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Morocco - My Next Target


dogbox
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Well Rondy and Jesus, you've really shown your true colours and discredited yourselves totally.

The punters haven't left the forum - it's just that we're not as full of verbal diarrhoea as some people.

The latest photos of Saidia ( and I've seen over 400) look fantastic actually and I'm very pleased with the way things are progressing.

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Well Rondy and Jesus, you've really shown your true colours and discredited yourselves totally.

The punters haven't left the forum - it's just that we're not as full of verbal diarrhoea as some people.

The latest photos of Saidia ( and I've seen over 400) look fantastic actually and I'm very pleased with the way things are progressing.

Check out the user bar at the bottom its just you and me fws, as a matter of interest have you 'invested in Sadia?

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No one has left, there is just nothing left to say!

The project makes good progress. There are pictures all over the net.

Bottom line:

I think we all agreed a while back that we would not who was correct the bulls or bears for at least a couple of years.

Why you bears are dancing a nasty vicious 'victory' dance in this thread is beyond me and very premature. True colours indeed.

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Well Rondy and Jesus, you've really shown your true colours and discredited yourselves totally.

The punters haven't left the forum - it's just that we're not as full of verbal diarrhoea as some people.

It was a freaking joke! Chill out man.

If you haven't left the forum, how come you do not add any contribution anymore?

Let's be sincere, Morocco was the hype of 2006, Brazil was the hype of 2007 and there is no hype in 2008 as banks do not lend money anymore

for stupid dreams...

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They can't take the joke Rondy because there beloved Saidia is not shaping up.

Here is a dogbox quote from yesterday on another forum

I'm guessing here, but wont each of the 3 courses be different? One flatter, one undulating and so on?

I agree about the ugly pylons and would add the tall white lamp posts look very incongrous. Surely the hotels will complain about this?

I suspect a lot more planting will be done which will soften everything.

I'm not loosing faith though. I was offered a small unfunky chintzy 2 bed detatched villa on Desert Springs for 550k! No pool, no marina etc.

And here is on from Soup Dragon yesterday

There's only one picture of a green and while its hard to tell from a distance, I'd say it doesn't look great. Would like to see some close up pictures of the greens / hear from someone who has been over recently.

here is Steve C's input

I agree, 'the Palms' (el palmeral) which is supposed to be open, doesn't look at all impressive to say the least .

It looks like a poorly thought out rush job to me. Flat, spartan, dull and uninteresting

I'll reserve final judgement pending further photos, but so far not so good

BTW on a similar note. I hope they will be doing something about the plethora of ugly electricity pylons all over the place. Before I bought I was told that there would be a great effort to keep most of the power cabling underground. Bit by bit I'm losing faith in what I've been told. Standards could well be slipping in the rush to get things finished.

And here is what fws thinks on this forum

The latest photos of Saidia ( and I've seen over 400) look fantastic actually and I'm very pleased with the way things are progressing.

Joking aside fws there are a few Saidia investors who would beg to differ.

Dogbox for over a year now has been going "on and on" about Saidia more than Stephen Bishop and Aswad put together. He is the true peid piper of Saidia

storyf.jpg

and at the same time has discredited the resorts in the north west of Morocco without knowing anything about them.

To use a phrase from Blackadder "We're as similar as two dissimilar things in a pod."

Anyway I'm off, just had a hot tip that Jamaica is the next big investor hotspot, I have been advised there are lots of pretty women.

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They can't take the joke Rondy because there beloved Saidia is not shaping up.

Dogbox for over a year now has been going "on and on" about Saidia more than Stephen Bishop and Aswad put together. He is the true peid piper of Saidia

and at the same time has discredited the resorts in the north west of Morocco without knowing anything about them.

To be honest, I am looking forward for new places for my holidays, Spanish Costas are completely wrecked and Turkey is too far.

I shall give a shot to Saidia and north west MOrocco when they are ready.

I am happy that the Morocoo hype is over, it was getting annoying (especially from people like Dogbox who does not have any idea what is talking about).

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To be honest, I am looking forward for new places for my holidays, Spanish Costas are completely wrecked and Turkey is too far.

I shall give a shot to Saidia and north west MOrocco when they are ready.

I am happy that the Morocoo hype is over, it was getting annoying (especially from people like Dogbox who does not have any idea what is talking about).

