Riad Mogador OFM - regular riad for sale in Essaouira
Riad Mogador OFM - riad for sale in Essaouira
CHARMING GUESTHOUSE – 10 BEDROOMS – ESSAOUIRA MEDINA
Located in the heart of Essaouira’s historic medina, this elegant and characterful guesthouse, which has been successfully run for over 12 years, represents a rare opportunity to acquire a turnkey hospitality business.
Behind a discreet façade, the property reveals authentic architecture, enhanced by careful renovation and meticulous maintenance, offering a warm and refined atmosphere.
Key features
10 en-suite bedrooms
Floor area: 167 m²
Built area: 560 m²
Panoramic terrace: 160 m²
Very good overall condition
Land title
A high-performing business
The guesthouse enjoys a strong position in the tourism market:
Occupancy rate: 85% to 90%
Loyal and international clientele
Excellent online reputation
The business is perfectly structured, allowing for an immediate takeover without a transition period.
A sought-after location
Situated in one of the most sought-after neighbourhoods of Essaouira’s medina, the property benefits from:
an authentic setting
strong tourist appeal
easy access to the main attractions
Potential for value enhancement
Beyond its current performance, this property still offers scope for optimisation:
turnover growth
enhancement of the terrace (experiences, catering)
improved yield management
A rare asset on the market
Guesthouses of this capacity, in good condition and with a solid operating history, are particularly sought-after and rarely available for sale.
Our view
An exceptional opportunity to acquire a charming riad combining immediate profitability, operational stability and capital appreciation, in one of Morocco’s most sought-after destinations.