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I am still having to pay the mortgage as the money has not been transferred Bank to the U. I have spent months trying to get all the documents together for my bank, but the missing link is SIROCCO ESTATES who seem to have gone out of business. I cannot prove that all money sent to them was paid to Notaire SEKKAT. Is any one able to help with names, telephone or email addresses of sirocco estates or Mark Wilkinson. May be the money was paid not to the Notaire, but to the Developer. I am still having to pay the mortgage as the money has not been transferred Bank to fast payday loans online the U. I have spent months trying to get all the documents together for my bank, but the missing link is SIROCCO ESTATES who seem to have gone out of business.

I cannot prove that all money sent to them was paid to Notaire SEKKAT. Is any one able to help with names, telephone or email addresses of sirocco estates or Mark Wilkinson. May be the money was paid not to the Notaire, but to fast payday loans online the Developer. I think that the address of Sirocco Estate is in Spain: avenida Ramon y Cajal 41, edificacion Pauli, near Malaga at Fuengirola. I am a student of International Business in The Netherlands. Anyone who has information about Morrocan properties or have bought one of the properties are welcome to contact me. I need some information for my research, and as a return, I will provide my end and torough analysis about investing in Morrocan Real Estate. They do not have a good reputation with those who have used them to buy property. Flats they sold in Mirador Golf were advertised as 65m2, not one flat was this size, all below, mine were 59m2, so having bought two I am minus one whole room.

They say serenely that it is legal in Morocco for a property to be up to ten percent smaller than described, no other comment or apology. Many of the bedrooms will only accomodate bunk beds if you wish two people to sleep there and also open the doors of the concrete fitted cupboard. The compex is a year late in completion, the tennis court, playground, courtesy bus and supermarket promised never appeared. The company will only allow buyers to go through their Canadian lawyers and is registered in Barbados, you need to be a big player to attempt legal remedy and they do not reply to any emails or letters of complaint. Flats they sold in Mirador Golf were advertised as 65m2, not one flat was this size, all below, mine were 59m2, so having bought two I am minus one whole room. They say serenely that it is legal in Morocco for a direct lenders bad credit loans property to be up to ten percent smaller than described, Many of the bedrooms will only accomodate bunk beds if you wish two people to sleep there and also open the doors of the concrete fitted cupboard.

Its quite obvious what they are upto and if as a buyer you still buy from them and the likes of similar developers than you are only encouraging them. How would you suggest that one should confirm the actual size of the delivered flat when buying off plan? How should one check the day the complex is finished until that day arrives? If it is naive to believe that amenities listed will be built, swimming pool, tennis court etc, how can you compare different investments? I think you smear developers to say that it is internationally normal to complete a year late. Of course you can decide only to buy something ready built with all the papers.

Another way is to ask around and read forums such as this and evaluate what is written. Again its a question of good faith on both sides when you are cash advance with bad credit paying for something you cant see or touch. How should one check the day the complex is finished until that day arrives?

If it is naive to believe that amenities listed will be built, swimming pool, tennis court etc, how can you compare different investments? Construction project are subject to 1000 loan no credit check weather, labour, material shortages and as a result they get delayed. Even if you want to sue them any breaches, they will have no assets in Morocco. You have bought a flat in Morocco and eventually the complex is ready for it to be let. Speaking French payday loans everett wa but little Arabic, you go out to furnish and prepare it. Wait til the plaster has dried an rejoice that you have resisted blackmail. Oh bother , the flat still lacks furniture and anything else.

To be fair, the complex is in a delightful place, ideally placed for golf, water park, riding, nearby restaurants, Marjane,golden beach (though not on the front line) etc.

I bought at the beginning through English lawyers who decided not to go on doing business with Compass, then Compass switched to Canadian lawyers.

But the prospective buyers need to ask a question as to why a firm of lawyers would let a client go. But the prospective buyers need to ask a question as to why fast payday loans online a firm of lawyers would let a client go.

But the prospective buyers need to ask a question as to why a firm of lawyers would let a client go. Well, you can still get things done but you will wait forever - and they know damn well you are pushed for time so sit around with your dossier on the desk and do nothing. This is a fact - and it is high time prospective purchasers were given all of the relevant information before making the decision to purchase.


