I think Morocco is loosing its authencity or culture to foreign investment.
It is a country known for kindness, hospitality and willingness to change. I am looking at your comparisons and please keep it between Morocco to england or Morocco to spain. Ok as you are aware your medical bills are paid by the lowest interest rate on personal loan National Insurance contributions to the National health service hence you get a very good medical treatment in the event of accident, sickness, or health problems. We certainly get our value for money at the National health service immediate loans and the hospitality is just Excellent! Although I am an immigrant in England but I have reason to believe that crime in England is alot between the uneconomical migrants and the uneconomical british.
The politicians have a solution but they know its problems in crime that gives their political activities alot of interest. The crimes in Morocco involve Drugs, robberies, deception which is alot more common, and etc. However there is alot of safety for foreigners in marrakech, Agadir, Essouria and all touristic places. The Surrette Nationale and especially the Gaundermere are very feared off by the locals. Infact the safety I have felt in Marrakech walking near Sofitel, Avenue Mohammed 5, Avenue Mohammed 6 is the best I must say. There are guards everywhere monitoring the safety of tourism. Yes Fruit and vegetables and sugar will be cheap in Morocco.
But other processed food, toilleteries, utensils, consumer electrics will be expensive from major stores as Marjane or Acima. The official statistics of repossesions in Morocco are not really talked off and neither produced by the Ministry of Finance ( I just dont understand why? But I understand they have had repossesions because foreigners are unable to pay the mortgages for the buy to let properties. Indeed UK there have been alot of repossesions because credit was too cheap however there has been a softer attitude from the UK banks to deal with unpaid mortgage payments. The chancellor of england deliberately payday loans in charlotte nc cut the insterest rates to 0. Hence this attracts savers to spend money and invest in shares or stocks and help tackle the credit crunch. I think that finance in UK, consumer protection and the official statistic are alot more transparent and straight forward than developing countries. Although we have no or little manufacturing industry in UK but we have two main sources of revenue and they are the London Stock paydayloan com Exchange and the North Sea Oil. The North Sea Oil money contributes towards the social securty benefits ( and paydayloan com also taxes).
Why is the revenue from its phosphate industry not used on social projects or to tackle poverty? Well there is some discrimination paydayloan com but it is hidden in Morocco.
I am sure if you show your pocket in UK everywhere then virtually you will see no discrimination!!! In my conclusion Morocco is a developing country and has to keep a balance between tourism and its culture.
Morocco has its unique taste and that is the authentic culture, its food, ceremonies and language!
I like that because I find that entertaining and not the clubs, the casinos, the mcdonalds, the KFC and the western clothing. I am selling for personal reasons, not because I dont believe in the project, I actually think the project is great and there are only 73 apartments in the whole complex, but I dont have a choice. I have the penthouse apartment facing the sea with two bedrooms and two bathrooms. The project is due for completion in October this year. If you look up Atlantic Magna there paydayloan com is a cash loans link to see a video of the apartments, how they are built and finishings etc. Does anyone know of any good developments along this coastline?
Does anyone know of any good developments along this coastline? If i was you, i think it would be best to hold on to your money. I dont think that i would buy offplan at this time as a number of off plan in tangier have come to a holt. There is not much speculation in the economic cities and the economy is growing fast, so prices might be up for a fairly long time.
Now there are brokers in Morocco and the interest rates are way below what they used to be. They also went in person with me for the signing at the bank. They have a mortgage simulation tool that I fancy a lot though (check out on their website : cafpi maroc) As far as real estate agents, there are as well a lot of international real estate agents on site now, and I do like better this than what I had to deal with two years ago.
Hi i live in tangier i have just seen your email so i am asking did you get the Solicitor that you are looking for i use one he is good he speaks english and he can give you advice. Hi i live in tangier i have just seen your email so i am asking did you get the Solicitor that you are looking for i use one he is good he speaks english and he can give you advice.
I am about to get a new lawyer, so will forward details after next weekend when I have them too. So as soon as I have his name, will forward to you. Did you receive an invitation to their meeting of 13th June 2009? This is to elect members of syndicate and discuss annual service charges etc...
Its the effect of globalisation, a 2 bed appartment on the beach catering for European tourists costs pretty much the same everywhere. Bring into account the uber-rich Arabs and then even Saidia and Al Houara at up 3 times this price could be realistic.
On balance though, I do think as these are mostly tourist developments (not residential) and there are few tourists at present, paying such an inflated prices and hoping for anything other than a 30 day loans longterm profit is a bit ambitious.
Yes I understand there are silly prices in Morocco and the country does not really have the tourist, transport, communication and the national health infrastructure. As I understand you can find a decent appartment in Gueliz, Marrakech for 11,000 to 12,000 dirhams a square metre.
On average an appartment is approx 80 square metres. Well, you can still get things done but you will wait forever - and they know damn well you are pushed for time so sit paydayloan com around with your dossier on the desk and do nothing.
This is a fact - and it is high time prospective purchasers were given all of the relevant information before making the decision to purchase. Our sale paydayloan com completed in March 2008 and we are still waiting to get paid in full! In my opinion Morocco is NOT a place for UK buyers to invest in property. They are too used to everything being done in the UK cash advance roanoke va on the straight and narrow, when involved in matters of property transactions.
They see a foreigner over there and the only thing on their mind is rich pickings. In fact - after 30 years of spending a fair bit of time over there I realy do think things are getting worse - not better - as a few years ago where to borrow money the bribes they were asking for were a pittance, but now they have got really greedy.
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I have been in Morocco in and out for 3 Years and can understand how rife the corruption is in the government departments. Finally I managed to make a mutual agreement for the tenant to vacate. As I understand in Morocco is that if you dont make the right tenancy agreement then you have to pay the tenant all the rent back to vacate from your property by the Moroccan Law. Most people prefer to rent appartments through estate agents. The problem with the people there is that they like to capitalise on every opportunity they can have on a foreign investor. In morocco there is no regard for society and every one there is for themselves.
For example when people board the bus in Morocco, everyone tries to push through the que. Why do they do that when everyone will eventually board the bus. Finally the moroccan dirham currency is not recognised outside Morocco.
There are control restrictions and taxation to convert the currency for exportation. As an investor do you realise that the hospital and medical bills are expensive (I once paid 2000 dirhams in a clinic to have xrays and injection to kill the pain)? Do you realise the Moroccan mobile meditel paydayloan com and Maroc telecom is more expensive in tariff than England? Do you realise you have to pay garbage tax on your property? Do you realise you cant buy a car in Morocco until you have a Moroccan residence card? Do you realise that when you go to shop in the souk there are no set prices displayed and that you have to bargain all the time? Do you realise that to marry a moroccan you need to make a dosier of approx 13 documents of yourself plus your fiancee, and you need to seek approval from the judge for marriage? Do you realise that you cant deposit dirham into your bank account until you have a moroccan residence card? Do you realise that for any minor fault the moroccan police will ask you for bribes?
Do you realise that you can go to jail for giving a bank cheque from an account with insufficient funds?
Do you realise that Morocco has big problems with prostitution, peadophilia and child labour?
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