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This is why they lost exclusive rights to sell Phase 2 of this development. I have two appertments with this company (La Baie) and would love to sell them but do not seem to be getting anywhere when I ask.

So far touchwood , apart from the obvious delays that all these developments go through , i havent had a problem and whenever i contact the citylife offices i always get a prompt reply updating me. This delay is not worrying me as i prefer cash installment loans to hold on to my money until the very last minute.

I was in tangiers in july this year and visited the site. The first 2 rows are ready apart from the lifts being connected , and the landscapping work bordering the main road has been completed. A number of people have already moved in and the place is starting to have a lived in feeling about it.

The contractor was tarmacing the drives so that owners who had already moved in to the first two rows didnt have to drive over mud etc. The build quality and finish of these properties are dreadful payday loan maryland and unhabitable, with unadequate lighting and no working lifts. Citylife---Vision has stoped building this tower block this has stoped for about 3 months the builders have walked off site thay have not been pain everything has gone.... Several people have paids thousands of pounds without recieving a contract for an appartments in this vision project. This is why they lost exclusive rights to sell phase 2 of this development. I know there is at least 20 people who want their money back from this company. I was told that the business was taken over by Cap Properties as most of the staff left or were sacked and Citylife could not manage anything in Tangiers as they are rarely there. They also tried to sell furniture but that seems to have failed as well.

The last building that was like this one collapsed a short time after it was built thankfully it was not finished completely so nobody was in the building at the time. Certainly makes interesting reading but sba fast online payday loans home repair loan not greatly surprised given the on-going run-around the company have given me (and others it would seem) with regard to investments in Morocco.

They pushed pretty had for me to convert my investment into their Argentinian project but wanted incremental funding to go along with it! I also have contact with a couple of other people so that could be more to join forces. I am absolutely snowed under at work at the moment and have not had chance to do anything further yet. However I am fed up to the back teeth with this whole situation. I do want to take legal action but worry at what the costs might end up being. Am away over the Easter holidays for a much needed break.

When I return and am thinking straight I will attempt put my mind to the next step.

I would like to get the money returned without having to go through solicitors if possible but!? After all the contracts we signed are for now for properties which are not going to be built to the design specified or the site specified.

Marrakech 123, Nettle, All at Sea - any more thoughts on taking action? I wonder how many more people there are out there in our situation. Will be in touch when I have some more time to think about it some more. Any investors who originally bought into Salama Valley may have received information about a new development near Marrakech which is built and ready for occupation.

Anyone who transfers from Salama Valley into the new development is relinquishing any rights and money paid into Salama Valley. In the current climate its hard to see how this would make any financial sense and payday loan maryland would see an immediate financial loss even with the expected discounts for the new project. Is this new project being offered by the same developer? If no compensations or substantial price reductions is offered, it does not make any financial sense to invest in this new project. No its a different developer but R2i are still managing this.

I am a legal advisor based in London with legal connections in Marrakech. I have received in the past enquiries from investors who have purchased with R2i. I am astonished at the way R2i has sold their projects in Morocco. They were asking for payment for the whole amount up front for a project which as not even started, or might not exists. Has anyone heard anything similar or to the contary?

I also have contact with a couple of other people so that could be more to join forces. Pretty much radio silence from R2I in terms of any progress on any development or cash refund for those, like me, looking to walk away from a mess in Marrakesh. I know this question has been asked a few times before on this forum, but I was hoping for advice from you all with my own unique situation. I am sadly not a real estate mogul, but rather a lowly English teacher who will be in Morocco working as an au pair for the next several months but officially I will be going as a tourist. I will be receiving what is for me a sizable salary during this time, and do not want to leave it all in Morocco. I have enough money to pay for these things while I am in the country, so I simply need to be able to leave the country with this amount in either dollars or euros. In the grand scheme of things this is a pretty insignificant amount, but I payday loans in missouri am afraid of being stopped as I leave the country with roughly 1300 euros in my pocket. Does payday loan maryland anyone have any insights as to what I could do to avoid this situation? Is this amount something that would be a problem at customs?

Or perhaps could I use a service like paypal to be paid by my employer? When the Egypt forum was launched it rapidly became the most popular and most visited destination Worldwide.

