Nº N02 · Investment building for sale · Casablanca
Acacia Studios, an investment building in Casablanca
- Asking price
- €4,100,000
- Address
- Rue Ahmed El Kadmiri
- Land
- 450 m²
- Floors
- 3
- Studios
- 16 furnished
- Shops
- 2 already let
- Shop rents per month
- 40,000 + 35,000 MAD
- Studio revenue per month (stated by the owner)
- ≈ 250,000 MAD
- Parking
- High-end parking on site
- Title
- Separate land titles for each unit (titres fonciers éclatés)
- Licence
- Licensed for the activity
- Presented by
- A member house of the Cercle
Particulars
A recent building of three floors in central Casablanca, sold whole as a working investment: sixteen furnished studios let to short-stay guests, and two ground-floor shops already let.
The entrance is dressed in black granite under a crystal chandelier, with walnut-panelled halls, marble floors and a lift to every floor. Each studio has its own kitchen, a marble bathroom and, on the upper floors, a balcony over the trees; access is by digital lock.
The building holds the licence for its activity and its land titles are split unit by unit, which leaves a buyer free to keep it whole or to sell studios one by one. Revenue figures, leases and accounts are shared with the introduced buyer.
