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Buying in Sania Plage

Discussion forum for expats moving to or living in Morocco.

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Buying in Sania Plage

Post Posted: Wed Oct 18, 2006 6:50 pm

My mum and dad are out in Morocco at the moment looking to buy an apartment in the new Sania Plage. I don't know the details of this until they get back to the UK, but having bought a ski apartment in Chamonix several years ago, I know the importance of getting the right estate agent and notaire - some are just crooks.

Does anybody have any good tips/contacts should they go ahead? I belive that you put a 30% deposit down and then mortgage the rest - where is the best place to source the mortgage and bank account from.

Any tips would be much appreciated - I guess I have a lot of research to do!

Thanks - Shona

 

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Re: Buying in Sania Plage

Post Posted: Tue Nov 21, 2006 7:09 am

Hey Shona,

You are correct, it is 30% down you need to put and the bank will help you with your mortgage. I'd suggest using a European agency to avoid language issues. There are crooks and it is not unheard that several people are buying the same lot/house only to end up with a worthless paper at the end of it. Research is a great idea, getting a lawyer involved is also an added layer of protection.

As for banks with good service, it's my experience that the agency backing the sale usually has a deal with a particular bank and that will facilitate the paperwork and maybe even get you a better deal.

Best of luck,
pat

 

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Re: Buying in Sania Plage

Post Posted: Sat Aug 11, 2007 11:13 pm

Hey Shona,
I know its a while back now,but did your parents buy in Marina Smir if so how are they going on?We have just bought out there,going out in December this year to finalise everything.
Regards Paul.

 

PaulG
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