Thread: Which Country?
View Single Post
  #14  
Old 08-01-2007, 05:57 PM
Investy's Avatar
Investy Investy is offline
Senior Member
 
Join Date: Oct 2006
Posts: 424
Default

Quote:
Originally Posted by rjbevan
Thanks Investy

My concern about holiday lets is that I picture myself on the end of a telephone line with a diary filling in bookings etc. Are there companies in places like Morocco that will take the whole thing off your hands; ie market the place, take the bookings, clean it etc? How well do they keep places full throughout the year and so on?

rjbevan

Your concern is well founded and noe far to many investors overlook. Its all very well seeking out bargain property on small one off developments in Morocco but the rental and management side of things could be challenging.

Thats why I want for the Governments Plan Azure showcase development at Saidia. Such a vast prestigiuos development will attract larger more professional letting aganets and dont forget there will be several on the one site, so competition to produce results will be robust.

Legnth of season IMO will surpass most if not all other European / Med destinations. Golfers who make up a significant market sector will love the fact they can fall out of thier appartment right onto the fairways and have a choice of three 18 hole superior courses in one site on a beach - almost unheard of.
Reply With Quote