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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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Looking for investor or partner

 
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  #1  
Old 19-11-2007, 01:15 AM
abm2762 abm2762 is offline
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Thumbs up Looking for investor or partner

4.7 acres (3hectares) 5 minutes from marrakech international airport. Please contact me for aditional information. Please only serious enquiries.

Thanks.
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Old 28-11-2007, 08:54 AM
RedRak RedRak is offline
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hi abm, planning on investing in marrakech. can you email more info.
cheers
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Old 30-11-2007, 01:36 AM
abm2762 abm2762 is offline
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Hi,
What would you like to know?

Thanks.
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Old 03-12-2007, 04:55 PM
awahee123 awahee123 is offline
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Hi abm,

What type of investment are you looking at and how much?
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Old 03-12-2007, 07:33 PM
abm2762 abm2762 is offline
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Hi Bahhate, sorry, the land is not for sale. Thanks

Hi *********,
since the land is amost across the street from the airport, I'm thinking about some type of "Inn". Something small to start with in the $100k plus price range. Thanks.
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Old 03-12-2007, 07:36 PM
awahee123 awahee123 is offline
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OK ABM, looks interesting......
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Old 14-12-2007, 01:37 AM
adilchaoui adilchaoui is offline
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5 Hectare is huge. I would suggest something like Palmerai (but smaller scale).
Please let me know
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Old 24-01-2008, 01:00 PM
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Les White Les White is offline
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Quote:
Originally Posted by abm2762 View Post
4.7 acres (3hectares) 5 minutes from marrakech international airport. Please contact me for aditional information. Please only serious enquiries.

Thanks.
Hi
I would like more info and what you have in mind, I have lots of finance possibilities
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Old 26-01-2008, 01:50 PM
Investy Investy is offline
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DUE DILLIGENCE;

A common way in which UK backers lose money is where the key onsite 'inside' partners have all invoices artifically increased and then pocket the difference.

Not saying there is any intention to manipulate investors here, but if I were investing I would want absolute clarity in the operating memorandum of agreement and for that to be bound by UK law and disputes to be settled in the UK only.

Honest genuine partners would have no issue with such an arrangement.

Another protection is for all works to be tendered to several suppliers well in advance and that all quotes have to be sent to the UK and then prices all agreed (as far as is practicable) up front. I would suggest UK partner representatives are also involved in sourcing suppliers such as architects.

A bonus structure for suppliers comming within budget and timeframes might also be worth consideration.

The suppliers would then be fed moneies gradually and contracts would seek to ensure no cost overruns were possible.

I know of 2 freinds who have both almost be caught out by this, luckily they spotted the over invoicing early on.
__________________
Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year
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Old 26-01-2008, 02:09 PM
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Les White Les White is offline
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Default Land Marrakesh

I need building allowance and price at info@relinvestments.co.uk
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