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I dont think that i would buy offplan at this time as a number of off plan in tangier have come to a holt. Buyers please be patient or keep hold of your savings until the slump is over. Initially, yes, very silly - for a loans for bad credit no fees mostly unproven tourist destination, at prices that only Europeans can afford and lets face it in a country that cash loans in va doesnt even have the infrastructure for tourism yet.
Secondly, this is the entry price, prices in other emerging markets have risen to these levels gradually after several years, alongside the local populations wealth.
But, then on more thought, why shouldnt supposedly quite luxurious and well planned tourist accomodation in (almost! Its the effect of globalisation, a 2 bed appartment on the beach catering for European tourists costs pretty much the same everywhere. Bring into account the uber-rich Arabs and then even Saidia and Al Houara at up 3 times this price could be realistic. On balance though, I do think as these are mostly tourist developments (not residential) and there are few tourists at present, paying such an inflated prices and hoping for anything other than a longterm profit is a bit ambitious. Yes fdic small dollar loan I understand there are silly prices in Morocco and the country does not really have the tourist, transport, communication and the national health infrastructure. As I understand you can find a decent appartment in Gueliz, Marrakech for 11,000 to 12,000 dirhams a square metre. On average an appartment is approx 80 square metres. 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. 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 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 loans for bad credit no fees few years ago the bribes they were asking for were a pittance, but now they have loans for bad credit no fees got really greedy.
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Finally the moroccan dirham currency is not recognised outside Morocco.
There are control restrictions and taxation to convert the currency for exportation.
As an investor do you realise that the hospital and medical bills are expensive (I once paid 2000 dirhams in a clinic to have xrays and injection to kill the pain)? Do you realise the Moroccan mobile meditel and Maroc telecom is more expensive in tariff than England? Do you realise you have to pay garbage tax on your property? Do you realise you cant buy a car in Morocco until you have a Moroccan residence card?
Do you realise that when you go to shop in the souk there are no set prices displayed and that you have to bargain all the time? Do you realise that to marry a moroccan you need to make a dosier of approx 13 documents of yourself plus your fiancee, and you need to seek approval from the judge for marriage? Do you realise that you cant deposit dirham into your bank account until you have a moroccan residence card?
Do you realise that for any minor fault the moroccan police will ask you for bribes? Do you realise that you can go to jail for giving a bank cheque from payday loans online bad credit an account with insufficient funds? Do you realise that Morocco has big problems with prostitution, peadophilia and child loans for bad credit no fees labour?
Do you realise that in August the temperatures are extreme of approx 45 degrees?
Do you realise that electric bills are more expensive in touristic areas than local areas? Do you realise that even to use a public toilet you need to tip the waiter? Do you realise that speaking a foreign language will get you in trouble to buy your produce from the souks as they will inflate the prices? Do you realise that shopping for clothes or food is more expensive on average in Morocco than in England? Do you realise alot of Moroccan migrants make there lives more economical to live in Spain, France, Netherlands, Belgium and etc than in Morocco? I think you just pointed out some negative sides of Morocco, which a lot of them are not true. Weather in Morocco varies greatly- from 40 degrees in August in Marrakech to 20 degrees in August in Ifrane or Essaouira. If you have a property to rent - the obvious choice is to do it through a respectable agency, renewing contract yearly. As for how to get a cash loan medical expences, they are no different, than say in Spain. If you would need medical help in Spain, unless you have insurance, you would pay a hefty price for any help. Did you forget British Gas ripping you off every winter for keeping you warm?
Did you forget robberies, gun crime, knife attacks in broad daylight??? Did you forget that cost of living in London is one of the highest in the world?? Did you forget how many repossesions of homes left families homeless?? Did you forget about goverment actually warning people about shortages of money for pensions and planning to extend retirement age to 67?? And I think most of all you forgot that Morocco is developing North African country. At least in Morocco foreigners are respected and not discriminated against. Yes there are some problems within society - selfishness, i need a loan today greed and materialism, but also there is kindness, hospitality and willingness to change. I think you just pointed out some negative sides of Morocco, which a lot of them are not loans for bad credit no fees true. Weather in Morocco varies greatly- from 40 degrees in August in Marrakech to 20 degrees in August in Ifrane or Essaouira.
If you have a property to rent - the obvious choice is to do it through a respectable agency, renewing contract yearly.
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And I think most of all you forgot that Morocco is developing North African country.
At least in Morocco foreigners are respected and not discriminated against. Yes there are some problems within society - selfishness, greed and materialism, but also there is kindness, hospitality and willingness to change. I think Morocco is loosing its authencity or culture to foreign investment. It is a country known for kindness, hospitality and willingness to change. I am looking at your comparisons and please keep it between Morocco to england or Morocco to spain. Ok as you are aware your medical bills are paid by the National Insurance contributions to the National health service hence you get a very good medical treatment in the event of accident, sickness, or health problems. We certainly get our value for money at the National health service and the hospitality is just Excellent!
Although I am an immigrant in England but I have reason to believe that crime in England is alot between the uneconomical migrants and the uneconomical british.
The politicians have a solution but they know its problems in crime that gives their political activities alot of interest.