Atlas Golf - Marrakech

[redangel7861]

Hi Barry,

The development is now run by Excelia. Is your solicitor referring to Fadessa the orginal Spanish developer??

[barry the builder]

Hi

I dont know? I spoke to him in January after i visited and he told me the Development is in receivership, in fact here is a copy of his e-mail sent early Feb.


No one has received anything at all due to the fact that the company is still under the supervision of the administrators, it is expected that the vendor will come out within the next 2 to 3 months so I am hoping the scenario will change.
So either you wait until say april and try to reassess the situation or ask them to put the property back on the market and if the unit is sold they will release the deposit.
Let me know so matters will be taken further.
Regards,
M

[redangel7861]

Hi Barry,

As far as I'm aware the developer/development is not in receivership. I'm also aware of two individuals who got their deposits back less the 25% cancellation fee. Only after many trips and e-mail to Marrakech.

The Golf course was well into construction when I visited.

Good Luck.

[Mzm]

Please, please, please can you tell us how you managed to get your refund? We have also been promised 75% of our deposit back in line with Excelia's cancellation policy but still haven't seen our money! Our emails and calls are just being ignored. In fact, when we call now, there's just no answer! Can anyone help/advise???

Thanks in advance

[Mzm]

Originally Posted by donotinvestinmorocco

Do not invest in morocco, your better off trying your luck in the casino, least there you
know the odds are the house usually comes out on top in end.

and the house will pay out if you win.

Please can anyone help? We also cancelled our purchase on a property in Marrakech back in February this year (even though we cancelled our purchase in 2008!). It was only acknowledged this year! We did all the necessary paperwork and were also promised 75% of our deposit back. We still have not received our refund, despite constant emails and calls (no one picks up, if they do, they pretend not to understand!). Please can anyone else help/advise on this? I can see from some of the blogs some of you did manage to recoup your money which is great news!

Any help/advise/contacts would be most gratefully received! Good luck to everyone who is in a similar situation!

[Mzm]

Originally Posted by redangel7861

Hi Barry,

As far as I'm aware the developer/development is not in receivership. I'm also aware of two individuals who got their deposits back less the 25% cancellation fee. Only after many trips and e-mail to Marrakech.

The Golf course was well into construction when I visited.

Good Luck.

Dear Redangel,

Can you help/advise us too? We are in a similar situation and not getting any responses from Excelia. Despite being promised our refund back. Our emails and phone calls are simply being ignored. We are desperate to get our hard earned cash back! Please can you help us with any contacts? Thanks in advance!

[Mzm]

Please can someone help/advise us also? We cancelled our purchase in January 2009! And it took another 2 years for Fadesa/Excelia, whatever they call themselves now, to acknowledge our cancellation!

We did all the necessary paperwork promptly and were promised 75% of our deposit back. Since July we have been trying to contact the persons who dealt with our cancellation and we are simply being ignored! If we try ot call no one answers.

Please can someone help/advise what we should do next. Really want to avoid getting solicitors involved. We just want our hard earned cash back!

Thanks in advance.

[MariaReyna]

Hi everyone!

I think a good lawyer in Morocco can help you to get the money back. Only if they feel threatened, they will return your money. If you want one who speaks English as well, I can help you. Ask about your specific case, he will tell you his fees and you will decide if continue with the recovery or not.

Good luck!!!

[Mzm]

Hi Maria,

We have an international overseas property lawyer involved with our particular case. But Excelia are still choosing to ignore the lawyers letter too that have been sent to respond to our case!

What to do next? Would much prefer if they had the decency/business acument to at least give us a response/update as to when we are likely to receive our deposit!

Is anyone else still not go their deposit back from almost 3years ago???

[MariaReyna]

Hi Mzm,

Glad to hear that! You need a lawyer to get your money back. Some of our clients are waiting for a trial and some of them recovered their money by threatened letters but it's difficult this way.

A trial is more expensive but more effective also. It's incredible how many cases like that are in Morocco now.

Hope everything goes well!

Best,

Maria