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Our sale completed in March 2008 and we are still waiting to get paid in full! In my opinion Morocco is NOT a place for UK buyers to invest in property. They are too used to everything being done in the UK on the straight and narrow, when involved in matters of property transactions. They see a foreigner what information do lenders required for unsecured loans over there and the only thing on their mind is rich pickings. In fact - after 30 years of spending a fair bit of time over there I realy do think things are getting worse - not better - as a few years ago the bribes they were asking for were a pittance, but now they have got really greedy. I personally know a Moroccan lady who is still trying to get a tenant out of her apartment after THREE years of unpaid rent. She is Moroccan (the owner) It is a minefield and you just cannot trust anyone to handle your letting for you while you are online loans instant decision abroad. Apart from the corruption the ridiculous laws does not help e. VAT on mortgage interest rate, import duty on used personal belonging etc. Apart from the corruption the ridiculous laws does not help e. VAT on mortgage interest rate, import duty on used personal belonging etc. Camel, it is sad to see and you are correct the more investment that comes into the country the more rife is the corruption. Hopefully the better developemnts will be employing well establised Management companies to deal with the issues of rentals, many are employing internationally renowned Resort and Management companies. Compass Properties appears to be run entirely by Americans, displaying bibles on their desks, the company is registered in Barbados. They employ Moroccan staff who I have never found to be other than helpful and honest in the administrative tasks they carry out. Official bribery is very rare in England, (below the political sphere where planning permission is swapped for amenities that are seen as political advantages like schools).

But try to get a non- paying tenant out who is wrecking your property and the council officials will advise them on how to gain many extra unpaying months by going to court, making a token payment etc. Not of course that I would wish to gas or electrocute or evict my tenants ( and have avoided doing so so far) but keeping up to date with the regulations and filling in ever more forms is a disadvantage of renting property in England. Taking the rough with the smooth, I have got a beautiful flat (by dint of buying two and joining them) in a lovely place for less than half the price of the equivalent in England. I may be naive, but I have liked the Moroccans I have met who have been friendly and kind - strangers have gone out of their way to help me with little things and not for money.

It is the foreigners in Morocco, such as an Irish company, that have tried to con me. They employ Moroccan staff who I have never found to be other than helpful and honest in the administrative tasks they carry out. WHAT ROLE ARE PLAYING ARE THEY AGENTS OR DEVELOPERS???? TAKING fast payday loans online OFF 5M TO 10M PER APARTMENT WILL GIVE COMPASS SPACE FOR A FEW APARTMENTS TO POCKET THE PROCEEDS. THE DIFFERENCE IS THAT IT IS DONE MORE SUBTLY AND NOT ON YOUR FACE.

But try to get a non- paying tenant out who is wrecking your property and the council officials will advise them on personal loans companies how to gain many extra unpaying months by going to court, making a token payment etc. WHAT YOU HAVE OVERLOOKED IS THAT THE DEPOSIT LODGED IS INFORMATION THAT BELONGS TO THE GOVERNMENT AND IS BEING MANUPLATED BY THE GOVERNMENT AND YES ONCE AGAIN THE INSURANCE PREMIUM TAX GOES INTO THE TREASURY. Not of course that I would wish to gas or electrocute or evict my tenants ( and have avoided doing so so far) but keeping up to date with the regulations and filling in ever more forms is a disadvantage of renting property in England.

Taking the rough with the smooth, I have got a beautiful flat (by dint of buying two and joining them) in a lovely place for less than half the price of the equivalent in England. I may be naive, but I have liked the Moroccans I have met who have been friendly and fast payday loans online kind - strangers have gone out of their way to help me with little things and not for money. YOU CAN KEEP THE GOOD ONES AS FRIENDS ITS THE BAD ONE THAT ARE POLICE, CUSTOMS, TOWN PLANNING, ETC, THE ONES THAT YOU CANT AVOID AS THE SYSTEM PUSHES TOWARDS THEM. IT IS FOR THIS REASON NO SOCIETY CAN CLAIM THAT THEY ARE RIGHT AND OTHERS ARE NOT. IT IS FOR THIS REASON NO private loan lenders SOCIETY CAN CLAIM THAT THEY ARE RIGHT AND OTHERS ARE NOT. The idea was for start renting from christmas onwards. On a visit over there a couple of months ago, I discovered that our guardian had been living in the house for 6 months. Had had a number of unsavoury friends round, playing loud music every night into the early hours thereby alienating our (local) neighbours to such an extent that they were considering moving.