Emaar Morocco 1st Launch

[master1]

Dear All,

It is done, Emaar Morocco have announced that they will be launching their first project next week. The VIP launch is scheduled for friday 24th of August and the public launch the 25th of august.
I have heard that the prices will be very competitive and have nothing to do with Qatari diar.
I have regsitred for the public launch on their website. you can call them or send an e.mail to this person : mbennouna@emaar.ae

good lack

[investor27]

All, from what i gather its only townhouses & Villa's that are to be released first, am trying to get an indication on prices so will keep you all informed;

The e-mail I received contained the following...

" The community of Aldea invites the Atlantic Ocean into its fold with a breathtaking beach view on one side, and embraces the lush greenery on the other. Tinja is where you can truly live a relaxed life.

. 2 to 4 bedroom villas and townhomes with terraces and balconies
. Sizes ranging from 190 - 550 sqm plus terraces
. Just 20 minutes from Tangiers
. Easy access to parks, clubs, play areas, a beach hotel and more "

[Sunnyshores]

So, what happened ?
I have registered with several agencies for updates and havent heard a thing.

Sunnyshores

[MoroccanMortgages]

is Emaar offering a mortgage on their developments

[Sunnyshores]

I've now had a little info from an agent.

No mortgages or good financial incentives - but this is only a very small release of the most expensive sea villas (£?) and small townhouses for £175k.

perhaps the later releases of appartments (estimated at £100 - 125k) will be where the investor deals come in. I was told by agents earlier that they would be providing good low deposit/mortgage deals.

I dont know why they only released such a small number and it does seem to be really low key.Perhaps they're still arguing/decifing on the shape and content of the devlopment and these units released wont be affected in any scenario?

Anyone haev more info ?

[seannie1]

hi
Dont want to p**s on the parade but £175k for a townhouse in this location as an investment is equivalent to an ashtray on a motorbike.

[camel with three humps]

Originally Posted by seannie1

hi
Dont want to p**s on the parade but £175k for a townhouse in this location as an investment is equivalent to an ashtray on a motorbike.

Very interesting. Can you please explan "an investment is equivalent to an ashtray on a motorbike"

Cheers

[seannie1]

Fruitless my friend,not functional in its presnt environment,although very useful in theory.

[Sanafawi]

Hi All
Any updates regarding Emaar project in Morocco?

[Sunnyshores]

Having had my name down with several companies for updates and having heard nothing for about 8 months, I assumed it was all sold and finished by now!!!!