R+5 Building Gueliz - Image 1
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Gueliz, Marrakech

R+5 Building Gueliz

MAD36,000,000

2837 m²

Total area

Property Description

Multi-Purpose Building for Sale – Gueliz, Marrakech Near Carré Eden

Located in the heart of the sought-after Gueliz district in Marrakech, 500 meters from Carré Eden in a quiet neighborhood, this 5-story plus mezzanine multi-purpose building offers a unique combination of residential apartments and a school space that can be transformed to suit your needs. Designed by the renowned architectural studio Zouhair El Ouarzazi, this building combines quality construction, functionality, and exceptional investment potential.

Surface Area and Layout:

  • Total surface area: 2,837 m²
  • Ground floor and mezzanine: 390 m² + 177 m²
  • 1st floor: 368 m²
  • 2nd floor: 354 m²
  • 3rd floor: Two 2-bedroom apartments with glass-enclosed balconies
  • 4th and 5th floors: Two luxury apartments of 333 m² and 367 m² featuring a master suite, additional bedrooms, equipped kitchens, living rooms with a fireplace, dining rooms, and bathrooms.
  • Rooftop terrace: Insulated with natural materials, with structures designed to accommodate a swimming pool.
  • Basement: 464 m² parking garage optimized for easy parking.

Versatility and Commercial Potential:
The space originally intended for a school can be operated or transformed into offices, shops, restaurants, a wellness center, or any other project tailored to your needs. The ground and first floors offer strategic commercial potential, ideal for generating substantial rental income.

Exceptional Investment Opportunity:

  • Purchase price: 36,000,000 Dhs
  • Estimated value: ±60,000,000 Dhs (calculated based on the price per m² in the area, ±25,000 Dhs/m²)
  • Estimated rental income for apartments: up to 80,000 Dhs per month
  • Apartment resale potential: ±27,000,000 Dhs, representing a yield close to 77%

Additional Features:

  • 2 separate entrances
  • 1 elevator and 2 stairwells + emergency staircase
  • Backyard that can be used as a terrace

This building represents a rare investment opportunity in Marrakech, offering rental yield, asset appreciation, and flexibility of use. Its central location and architectural design make it an ideal choice for investors and real estate developers.

Summary

Total area

2837 m²

Location

Gueliz, Marrakech

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