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Old 26-08-2008, 02:14 PM
Tangier Tangier is offline
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Join Date: Aug 2008
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Originally Posted by ********* View Post
I agree with you sunnyshores its all to do with the tourist side of things,As you say it looks like it will be a while before anyone sees any real return on their investment unless things take off in a big way.
Hi i live here in Morocco, the price of Property is high two high-but i will tell all the readers on this site that there is a price for Moroccans and a price for us - with a lot of offplan propertys even befor thay start to build u will be told that are all sold yes sold,but then thay come back on the market at a higher price and the builder will allways take the bust apartments or penthouse for himself and his family.

But now with the market in the world geting so bad and the banks asking for the money back as thay cant sell propertys thay are left empty or not compleat.

So thay keep them empty hopeing to get a high price ...........sometimes the best is a resale property as thay sell at a lower price. but please do your homework.
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