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Morocco property Morocco, the farthest west point in the Arab world, is becoming a hotspot property investment destination. Investing in Morocco property involves researching the legal and ownership issues, taxation and rental options. Discuss and debate these issues with investors who have bought a property in Morocco and share your views and opinions

Tanjah golf and beach Resort - Page 3

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  #21  
Old 01-02-2007, 01:43 PM
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Quote:
Originally Posted by andyk2
IPIN is an Investor site. This is the first project outside of Saidia and Lixus that we have recommended (we did Alkudia Smir for a while until Fadesa screwed up). This project is a good alternative to anything outside the Kings resorts or Emaar for people looking at the low end of the market (no insult intented), but you tell me propertyinvestor, what is your exit strategy at Tinjah? How is the rental guarantee justified when there´s no building licence in place? When the site is comprised on sand and swamp, how deep are the foundations? Does your project have the option of a bank guarantee? What due diligence have you done? How many times have you/your agent been to Morocco this/last year? Do you want me to go on?

I looked this before i bought at the Tanjah. The building License is in place , the guarantee rental will be in the contracts and is backed by the bank who is giving the mortgage.A good thing i found out that everything is done by u.k law not morrocan , the terms are very investor freindly ie if builders are behind we receive a% every month until completion. When i visited the site i looked at the area that is mianly sand and water, for anyone who knows anything about building a golf course this is prefect , drainage etc. The apartments blocks are built around the side of the course when the land will have better foundations for building. There are already properties built just below the site so this shows there wont be any problems. I spoke to dreamworld a few times after i went though Worldwide Frontiers - Overseas Offplan property investing in Morocco, Dubai ... . They have been very helpful with providing me with the correct info.

Of course the payments terms are a huge bonus with the tanjah as on other project can get close to it, but by having these terms doesnt mean it is a good investment, so by knowing the true facts ,the tanjah offers a great deal all round.

Oscar
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  #22  
Old 01-02-2007, 09:02 PM
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I agree 100% , everything seems to be going fine , from recieving the correct info from the agent ,to reserving , developer keeping you updated with everything.

I was bit worried after reading some bad press ,but i found out the truth .

What apartment did you get, block 61 golf views.

If you find any good deals oscar make sure you let me know
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  #23  
Old 07-02-2007, 02:58 AM
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Quote:
Originally Posted by propertyinvest
Hi , The best person to talk to is the dirctor of the company i went though .

The company is Worldwide Frontiers - Overseas Offplan property investing in Morocco, Dubai ...

Regards to the road , it is the road which has been made for this resort, it is not a issue.

I know that it is nearly sold out , Phase 2 is being launched and prices are 25%+ higher .

Let me know how you get on.
I hardly think that the main road linking Tangier to Assilah can be classed as a as a road made for this resort.More like a 2 lane motorway.
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  #24  
Old 07-02-2007, 05:30 PM
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Sorry i was mistaken regarding the road, it is the old coast road from Tangiers, there is a new moterway now, so this will take the main traffic. there will be a tunnel built from the resort to the beach.
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  #25  
Old 07-02-2007, 07:16 PM
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Quote:
Originally Posted by propertyinvest
Sorry i was mistaken regarding the road, it is the old coast road from Tangiers, there is a new moterway now, so this will take the main traffic. there will be a tunnel built from the resort to the beach.
Do you honestly reckon that local Moroccans, holidaymakers, etc are likely to use a TOLL motorway rather than a free trunk road.Very unlikely i say.Also that road gets choked during high season.Nose to tail traffic. Also no final say on whether there will be tunnels or bridges built to link development to beach.
Not trying to be negative, because i am actually still reserved on a front line 2 bed appt.
Just trying to make sure that nobody falls for the same lines as i fell for.
Could still be a cracking development.Shouldnt be much longer to find out.
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  #26  
Old 07-02-2007, 08:20 PM
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I dont think it will be so bad, i have spoken to dreamworld and something is being done to gain access at the beach.I have a unit more within the complex im a golfer so prefered to have front line golf. I think it will be a great complex , but only time will tell. I have been to alot of complexes like this all over europe they all have main roads next to them , once everything is up and running i feel this wont be an issue, but i can see your point. Let hope for the best hey
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  #27  
Old 07-02-2007, 09:49 PM
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Hi, Yes, the road you are all refering to is the Coastal Road from Tangier to Asilah, we were on this road when we went on inspection trip to PBGR, the road at the time was not that busy but in the future may become a popular route, as long as the bridge appears getting to the beach will be fine, will something about this bridge appear in the contracts?
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  #28  
Old 07-02-2007, 10:01 PM
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It is not a busy road , will be a road for tourists to go the resorts etc , all resorts like this have roads next to them i find .

The contracts will have something regarding the tunnel/bridge.
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  #29  
Old 12-02-2007, 08:04 PM
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Hi Tanjah people.

Just want to know if the contracts have been sent out yet. We know a couple of people for who it is "decision time", so interested to know (now that it comes to paying the full deposit) are you IN or are you OUT - and why. No negative comments to follow - just getting some very mixed news at the moment and wonder what is going on.

Thanks

Andy
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  #30  
Old 12-02-2007, 08:11 PM
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As far as i am aware contracts will not be sent until end of march,
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