Ourika Road
Marrakech

EXLUSIVE – Morocco Sotheby’s International Realty in Marrakech presents, Route de l’Ourika, this hotel residence in operation which consists of 20 flats, a wellness area, a swimming pool and a restaurant area. The complex is nestled on a 6650m² plot of land.

The Residence occupies the central part of a private estate of 30 villas, recently handed over to their owners. The hotel residence comprises 20 flats in a ground floor + 1 floor complex. Each flat has 2 bedrooms with en suite bathrooms, a lounge-dining room, an open-plan kitchen and, depending on the location, a private garden or terrace. Each unit has between 80 and 85m² of living space. In addition to the accommodation, there is an initial area on the first floor where residents can be welcomed and rooms dedicated to the administration of the residence.
Following on from this, a building is dedicated to the well-being area. It includes a gym and two massage rooms. Marking the end of this tourist complex, the residence’s swimming pool is bordered by its restaurant area.
The architectural signature of this complex is a contemporary reinterpretation of the housing typical of the Marrakech region. Facing the Domaine, the horizon is disturbed only by the Atlas Mountains.

Nearby: golf course, restaurants, sporting activities.

Additional information:
> This offer covers the purchase of the property (land and buildings);
> This tourist complex represents an attractive rental investment;
> The residence is in operation. A 3 – 6 – 9 year commercial lease governs the owner/lessor relationship;
> Estimated return on investment (ROI) = 15 years (including acquisition and management costs and taxes over the entire reference period).
> Estimated rental yield = 8%.

For further information, please contact Laurent Galès on +212 6 21 34 48 21