Riad for Sale in Medina
Riad for Sale in the Medina of Marrakech
The Medina of Marrakech is the most prestigious address for riad ownership. A UNESCO World Heritage Site since 1985, its labyrinthine streets make it irreplaceable — no new riads can be built here, giving existing properties genuine scarcity value.
Price Ranges in the Medina (2026)
- Entry-level (60–90 m², needs renovation): 900,000 – 1,600,000 MAD
- Mid-range (100–150 m², partially renovated): 1,800,000 – 3,500,000 MAD
- Premium (150–250 m², fully renovated, pool): 3,500,000 – 8,000,000 MAD
Title Considerations in the Medina
A significant proportion of properties in the historic Medina carry Melkia title rather than a registered Titre Foncier. Homes365 coordinates full due diligence through licensed Moroccan notaries and the Conservation Foncière before any offer is made.
Airbnb Potential
Medina riads on Airbnb command nightly rates between 800 MAD and 4,500 MAD. Proximity to Jemaa el-Fna drives near-constant occupancy year-round. A 4-room riad can generate 200,000–380,000 MAD gross annually.
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WhatsApp contact@homes365.ma +212 662-713050Yes. Moroccan law permits foreigners to purchase real estate freely. The transaction must go through a licensed Moroccan notary, and funds must be transferred via official banking channels (SWIFT transfer). Once complete, the owner can repatriate proceeds from a future sale subject to proof of original import of funds.
A titled riad (Titre Foncier / Immatriculé) is registered in Morocco's national land registry (Conservation Foncière), providing unambiguous, guaranteed ownership. A Melkia property is documented through traditional notarial deeds but is not registered. Titled properties are simpler to transfer and can be mortgaged; Melkia properties require additional due diligence and legal support.
Buyers should budget approximately 7–9% on top of the purchase price: registration tax (3%), notary fees (1–1.5%), legal and conservation fees (1.5–2%), and agency commission if applicable.
From accepted offer to final deed (Acte de Vente), the process typically takes 30–90 days. Foreign buyers can complete remotely using a notarised power of attorney.
A well-renovated riad with 3–5 rooms in a prime Medina location typically generates gross rental yields of 8–14% annually via short-term rental platforms. Yield depends on occupancy rate, nightly pricing, management costs and seasonal demand.
No. Foreign buyers can grant a power of attorney (procuration) to a trusted representative or notary in Morocco, allowing the entire process to be completed remotely. Homes365 can assist with coordinating this process.