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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

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Royal Maroc Sports and Leisure Club - your thoughts??? - Page 6

 
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  #51  
Old 31-01-2008, 01:32 PM
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I cant see why anyone wants to even chance these unknowns. Saidia is half built, the platignum Barcelo hotel on site almost finished, the marina 70% built, its the Kings spearhead launch project to showcase Plan Azure so why take the chance on these other 'patch of sand' potential developments?

If you want to invest in these non Plan Azure sites I would personally wait until they are built. Ive found with Saidia as with the rest of the world that no capital growth to speak of will occur during the build phase especially when you factor in resale costs which are upwards of 10%, not too mention purchase costs and Taxes. So you may as well not take the risk buying off plan - wait.
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  #52  
Old 31-01-2008, 03:38 PM
Jesus of nazareth Jesus of nazareth is offline
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Quote:
Originally Posted by Investy View Post
I cant see why anyone wants to even chance these unknowns. Saidia is half built, the platignum Barcelo hotel on site almost finished, the marina 70% built, its the Kings spearhead launch project to showcase Plan Azure so why take the chance on these other 'patch of sand' potential developments?

If you want to invest in these non Plan Azure sites I would personally wait until they are built. Ive found with Saidia as with the rest of the world that no capital growth to speak of will occur during the build phase especially when you factor in resale costs which are upwards of 10%, not too mention purchase costs and Taxes. So you may as well not take the risk buying off plan - wait.
It's only the Saidia development that has seen no capital growth over the build period and that's because it was overpriced in the first place, however sales and resales on there now aren't too bad. Nearly all of the developments in the Tangier/Tetouan area have seen growth of at least 30% in the last 18 months, so that's a good reason to buy off plan.
Investy, you have to take some of the other resorts that are not Plan Azure seriously, Al Houara and Tinja are fine examples, if you want to talk quality they will win hands down over Saidia.
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  #53  
Old 31-01-2008, 04:35 PM
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Jesus,

I agree on quality of the Emaar developments - those I would consider a decent investment on face value.

I personally would'nt be able to sleep at night investing in some of these lesser know one off developments that are'nt Plan Azure, Emaar or other safer entities. I'd rather less return and less risk + more sleep.
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  #54  
Old 31-01-2008, 05:08 PM
CS111 CS111 is offline
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Has anyone on here actually invested in Royal Moroc?
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  #55  
Old 31-01-2008, 06:20 PM
grays4u grays4u is offline
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would check this out somtimes if it sounds to good its proberly not. do your research on the companies and there past record look at the hidden costs like enflated furniture packs high maintenace fees. also i would want to make sure you would not be expected to pay for your apartment till the whole project was completed you do not want to live on a building site.personnely i think this has been sold as a promise instead of facts very clever marketing if what i have been reading is true then i would be very careful as we are always saying do your home get work get independant advice if your not happy walk away
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  #56  
Old 15-02-2008, 06:34 PM
Milky teet Milky teet is offline
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Hi,
Been reading around the forums and doing my research as seems to be the advice being posted around. I think Morocco sounds quite attractive as an investment. I have also been looking into Spain and spent time on the EOS forum, seems some issues have arisen but then also people looking positively on there investment too. As I see it there is always going to be money in property though.
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  #57  
Old 15-02-2008, 08:03 PM
dave2u dave2u is offline
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i think before anyone goes with this i would read the development forums Estepona Beach and Country Club - Talk to other buyers from Estepona Beach and Country Club
Estepona Beach and Country Club and Manilva Beach - Talk to other buyers from Manilva Beach

manilva beach lots of unhappy clients of the same company that is doing this but different names read and make your own mind up

Last edited by dave2u : 15-02-2008 at 08:09 PM.
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  #58  
Old 16-02-2008, 06:59 AM
wazaz wazaz is offline
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So has anyone bought the property from the original posters link?

Any feedback?
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  #59  
Old 16-02-2008, 06:16 PM
dave2u dave2u is offline
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i pulled out a while ago after doing my research and its feb and has not even been released yet
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  #60  
Old 21-02-2008, 11:18 AM
Milky teet Milky teet is offline
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I have invested and I heard back from the agent with some good news. He said that he is attending a meeting where all the details are being presented and then he can report back to me with all the info. He said and seemed pretty sure the full launch was ready to be announced.
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