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Morocco property Morocco, the farthest west point in the Arab world, is becoming a hotspot property investment destination. Investing in Morocco property involves researching the legal and ownership issues, taxation and rental options. Discuss and debate these issues with investors who have bought a property in Morocco and share your views and opinions

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Oasis Beach & Golf Owners

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  #1  
Old 05-10-2007, 02:47 PM
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Join Date: Oct 2007
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Default Oasis Beach & Golf Owners

Hello... just joined the Saidia chat. However most are talking about the Le Jarden de Fleur resort. I have put my deposit and 20% down for Villa 63 Type C at the Oasis Beach and Golf Resort (VVT 2). I would appreciate to hear from those who are also buying there and your thoughts and experiences both negative and positive. Has anyone actually signed the main Contract - any additional clauses or amendments needed? My solictor and Superior (my agent/developer) tells me the hold up on construction is due to licences. However they have now just received a licence to start on their 1st phase apartments and the others should be due in the next 6 months. Both Fadessa and Superior have been in the same boat. They say the delays should take us to end of 09-early 10 for full completion. I would appreciate anyones views on this development and updates... Would be nice to get to know our neighbours too! Thanks Olivia
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  #2  
Old 13-11-2007, 10:00 PM
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Default Villa Superior Group Saidia

Hi,

Your message is very interesting.Happy to see that we are not alone...
I am buying a villa in Saidia with the Group Superior and they told us the same thing than you , they don't have the licence for the construction for the Villa.
We are also waiting for further news....


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  #3  
Old 18-11-2007, 08:02 PM
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Default Pines

Hi,
I'm buying a villa at the Pines which I think corresponds to vvt3. We've also heard that the licence may not be ready until March
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  #4  
Old 19-11-2007, 02:39 PM
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Default Apartment Or Villa

I bought an apartment in block 3. The licence was issued on 11/9/2007. When signing up in August I was not told about the delay in the licences however my solicitors didn't pass on my deposit until the licences were issued. I was told that the constuction would start in Oct and that another 20% would be due. I far as I can ascertain contruction has not started.
Not too worried about the delay as this seems normal for all developments. (Regardless of location)
Hope to travel to Saidia for a few days in the new year so I can see the progress for myself.

Last edited by Isadora; 19-11-2007 at 02:41 PM. Reason: mis spelling
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  #5  
Old 19-11-2007, 07:55 PM
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Default Licence

There's a copy of the licence for the current building on Superior's main site under the owners section at the bottom of the page for the Saida photos. Also, furniture packs are listed.
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  #6  
Old 11-01-2008, 04:53 PM
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Hi to all Oasis beach resort owners,

Interesting to hear similar concerns about delays in construction and obtaining licences.
We paid our deposit back in Feb 06 on penthouse in block 2 and was expecting completion in Dec 07/early 2008, last update from Superior in September/October this year was very vague giving completion of around spring 2009. Although we're not banking on that if past experiences have anything to do with it.

Buyers of other off plan developments have reassured me that it's not uncommon especially in countries like Morocco but it doesn't always allay the concerns.

Would be interested in hearing if any further developments or progress from other members buying in Oasis resort as Superior are very poor at maintaining contact and keeping you up to date (a colleague has also bought apartment in block 1 and very frustrated with Superior Worldwide)
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  #7  
Old 11-01-2008, 06:15 PM
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Smile Superior provide some info

We received a letter from Superior on the 19th December where they claim to be "going vertical" with the build "in the New Year". They have set up an independant company in the UK to handle all existing Oasis customers. They are promising to enhance the micro site to provide all homeowners with the latest news and info.
We await developments.

Quote:
Originally Posted by whitey View Post
Hi to all Oasis beach resort owners,

Interesting to hear similar concerns about delays in construction and obtaining licences.
We paid our deposit back in Feb 06 on penthouse in block 2 and was expecting completion in Dec 07/early 2008, last update from Superior in September/October this year was very vague giving completion of around spring 2009. Although we're not banking on that if past experiences have anything to do with it.

Buyers of other off plan developments have reassured me that it's not uncommon especially in countries like Morocco but it doesn't always allay the concerns.

Would be interested in hearing if any further developments or progress from other members buying in Oasis resort as Superior are very poor at maintaining contact and keeping you up to date (a colleague has also bought apartment in block 1 and very frustrated with Superior Worldwide)
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  #8  
Old 11-01-2008, 10:49 PM
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Default Oasis beach and golf

We have bought on Rt5 Block2. I spoke to Superior this week and was told the concrete build would start during the next few weeks! I asked which company was doing the build and was informed that they would make enquiries and get back to me. I find it strange that the dedicated office were unaware of such info if the build was to start in a few weeks. I will chase up the reply next week and post further on here. I am also waiting a reply in respect of the vat increase to 20%! As Oasis prices were inclusive of tax i am hoping the increase cannot be passed onto us unlike the Fedessa properties.
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  #9  
Old 12-01-2008, 12:10 PM
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WARNING RE SUPERIOR;

I purchased a LeJardinDeFleur product via Superior, and now Im so glad I did not buy thier Oasis product, here's why;

Yesterday I spoke with them about why they never update the 'build progress' photos on thier website and this is the appauling response I got;

"The business owner has no interest anymore as the company is being split up and sold into small parcels".
I pointed out this was a very unsatisfactory attitude to which the staff member had no answer.

RE TAX INCREASE; Lejardindefleur I am told are going to foot the bill for the Tax increase. I would urge you buyers to act as a group to ensure Superior also absorb this cost.

If it is true the business owner has no interest any longer I would also urge you iron this out right now. Imagine trying to get build snaggs rectified by a company that have no interest in client service!

I also note thier 2 so called aftersales people have left.
__________________
Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year
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  #10  
Old 12-01-2008, 02:48 PM
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Question

I phoned them up just before Xmas and was told that a demand for the next 20% instalment had been sent out. They expressed surprise that I hadn 't received anything about it. I too got the letter about the vertical build a few days after this phone call. Has anybody got been approached about the next instalment? Has anybody paid??

Last edited by Isadora; 12-01-2008 at 02:51 PM. Reason: mis spelling again
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