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Buying in Marrakech

Discussion forum for expats moving to or living in Morocco.

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Buying in Marrakech

Post Posted: Tue May 16, 2006 4:45 am

We are due to visit again in November, with a view to buying a family retreat in the Medina. I know from the forum that some of you have recently purchased/have sound knowledge, and wondered if you'd share a few dos and donts - like how to find the 'real' price. Searching from overseas leads you down the estate agent route, but is this best ? All hints gratefully recieved

 

vogelsimon
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Re: Buying in Marrakech

Post Posted: Tue May 16, 2006 9:26 pm

- vogelsimon

We are due to visit again in November, with a view to buying a family retreat in the Medina. I know from the forum that some of you have recently purchased/have sound knowledge, and wondered if you'd share a few dos and donts - like how to find the 'real' price. Searching from overseas leads you down the estate agent route, but is this best ? All hints gratefully recieved



Please do not hesitate to contact me regarding property
I am a Brit living in morocco for 11 years
E mail brits_in_morocco @ yahoo.com
Don't be affraid of getting ripped off
I have the best information from experience .

Fox

 

swvmorocco
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Re: Buying in Marrakech

Post Posted: Wed Sep 20, 2006 6:46 am

I guess you could think about one of the many riyads on the market being sold by disgruntled French, disgruntled because medina life is just not that great after the first couple weeks, and also because they paid too much, found unforeseen problems, and can't get their investment out of the country. Or maybe because of the lack of services. Or maybe they've heard that the city will be facing major water shortages in the not-too-distant future thanks to uncontrolled development, too many swimming pools and golf courses, and the uncontrolled agricultural practices of Spanish and Italian wheelers and dealers who rent huge parcels of land in the surrounding countryside, over exploit the ground water resources, and export their produce to Europe without paying taxes at either end. Water is the big secret nobody's talking about when foreigners come to invest in Marrakesh. Good advice: thing about Spain instead.

 

Redcity
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Re: Buying in Marrakech

Post Posted: Wed Sep 20, 2006 6:51 pm

- Redcity

Water is the big secret nobody's talking about when foreigners come to invest in Marrakesh. Good advice: thing about Spain instead.



Redcity: How about other cities in Morocco that are not threatened by water shortage, such as Rabat for example. You don't need to leave Morocco to avoid water shortage. Unless there are other personal reasons that make you think of that...


_________________

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www.travelandnetwork.com
Your Business Gateway to Morocco

 

Shireen
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Re: Buying in Marrakech

Post Posted: Thu Sep 21, 2006 4:28 am

You're right, Shireen, Rabat is probably a better idea.

 

Redcity
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