A London couple hunts for a dream home in Marrakesh
- Ms. Bailey and Mr. Bailey sought a property in Marrakesh, Morocco, with a budget of 300,000 to 600,000 euros.
- They evaluated various homes, including a five-bedroom riad and a four-bedroom riad, looking for a place to rent and eventually retire.
- Their search highlights the appeal of owning property in a historic site, despite facing bureaucratic challenges.
In recent months, a London couple, Ms. Bailey and Mr. Bailey, embarked on a quest to find a residence in the medina quarter of Marrakesh, Morocco. This endeavor aimed to identify a property that could serve as both a rental and a vacation home before they eventually retire there. The couple had a budget that ranged from 300,000 to 600,000 euros, which translates to approximately $310,000 to $620,000. They desired a home rich in cultural heritage within a UNESCO World Heritage site, allowing them to experience the charm of a location steeped in history. Throughout their search, the Baileys evaluated several potential properties. One notable option was a five-bedroom riad located in the lively Kennaria Quarter. This spacious home featured five en suite bedrooms, a charming plunge pool, and a spacious roof terrace suitable for dining. With a total area of 1,400 square feet and situated on a quiet street, it offered a retreat from the bustling nearby markets and cafés. Priced at around €500,000, or roughly $515,000, this riad exemplified the kind of affordable yet appealing property the couple was seeking. Another property the couple explored was a recently renovated four-bedroom riad in the Bab Doukkala neighborhood. This residence, located on a tranquil lane, came furnished and included modern amenities like air conditioning and a plunge pool. The property was particularly appealing due to its two terraces offering breathtaking views of the surrounding medina, which served as an attractive feature for potential renters and vacationers. The couple further weighed the unique aspects and conditions of each property against their budget constraints and their long-term goals. In navigating the real estate market in Morocco, the Baileys faced challenges typical of international property transactions. They encountered substantial bureaucracy and red tape that deviated from their experience in the online-centric real estate systems of the UK. Despite these challenges, both Ms. Bailey, who works for a large British bank, and Mr. Bailey, a director in financial services, remained committed to finding their ideal home. Their exploration of Marrakesh represents not only their investment in real estate but also a desire to immerse themselves in a new culture that stood in stark contrast to their life in London.