Australian Property Investor Wanting to Purhcase in Morocco - Page 2

AustralianInvestor · #11 18-02-2007, 11:01 AM

Hehe...looks like you are right or no one wants to put up a fight.

Just wanted to say thanks again Andy2k and also The Soup Dragon. Your information has been very helpful to me.

www.goldbergglobal.com · #12 18-02-2007, 08:54 PM

Hello, we can help you in this market, we are active here. Please send me an email to discuss further. With thanks Darren
darren@goldbergglobal.com

Investy · #13 19-02-2007, 07:01 PM

See House Price Crash - Housing Market Information for First Time Buyers for some large Moroccan property discussion!

I went with LeJardinDeFleur on the Saidia site (the flagship Plan Azure resort). No point buying in small one off developments - there will be hundreds all very similar.

angelicaa · #14 20-02-2007, 07:51 PM

Hello Dear Investor,
Im Angelica from UAE. Our company have good investment proposals. If you are intrerested please do mail me at angelicaa.k@gmail.com
best regards
angelica

The Soup Dragon · #15 22-02-2007, 01:11 PM

Andy2k. Think most of us share your view, though only time will tell if our preffered Plan Azzur developments will indeed prove more fruitfull than the smaller resorts. The increased risk involved in going for the smaller resorts with smaller developers put me off them, but you only need look at price rises over the last year for places like PBGR, Mirador Golf and Playa Vista to see that some of them represented a good opportunity.

This is the only forum I can still access at work

. Hopefully will have broadband at home shortly.)

meljean · #16 01-03-2007, 11:08 PM

Hello, If you are looking for properties in Morocco, We have three developments there including a development in Sadia. We can also deal with the legal side of things. If you would like more details you can contact me at des.smith@focusinternationalproperty.com

Meljean

francis · #17 02-03-2007, 01:32 PM

Hi AustralianInvestor,

Would you consider investing in Romania?

Recent studies show that earnings as a result of investments in Romnia are No. 1 now in europe. Prices of land, forests, castles, hotels are very chep compared with other EU member states. Prices can grow visibly untill it will reach EU prices. There are many investors alredy here.

There is a emerging real estate market. Very good profitd even for short term investments.

As market leaders in real estate we specialise in selling large properties that can go over 1000 Ha of forests and lands. We are market leaders in this field. We offer free evaluation and consultancy for our clients.

If you want more information, don't hesitate to contact me!

Wish you good luck!

Francis

AustralianInvestor · #18 11-03-2007, 02:30 PM

Quote:

Originally Posted by francis

Hi AustralianInvestor,

Would you consider investing in Romania?

Recent studies show that earnings as a result of investments in Romnia are No. 1 now in europe. Prices of land, forests, castles, hotels are very chep compared with other EU member states. Prices can grow visibly untill it will reach EU prices. There are many investors alredy here.

There is a emerging real estate market. Very good profitd even for short term investments.

As market leaders in real estate we specialise in selling large properties that can go over 1000 Ha of forests and lands. We are market leaders in this field. We offer free evaluation and consultancy for our clients.

If you want more information, don't hesitate to contact me!

Wish you good luck!

Francis

Hi Francis,

Do you have a website?

momo · #19 15-03-2007, 07:48 PM

Quote:

Originally Posted by andyk2

Best investment/exit strategies are going to depend on how much risk you want to take, how much money (cash/finance) you want to invest, how soon you want to see a return on your investment, what yields you want to see etc. As with every country there are good and bad, and my criteria may be completely different from yours. Would suggest however that safe and secure would cover Oasis Beach & Golf or the Jardin de Fleur Golf Villas, where the exit strategy is straightforward.

In my opinion (and being prepared to get shot down in flames) avoid areas around Tangiers, Rabat, Casablanca, Marrakesh and Tetouan unless they are the kings resorts or Emaar product. My reasoning behind this is that there is a lot of bottom end product being constructed there, which will be great is you are going to holiday there 4 times a year, but, in two years time, will be flooded with buy-to-let and resale property - much the same as has happened in Spain. The kings resorts and Emaar product "should" be the top end of the market and attract the majority of the rental business because of the quality of the build, on-site facilities, marketing etc. Therefore, the "low-end" of the market will not only be over supplied, but unable to attract decent rental yields, and therefore be difficult to resale.

Hope this helps, but it is an opinion (albeit based on historical evidence in Spain) and as I said would be interested to see contrasting views from other forum members.

Hi andyk2,

you mentioned to avoid areas like Casablanca, unless it is the King's resort or Emaar product - what about the 15km stretch of beach, the so-called official tourism zone where ex-Las Palmiers and Sunset beach are located? or would it be better to go for Emaar's Bahia Bay and the Marina de Casablanca? thanks.

andyk2 · #20 20-03-2007, 06:08 PM

Hi Momo, I wish I had a crystal ball. Between Rabat and El Jadida (the Casablanca strip of coastline) there are three "quality" projects proposed - The Plan Azul Mazagan resort and the EMAAR Saphira and Bahia Bay resorts. I would imagine that´s where the investors, end user and BTL markets are going to concentrate and anything else in the area is going to be second best. I could be wrong, but with the non Azul/Emaar product having to be sold by subsidised inspection trips (and that´s based on my impression - no factual base at all), I wonder where the exit strategies will be in 2 years time when the inspection trips no longer go to Morocco