Jump to content
House Price Crash Forum

andy welland

New Members
  • Posts

    37
  • Joined

  • Last visited

About andy welland

  • Rank
    Newbie
    Newbie
  1. Hi All, Completly off the subject but i havent been about for a while and i thougt that you all might like to know that a major investment has been made on Jardin de Fleur by England footballers. For more info please click on the following link. http://www.propertyshowrooms.com/Forum/Topic73-12-1.aspx Regards, Andy Welland
  2. Hi Soup, Magnate and Digs, Digs - The information that you have seen on our website is a rough guide and you should always get professional advice on tax issues. Soup and Magnate - I know that Soup is using CBA Law and we have started to recommend this company to our clients that are buying in Morocco. I spoke with Ross Coates last week and they have a new lawyer that is from the Tetouan area starting tomorrow who can also advise on Tax implications. You may have noticed that there are more apartments showing as available on the JDF website, this is due to Property Logic having a clean up on clients that have had reservations placed for long periods of time but have not gone to private purchase contract. Digs - I would look at the ground floor units in Block 11 - They are West facing and also close to the pool and Club House. I still prefer the RT7 plot more than RT2. The apartments are bigger, They are more central within the resort, They are closer to the Marina, and they are cheaper. Also they are within phase 2 of the development so they will complete later than RT2. I also spoke with Superior yesterday (Oasis Beach and Golf) who have told me that they have purchased one of the locals within the Commercial center which they will be using for onsite rentals and resale's. Regards, Andy Welland
  3. Hi Soup I have just phoned Property Logic to see if i can find out for you. It shouldnt be to hard as they have started to move the earth and create the water hazards on that golf course, plus they have also put in markers as to where the holes are going to be. They said they will get back to me but failing that i will be there again on the 1st of september. Andy Hi Soup, This is even quicker. Take a look at the picture attached, i got this from the following link http://www.segalesgolf.net/disenyo.php?lang=eng&id=75 Andy
  4. Hi Everyone, Ok VAT in Morocco is a subject that I will be the first to admit is not my best subject, and I have seen lots of various postings on the subject saying that you have to pay it, you don't have to pay it and so on and so on. If you take Saidia as an example Fadesa and Tasa promoted their prices and then added 14% VAT where as JDF and Oasis prices were inclusive of 14% VAT. If VAT was something that didn't apply to off plan property in Morocco then I am sure that as Saidia is the Kings and the Governments main focus at the moment it would have been bought up by now. I have heard that there is possibly something going through that could reduce or take VAT off New Build properties.......I take this as exactly that, a possibility. Until this becomes fact then everyone should understand that they are paying VAT, even on the Fadesa Kabila project the prices are inclusive of 14% VAT. Lets say as an example that something is put in place for 1st of June 2007 and from that point there is no VAT on off plan property in Morocco. a) Would this then apply to people who have purchased in 2005 / 2006 but don't complete until after this date? Would this then be calculated and taken away from the final 60% that the client has to pay? c) How will it effect prices? d) Will someone who buys on the 1st of June 2007 in effect be getting the property at the prices someone purchased for in mid 2006? This is all speculation but I am sure these are the sort of things you are asking yourself now. My advice would be this. At this moment in time you should be aware that there is 14% VAT in the prices. If anything happens in the future that changes this then you will have to wait until you know the facts and how it will effect you. If you get anything back then see it as a bonus. The one thing that I will add is that I cant see anyone getting property in Morocco for a price that is less than what you are paying now. Hope this helps, Andy
  5. Hi Gasman, If you email me on [email protected] i will send you some details on Fadesa´s Kabila development on the Med Coast. Andy
  6. Could you let me know what is said within the program......only because i live in Spain and channel 5 is impossible to get in the UK, let alone over here.
  7. No problem, if you need any further info then please feel free to contact me directly. Andy Welland Overseas Property Manager Property Showrooms [email protected] Website: www.propertyshowrooms.com Tel: +34 952 475 506 (Outside UK) Tel: 0871 734 1851 (Within UK) Fax: +34 952 917 461 E-Fax 0871 277 4725 (Within UK)
  8. Hi Soup Dragon, I noticed your posting on the C4 forum with regards to getting direct contact with developers so here goes. La Saidia. www.fadesa.co.uk - contact details available on their website. www.lejardindefleur.com - Property Logic - no contact details available on ewebsite but send me a pm and i will give it to you. www.oasismorocco.com - Superior - contactdetails available on their website www.grupotasa.com - Tasa - Good luck with this one as their website is in spanish but should be in English within the next 2 weeks. Other projects Emaar - http://www.emaar.com/morocco/ - Not released yet Port Lixus - Thomas and Piron - www.port-lixus.com - Villas being released next month Mogador - Thomas and Piron - www.mogadoressaouira.com - Not yet released Mazagan - Kerzner - http://www.northpoint.co.za/newsite/mazagan/mazagan.htm - Not yet released