Morocco is not all about Saida...even though some people might think it from looking at moroccan related threads on this site! Apart from the PLan Azure resorts (of which Saida is just one by the way!!) there has been considerable activity in Marrakesh, Agadir & Essouaria by the Brits. However the Spanish, French have also been active in places that are rarely if ever mentioned on these forums. El Jadida is a great resort town...not marketed to the Brits at all (although this may change with the new Mazagan development on the cards now starting). Some prices in areas away from the coast have been startling also driven by the move of domestic flights from casablanca airport to the new one near Benslimane.

Also renovation of medina properties continues apace. Renovation is particularly attractive in morocco due to the relatively low labour costs & the quirkiness of the properties (they are not all huge riads you know). Many Brits are put off by this due to the sometimes complex issues around ownership, language barrier and the difficulties of renovationg at a distance...the Spanish have no such qualms & have been pretty active in this area for the last couple of years. (& yes we have done the renovation route having been turned off by the off plan twists & turns at Tanjah Beach)

Not wishing to bang on like dogbox BUT the infrastructure issues are being addressed ...not just for Saida but for other areas of the country. This shows me that these people are serious about moving their economic base.

One thing I thought telling...sand is becoming a precious commodity....I kid you not, the price has gone UP throughout last year as (it is rumoured) one developer from the middle east bought up the entire country's stock for their development. So now we individual renovators have to watch the quality of the sand we are getting on site...enterprising locals are visiting the beaches with their donkey carts in the middle of the night and loading up!! Yes it's illegal, & no you really don't want this in your cement mix...solution....taste the sand for salt when it arrives on site. Annoying but , to me, a clear sign that things in Morocco are on the up!

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The negative comments made by those that have bought in Saidia is with reference to pictures of a golf course, not general pictures of construction / completed sites in Saidia. There is confusion over whether or not the first course has indeed been completed. I'm aware that golf courses take time to set, if set is the right word. (You don't just landscape then plant grass and hey presto have a championship standard golf course 6 weeks later.)

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Jesus,

You're just a Troll who gets some kind of twisted thrill out f other people's bad luck or misfortune.

Next time you're rubber necking as you go past a pileup let's hope that .........

Berk

I will do my best for you gavin but I can't promise anything. Matron only allows us out for a few hours after we have taken our medication and the electric genital cuff has us all conditioned.

Saidia investors won't thank you for implying they have had bad luck and misfortune. If this is your opinion then you are sadly wrong. Saidia is a good investment, my point if you cared to negotiate around the banter at dogbox's expense is that it's not the only good investment in Morocco.

P.S.

I can't see dogbox in those red and yellow knee length trousers can you!

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  • 2 weeks later...
  • 2 weeks later...
What is happening.? No posts on the Morocco post for over a week!

Did anybody actually buy anything or was it all hype as we suspected?

How are the figures looking Dogbox?

Hi Picnic,

Do you own a property on the site, or are you planning to buy one?

If the answer is 'no' to both questions perhaps you could explain to me why you're on this site and appearing to be revelling in what you think is other people's misfortune?

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Hi Picnic,

Do you own a property on the site, or are you planning to buy one?

If the answer is 'no' to both questions perhaps you could explain to me why you're on this site and appearing to be revelling in what you think is other people's misfortune?

Hey gavin Im rubber neckin again, why do you keep banging on about peoples misfortune.

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Hey gavin Im rubber neckin again, why do you keep banging on about peoples misfortune.

Hey guys, I googled this site especially for you all! That will save you wittling the time away on a subject which you obviously have no invested interest in??? Never fails to amaze me! Hope it helps.

http://www.urban75.org/useless/bored.html

Edited by rorypops
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Serious question time.

My sisters are planning on moving to morocco in, like, September. They've got 'boyfriends' over there and want to essentially relocate. They want to buy because they think this'll give them residency and let them work.

I've done a bit of digging, and I've found a couple of sources that says owning property in morocco is not a guarantee of being offered a permit to reside or, more importantly, to work. I know that work permits are heinously restricted in an attempt to halt local unemployment, and frankly, I don't think the bar work they're hoping for is going to cut it.

Does anyone have any information one way or the other?

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Hi Picnic,

Do you own a property on the site, or are you planning to buy one?

If the answer is 'no' to both questions perhaps you could explain to me why you're on this site and appearing to be revelling in what you think is other people's misfortune?

Apart from the obvious I guess Picnic is trying to highlight the folly of engaging in overseas speculative investment during the fag end of the biggest ever credit bubble.

