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Hotel Marrakech

Full Description

This is an opportunity to purchase a part-finished hotel that looks out over a beautifully manicured golf course.
The hotel is in the South East of Marrakech, in a quiet area with good transpor access to the airport and old town.

The property comes with full architect blueprints for the completion of an imposing 5-star property comprising of:

- 76 Suites
- 3 Royal Suites (private pool)
- 2 Villas (garden & private pool)

IMPORTANT: Numerous hotel management chains are showing interest in managing the completed hotel, but require the building to be reconfigured to deliver a minimum of 120 rooms. We have been advised that this would be a relatively simple reconfiguration of the current space.

The property has a total built area that breaks down as follows:

- Total Area: 303,157 sqf
- Basement: 83,421 sqf
- Garden Floor: 50,052 sqf
- Ground Floor: 43,056 sqf
- 1st Floor: 50,321 sqf
- 2nd Floor: 51,667 sqf
- Pool Café: 13228 sqf
- Outdoor Infrastructure: 11,302 sqf

The current plans include space allocated for:

- Ground floor international restaurant
- 1st floor Gourmet restaurant
- Lobby Bar 4090 sqf
- Lounge Bar
- Banquet Room with 180 seats
- Conference Room 16361 sqf, 235 seats
- Night Club 13422 sqf (basement)
- Spa 35090 sqf
- Cooking School (Capacity 10)
- Boutique 4090 sqf
- Outdoor Pool
- Tennis


There are several options for any purchaser:

Option 1: Complete Hotel
Purchase the hotel at the asking price, complete according to the existing specifications and manage the 5-star hotel.

Option 2: Reconfigure Hotel
Purchase the hotel, reconfigure to a 4-star specification and appoint an branded hotel operator to take it over.

Option 3: Whole Resort
The owner has indicated that he may also be willing to sell the golf course, spa facility, astronomy centre and various pieces of adjoining land.

Key Information

Property ID: 18596930
Location: Morocco, Marrakech-Tensift-Al Haouz, Marrakech
Categories:
  • Commercial
  • Hotel
Bedrooms: 0
Bathrooms: 0
Price:
  • £13,257,660
  • €14,950,000
  • $17,950,470
Short Description:

Part-finished hotel in Agdal tourism zone including 9-hole golf course. Approximately 15m euros needed to finish construction to 4-star standard.