Thread: Need advice!
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Old 17-04-2008, 08:26 AM
esmerelda esmerelda is offline
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Join Date: Oct 2006
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IF work has genuinely started on site then I wish you all the best with it. (I only say IF because I have heard the work started twice already). For me the issue of the road remains & will continue to do so. I wouldn't want to rent a "beachside" apartment that is next to a really busy road (particularly in August when Asilah is PACKED.
Also what I witnessed over the past 18 months in almost monthly visits to the area was the waterlogging of the site. This is a known problem in the winter - what I was surprised about was the amount of surface water still on the site in June. So I would pay particular attention to how they are proposing to sort that out, foundations etc.
Also what is happening to the maintenance works for the motorway? will that remain on the edge of the development? Just a thought?

I take your point about relatively low cost but do not regret our decision to withdraw as we renovated a 5 bed house in Asilah medina for less than the introductory price of a 3 bed penthouse on Tanjah & are renting it out now. Yes it was more work but we believe that it has been far more rewarding in so many ways! To be fair, I discovered that off plan does not suits my mentality, there are just way too many unknowns that you the investor are not in control of - I lost so much sleep worrying about Tanjah....never lost a wink on the renovation even though the financial outlay was considerably more. So horses for courses & I wish all the Tanjah investors the very best of luck.
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