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The logic where they think foreigners will pay top dollar for everything, just like the old days!! They have been selling property without correct documentations and flouting legal regulations, consequently they are now refusing to return deposits. They have been selling property without correct documentations and flouting legal regulations, consequently they are now refusing to return deposits.
They have a personal development project called VISION in Morroco and they have been taking money and investing it directly in this development project, without the correct legal documentations. Several people have paids thousands of pounds without recieving a contract for an appartments in this vision project. This is why they lost exclusive rights to sell Phase 2 of this development. I have two appertments with this company (La Baie) and would love to sell them but do not seem to be getting anywhere when I ask. So far touchwood , apart from the obvious delays that all these developments go through , i havent had a problem and whenever i contact the citylife offices i always get a prompt reply updating me. This delay is not worrying me as i prefer to hold on to my money until the very last minute.
I was in tangiers in july this year and visited the site.
The first 2 rows are ready apart from the lifts being connected , and the landscapping work bordering the main road has been completed.
A number of people have already moved in and the place is starting to have a lived in feeling about it. The contractor was tarmacing the drives so that owners who had already moved in to the first two rows didnt have to drive over mud etc. The build quality and finish of these properties are dreadful and unhabitable, with unadequate lighting and no working lifts.
Citylife---Vision has stoped building this tower block this has stoped for about 3 months the builders have walked off site thay have not been pain everything has gone.... Several people have paids thousands of pounds without recieving a contract for an appartments in this vision project.
This is why they lost exclusive rights to sell phase 2 of this development. I know there is at least 20 people who want their money back from this company. I was told that the business was loans quick and easy taken over by Cap Properties as most of the staff left or were sacked and Citylife could not manage anything in Tangiers as they are rarely there.
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They also tried to sell furniture but that seems to have failed as well. The last building that was like this one collapsed a short time after it was built thankfully it was not finished completely so nobody was in the building at the time. I am in the process of buying at the las cabanas deveopment in marsa alam, but am always on the look out for more. Hi both, i downloaded the brochure from Colour Investments Website. Appt sizes range from 35 to 135 sq metres, 1 or 2 bed. Payment plans are available for the lowest priced properties upwards over 1, 2 3 and 5 year periods. I did see on the colour investments website at the bottom that they are Sigma trading or something and i looked them up. I felt I had better post a reply here as some of the facts stated on this threat are simply incorrect.
I am a director of Black Sigma Ltd (trading as Colour Investments) and we are the exclusive agents for this pre-release of Blue Sea Bay in Makadi Bay. I think the above statement about Sigma properties has come from a simple mistake regarding similar names... There is a company called Sigma properties that develops in Egypt but that loans quick and easy IS NOT US. The developer for this project is indeed Orascum and I am able to send over the floor plans, Unit types, Full due diligence including land title check, ownership check and planning permissions for any client who would like more information.
I agree of BUYER BEWARE for any development you buy into abroad which is why we first started our company a couple of years ago.
We are professional property sourcers and we carry out full due diligence before we offer out any project to protect buyers. Just short term installment loans direct lenders want to check that this developer is nothing to do with the developer that built el gouna which is orascom - the names are very similiar - are they the same company or is this developer a different one with a very similar name. Just want to check that this developer is nothing to do with the developer that built el free loans for single mothers gouna which is orascom - the names are very similiar - are they the same company or is this developer a different one with a very similar name. The direct payday loans no brokers first floor apartments have a nice balcony and domed ceilings. I emailed the Orascom Marketing dept to ask them about Blue Sea Bay and they confirm they are not the developer of this resort.
I hereby confirm that our company is not the developer of Blue Sea Bay Project, and we have no authorized agency in the UK for this project. Yet, our authorized PR agency in the United Kingdom for Orascom Development projects is called loans quick and easy Rooster. Nick - thanks for clarifying - who are you dealing with at Orascom, the point loans quick and easy of my email to the developer was to verify Colour as an authorised agent... I hereby confirm that our company is not the developer of Blue Sea Bay Project, and we have no authorized agency in the UK for this project. Yet, our authorized PR agency in the United Kingdom no credit check cash advance for Orascom Development projects is called Rooster.
Alan, i found Rooster where can i sell my watch for cash on the net, they appear to be a PR company as Orascom stated. Usually they are for a year to prove success and extended if they are. Let me start by saying Morocco is such a beautiful place but for buying property. No for investment never I would never ever buy off plan it will never get finished. You are right to warn people against buying offplan in Morocco, in fact buying offplan anywhere in the world comes with risks and people have had their fingers burned everywhere from Spain to Dubai and beyond. However, there is no problem with buying finished property in Morocco and many thousands of overseas investors are buying property every year without problems. As long as you understand the system and register your purchase in the correct way, then there is also no problem with taking your cash out of the country when you sell. The issue is that there are a lot of dodgy agents out there who steer people in the wrong direction, make sure you find a reputable agent with experience of dealing with overseas buyers as many local agents are not aware of the rules and regulations for foreigners. When the Egypt forum was launched it rapidly became the most popular and most visited destination Worldwide. Those of us who were involved from the very beginning understand only too well why it was discontinued.
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It is not enough to know that land is legally owned and planning permission is in place prospective buyers need to know more background on Developers and their past performance to be able to guage the likelihood of a project reaching completion.
Over the years speculators saw Egypt as a quick profit making destination with flights and buy-to-let options that were too good to miss especially with all the credit and cash flying around. Flights are astronomical compared with 1990 fares and hotel charges. The situation is not beyond repair, however it is not a quick fix. Property sales and vacations are still highly demanded but lessons have to be learned, mostly by officials, but the punters must also realise that in these times loan today of upheaval, riots and revolutions, greed must be curtailed.
Social networks such as these loans quick and easy forums play a part when researching the dangers as well as the lucrative best buys and these new posts must be a tool for free speech not just for responsible promoting. If they want to trade, Egypt must change with it and be more responsible to its customers not just trying to fix their own problems but satisfying every demand placed on them.
Tourism Minister Lahcen Haddad, the Wali of the Grand Casablanca region Khalid Safir, the mayor of Casablanca Mohamed Sajid, Director of Tourism Omar Kabbaj regional center and the presidents elected councils, signed on Tuesday the program contract for the regional development of tourism in the region of Grand Casablanca.
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