Fadesa

[ahoff]

evansj it sounds like you have bought directly from Fadesa? Did you not buy through an agent that is not sticking up for you?
Chrs.

Investy you sound very negative regarding investing in apmts in Morocco - how come? Do you not think it could be lucrative with high demands for a long summer season with good returns and cap appr of approx 20%?

What's your reasoning?

Thanks.

[redangel7861]

Camel with 3 humps - I have no association with Fadessa. I purchased a 2 bed penthouse on Atlas Golf, Marrakech. I've had no problems with the purchase, all contracts and paperwork have arrived on time and the office in London has been very helpful with all questions.Again, people will have good/bad experiences with developers it's an extensive market and problems will obviously occur.

I've also purchased a 2 bed penthouse on Saidia on AP13 - Athena golf fontline. Again, no problems with this purchase.

[camel with three humps]

To the best of my knowledge Athena Golf is not being developed by Fadesa or Martin SA.

[ahoff]

Investy, I'm interested to hear your comments and reasoning if you have the time..

Thanks.

[redangel7861]

Camel.

I am aware that Fadessa are not the developers on Athena. The developer on Athena are another Spanish company, my point being that the bad wrap your giving Spanish developers is not wholly justified. Both developers on projects that I have purchased on are Spanish and in my exeprience both have been professional, helpful and effiient with all paper work.

[camel with three humps]

I am happy for you.

[redangel7861]

Camel, glad to see your finally happy.

[Investy]

Originally Posted by ahoff

Investy you sound very negative regarding investing in apmts in Morocco - how come? Do you not think it could be lucrative with high demands for a long summer season with good returns and cap appr of approx 20%?

What's your reasoning?

Thanks.

You cound'nt be more wrong!

I am Moroccos number one fan - go check out housepricecrash.co.ok where you will see long threads (one weith about 70,000 views) which I began. There I have fought many battles with neg heads on Morocco.

[camel with three humps]

" Camel, glad to see your finally happy."

I am always happy as deal with the right kind of business. This this instance i was happy for you and hope that you are happy,when you get your keys.