  9. Hi Big Log, I know i said that things had gone a bit quite and then all of a sudden i come back from lunch and we have a full blown debate on our hands. At the end of the day everyone has there own view which is the whole idea behind having this forum. The world would be a boring place if we were all the same. Another point that nobody has mentioned yet is the 1200 affordable homes that Fadesa have to build over the next 5 years in the town of Saidia which will be for Key workers of the resort and will also be at a preset price of (please dont take this as an exact figure) 25,000€. I can see that you are very passionate about Morocco Big Log and can also understand your concerns for the local people which really does impress me. I would really like it if you might send me a personal message on your real thoughts to the development in Morocco. I was in La Saidia on Friday and it was the first time that i have come through Oujda airport and seen military personel ( due to the kings visit ) He was supposed to be there on the Saturday but i understand that he actually arrived yesterday and there were thousands of people with flags along the streets and roads all the way from Oujda to Saidia. It is very impotant for myself as an agent (to which i have never hidden the fact) to get the best overall view that i possible can. I promote this forum + channel 4, buying moroccan property and La Saidia/ Le Jardin de Fleur to all clients that i talk to and its great for them to get such a vast range of opinions. Thanks, Andy
  10. Hi Big Log, First of all i am glad to see that yourself and others are still coming to the forum as it seemed to go quite for a little while, also unlike other chat sites this one seems to be keeping a level head about it and we are able to have an adult conversation with each other and post genuine views and opinions. I didnt mean to sound as though i agreed with what Dog Box asked. It is just that if someone asked me that question then it would suggest that their intention was to sell it on after a couple of years. I also think that it doesnt matter where in the World people buy, there will always be people that are buying for an investment to then flip it and move on. Please put this into context though as this is the only posting on this forum that i have ever seen the question asked and to be honest i dont think that one person who wants to buy a marina birth and look at it as a quick / short term investment will have a dramatic effect on the local economy. I think that in 3 years time there will be plenty of end user clients that would love to take on a marina birth that didnt have the opportunity, confidence or forsight to buy one now and that is why they will then pay a higher premium for that product, he also would have to offer it to Fadesa first who are going to be setting the minimum sales price anyway. If you asked the question to everyone who has bought in La Saidia then i would guess that at least 80% of them if not more at this current moment in time will be looking to sell at some point in the future. It could be 3 years, 5 years, 10 years or even 20 but they will be looking to sell on. The majority of people who buy abroad are not looking for a relocation they are either looking for a holiday home, rental property or pure investment. Also please find attached some pictures from last Friday Good to chat with you Big Log Andy
  11. Hi Big Log, Why else would he ask the question hahahahaha
  12. Just a bit of a general update for everyone, I have just got the first artist impressions on the Kerzner project at Mazagan which i have attached to this posting. Also I was in La Saidia on Friday and was quite impressed as i have not been there for a few weeks. So here is a bit of an update....The King was visiting the site on the Saturday so there was lots of activity everywhere from Oujda airport all the way to Saidia. In the villages along the route they were painting everything from curbstones, walls and even the bottoms of the trees and generally having a really good tidy up. In the resort itself they have now started construction on 4 of the hotels and both the Barcelo hotel and the Magnum projects are well under way about 60 / 70% of the rough construction completed. The clubhouse for the golf course in phase 1 and the marina club are both taking shape. Also the Medina at the front of the comercial centre is well under way and from what i have been told the plan is that you will walk along the seafront towards the marina and then enter the Medina through a Moroccan archway which all sounds really nice. They have also started work on the bars and restaurants that will be alongside the marina, but this has only just begun. Keep an eye on www.lejardindefleur.com as they will be launching a webcam within the next couple of weeks that will be situated on top of the Fadesa building. The great thing is that you will be able to control the camera and be able to see not just the progress of JDF but also other parts of the project. Hope this helps. Andy
  13. Hi Dog Box, I got your pm and didnt notice that you had started another topic so i was i bit confussed. I have just spoken to Fadesa who have told me that the lease is for the 60 years but is split up into 3 x 20 year periods. What will happen is that you have the lease for the first 20 years and then get 1st refusal for the next 20 years. If you want to sell at any point then you will be selling the remainder of that 20 year period and the person who buys it will then get the option of first refusal on the next 20 year lease. Please however note that Fadesa will have to get 1st refusal on buying any marina birth and they will also fix a value at which you wont be able to sell below. If you have any questions I would suggest that you contact Fadesa directly on +44 (0)20 7486 6500
  14. Hi Dog Box, I just got a personal message from you today regarding Marina births that we talked about some time ago at the time i posted the following reply. Both Jardin de Fleur and Oasis are getting their marina births from Fadesa so if you contact them directly you might have a better chance of geting one. It might be that the agent you have been dealing with is only contacting JDF who only have 10m births left. I dont know if this was an old message that has just come through but drop me a pm if you have any questions.
  15. You are so right, i am also glad that they are not just letting anyone take units there. This is just another factor in making La Saidia an exclusive resort.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.