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Why is the revenue from its phosphate industry not used on social projects or to tackle poverty? Well there is some discrimination but it is hidden in Morocco. I am sure if you show your pocket in UK everywhere then virtually you will see no discrimination!!! In my conclusion Morocco is a developing country and has to keep a balance between tourism and its culture.
Morocco has its unique taste and aliance football loans for holidays bad credit emergency payroll loan that is the authentic culture, its food, ceremonies and language! I like that because I find that entertaining and not the clubs, the casinos, the payroll loan risk mcdonalds, the KFC and the western clothing. I am selling for personal reasons, not because I dont believe in the project, I actually think the project is great and there are only 73 apartments in the whole complex, but I dont have a choice. I have the penthouse apartment facing the sea with two bedrooms and two bathrooms. The project is due for completion in October this year. If you look up Atlantic Magna there is a link to see a video of the apartments, how they are built and finishings etc.
Does anyone know of any good developments along this coastline? Does anyone know of any good developments payday loans in cleveland ohio along this coastline? If i was you, i think it would be best to hold on to your money. I dont think that i would buy offplan at this time as a number of off plan in tangier have come to a holt. There is not much speculation in the economic cities and loans for holidays bad credit the economy is growing fast, so prices might be up for a fairly long time. Now there are brokers in Morocco and the interest rates are way below what they used to be. They also went in person with me for the signing at the bank. They have a mortgage simulation tool that I fancy a lot though (check out on their website : cafpi maroc) As far as real estate agents, there are as well a lot of international real estate agents on site now, and I do like better this than what I had to deal with two years ago.
Also you can not loan money from a Moroccan Bank and send the funds outside Morocco. If i was you, i think it would be best to hold on to your money. 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 mostly unproven tourist destination, at prices that only Europeans can afford and lets face it in a country that doesnt loans for holidays bad credit 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 loans for holidays bad credit 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 loans for holidays bad credit 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, payday loans nc paying such an inflated prices and hoping for anything other than a longterm profit is a bit ambitious.
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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 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 abroad. I have been in Morocco in and out for 3 Years and can understand how rife the corruption is in the government departments. Finally I managed to make a mutual agreement for the tenant to vacate. As I understand in Morocco is that if you dont make the right tenancy agreement then you have to pay the tenant all the rent back to vacate from your property by the Moroccan Law. Most people prefer to rent appartments through estate agents. The problem with the people there is that they like to capitalise on every opportunity they can have on a foreign investor.
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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 small dollar loan referralk partner tool kit will ask you for bribes?
Do you realise that you can go to jail for giving a bank cheque from an account with insufficient funds? Do you realise that Morocco has big problems with prostitution, peadophilia and child labour?
Do you realise that the minimum wage in Morocco if you happen to be bankrupt and work is approx 1550 dirhams? 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?