allowing for coherent development. This property combines charm, a sought-after location, and an established business in the heart of Marrakech's medina.

Market Insight

86% above neighborhood average

This property 37,551 MAD/m²

City avg. 20,188 MAD/m²

Price trend (12 months)

Feb

Mar

Apr

May

18,964 20,188

Neighborhoods in Marrakech

About	MAD/m²	listings
Targa	11,712	36
Semlalia	12,546	8
Agdal	21,182	43
Route de Ourika	22,454	56
Amelkis	24,033	140
Palmeraie	27,278	89
Gueliz	27,986	24
Bab Doukkala	31,435	4

Legal & Safety Guide

Common Title Type

Verify the title status of this property with the Conservation Fonciere before purchasing.

Buyer's Checklist

1
Verify the titre foncier at the Conservation Fonciere
2
Check for liens or mortgages (hypotheques)
3
Confirm building permits (permis de construire)
4
Review syndic fees and building regulations
5
Engage a notary before signing any contract

Verify at Conservation Fonciere

Features

Spa

Central location

Garden

Terrace

Furnished

Security

Property Details

Type Riad

Transaction Buy

Price

24 408 000 MAD

≈ 2 260 000 €

Area 650.0 m²

Rooms 0

Bathrooms

Location Marrakech

Reference DOM-10601

Published May 09, 2026

Location

Marrakech, Marrakech

Listed by

Christie's Real Estate Morocco

Christie's International Real Estate Morocco

Verified

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Cost estimate

Monthly payment

123 534 MAD/month

20% down payment, 4.5%, 20 years

Mortgage Calculator

Notary honoraires

1 849 679 MAD

Incl. conservation, registration, stamps, honoraires & VAT

Notary Fees Calculator

Total purchase cost

26 257 679 MAD

Property price + estimated notary fees

Domio.ma advises you to look into interest-free (riba-free) financing alternatives. The choice of financing method remains your personal responsibility.