Those of us who were involved from the very beginning understand only too well why it was discontinued. It is incumbent upon all of us involved in the industry to pay major attention to due diligence and, in particular, to the credentials of the lawyers preparing the documents.

It payday loan maryland is not enough to know that land is legally owned and planning permission is in place prospective buyers need to know more background on Developers and their past performance to be able to guage the likelihood of a project reaching completion. It is incumbent upon all of us involved in the industry to pay major attention to due diligence and, in particular, to the credentials of the lawyers preparing the documents. It is not enough to know that land is legally owned and planning permission is in place prospective buyers need to know more background on Developers and their past performance to be able to guage the likelihood of a project reaching completion. Over the years speculators saw Egypt as a quick profit making destination with flights and buy-to-let options that were too good to miss especially with all the credit and cash flying around. Flights are astronomical compared with 1990 fares and hotel charges. The situation is not beyond repair, however it is not a quick fix. Property sales and vacations are still highly demanded but lessons have to be learned, mostly by officials, but the punters must also realise that in these times of upheaval, riots and revolutions, greed must be curtailed. Social networks such as these forums play a part when researching the dangers as well as the lucrative best buys and these new posts must be a tool for free speech not just for responsible promoting.

If they want to trade, Egypt must change with it and be more responsible to its customers not just trying to fix their own problems but satisfying every demand placed on them.

I am interested in purchasing a small amount of land in Ouarzazate. As a foreigner (British) I know little about the process involved when aquiring a portion of land in Morocco. All I have at this moment is my interest and the understanding I will need the assistance of a notaire. What are the obstacles, what should I be immediately aware of and online bad credit loans what is important to understand, all particularly as a foreigner. As a foreigner, you are not entitled to buy agricultural land. If the land you are planning to buy is agricultural (in most cases it is),you will need to apply for a VNA certificate to change the status of the land before the signature of the deed ( acte de vente ). As a foreigner, you are not entitled to buy agricultural land. If the land you are planning to buy is agricultural (in most cases it is),you will need to apply for a VNA certificate to change the status of the land before the signature of the deed ( acte de vente ). Or there could be a way for us to communicate outside these forums. How about buying and establishing a business in Morocco? Since the arab spring I was wondering about establishing a dive center. Certainly makes interesting reading but not greatly surprised given the on-going run-around the company have given me (and others it would seem) with regard to investments in Morocco. They pushed pretty had for me to convert my investment into their Argentinian project but wanted incremental funding to go along with it!


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I also have contact with a couple of other people so that could be more to join forces. I know this question has been asked a few times before on this forum, but I was hoping for advice from you all with my own unique situation. I am sadly not a real estate mogul, but rather a lowly English teacher who will be in Morocco working as an au pair for the next several months but officially I will be going as a tourist.

I will be receiving what is for me a sizable salary during this time, and do not want to leave it all in Morocco. I have enough money to pay for these things while I am in the country, so I simply need to be able to leave the country with this amount in either dollars or euros. In the grand scheme of things this is a pretty insignificant amount, but I am afraid of being stopped as I leave the country with roughly 1300 euros in my pocket. Does anyone have any insights as to what I could do to avoid this situation? Is this amount something that would be a problem at customs? Or perhaps could I use a service like paypal to be paid by my employer?

Hi Veronica, my name is Liz Morris and we are trying to find details of an owner in Sunset pearl with an apartment for sale...

So, well done property forum you stopped all the complaints being read by possible future investors about crooked developers - shame on you!!!! While I appreciate your comments please note that the actions you refer to were taken prior to our purchase of the site, although many of these actions were made with good reason.

I know that the former owner received numerous legal complaints about slander and defamation published by some members of the forum about individual companies.

In many ways it was those making potentially defamatory comments, many of which were unfounded or unproven at the time, which spoiled it for everyone else. Dear Mark and thank you for allowing to post what I have. The company who sent out the legal threat to the previous owner was not aware that this particular company sends threatening legal letters out like dolly mixtures!!!! Todate this company has destroyed many peoples lives, divorces, uk homes have been repossessed because they invested with this company and do not have anything built for their money.

The forum was a voice to other would be fools not to hand over their money to them, however for some secured loans online it is too late. I would like to second what TheFamily have just stated. For over 6 years terms and conditions of salary loans now developers have used their positions to undermine their industry with many investors left in the wake of corruption and bullying tactics.