Prodding Dogbollox, who has been ramping this pile of crap for I don't know how long is a highly commendable activity - giving much needed balance for those stupid enough to be sucked in by the promise of easy money. Good work Picnic keep it up.

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Yes the knives are out. Any investment in morocco has to be chosen wisely just like anywhere else.

But to more pressing matters.

I have a carrot in the fridge that has been there for quite some time now. I didn't use it with the others because it looked small and mall formed. Anyway, every time I open the fridge door it catches my eye and I am feeling guilty. My fridge is a good one and has done a good job of preserving the carrot but on the last inspection it was quite limp. I feel embarrassed to mention it on this thread because I don't think it's a Moroccan carrot, but the worry outweighs my guilt. I am afraid that it has squatters rights, in fact it has been there for so long it might even have prescriptive rights. I am at my whit's end. Does any one have any advice, if so please keep it to your self.

HaHarrr.

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Just come back from two weeks in Morocco, and I was shocked by the the over valued pieces of crap that were on offer. Especially in Marrakech and essaouira... Holy Crap!

The problem is that now that all you idiots tried property investing there, paying through the nose for junk,you have to laugh at the ridiclous prices being asked for a mud walled so called "riad"... £250K! And the Moroccans actually beleive they are worth that much because some goon paid that for the one next door, a Moroccan will never accept that prices will go down, even if they have to hang on their mud walls for 30 years, so good luck for the future.

Congratulations!

:lol:

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I just found this forum and I have been laffing my fat butt off for the past 5 minutes. I bought in Saidia a couple years ago and have just bought an apartment in a development down from Casablanca by the new Plan Azur resort with the casino. Im not worried about all this negativity around Saidia as I think in the long term it will be a nice resort. Theres just probably a lot of crap that needs to be ironed out before it gets to that stage. Mine is delayed as I suppose they all are now?

However I do agree with Jesus that there are other good investments. I am still very bullish on Morocco - you just need to be choosy. My recent one in Sidi Bouzid near the new Plan Azur is where locals are buying so I know Im safe. I went out last week to see the site and a bunch of Moroccans pulled up in their car to look also - as we left I saw the developer filling in contracts (same price as I paid too ) so I reckon thats as good a sign as any if locals are buying.

Jesus - Please can you let me know where I can get one of those electric genital cuffs - they sound right up my street....reckon the wife would love it too.

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  • 1 month later...
I just found this forum and I have been laffing my fat butt off for the past 5 minutes. I bought in Saidia a couple years ago and have just bought an apartment in a development down from Casablanca by the new Plan Azur resort with the casino. Im not worried about all this negativity around Saidia as I think in the long term it will be a nice resort. Theres just probably a lot of crap that needs to be ironed out before it gets to that stage. Mine is delayed as I suppose they all are now?

However I do agree with Jesus that there are other good investments. I am still very bullish on Morocco - you just need to be choosy. My recent one in Sidi Bouzid near the new Plan Azur is where locals are buying so I know Im safe. I went out last week to see the site and a bunch of Moroccans pulled up in their car to look also - as we left I saw the developer filling in contracts (same price as I paid too ) so I reckon thats as good a sign as any if locals are buying.

Jesus - Please can you let me know where I can get one of those electric genital cuffs - they sound right up my street....reckon the wife would love it too.

You must all be bloody mad paying 120k for an average apartment, no reasonable access, no infrastructure, no demand, islamic country, King dies who knows what will happen, not a familly destination, no direct flights, rentals max 2 months at 1/4 expected rent, next to a volatile country etc..etc.

If you have already bought...good luck, if everything goes to plan wait 5-10 years to realise any return.

For me to get to Saidia and rent an appt for 2 weeks, I could get 2 weeks in the Domincan all inclusive for half the price and get there quicker. Not that I want that though, if you are thinking of saidia 'dont do it'.

Just my 2 penneth worth

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  • 2 weeks later...
You must all be bloody mad paying 120k for an average apartment, no reasonable access, no infrastructure, no demand, islamic country, King dies who knows what will happen, not a familly destination, no direct flights, rentals max 2 months at 1/4 expected rent, next to a volatile country etc..etc.

If you have already bought...good luck, if everything goes to plan wait 5-10 years to realise any return.

For me to get to Saidia and rent an appt for 2 weeks, I could get 2 weeks in the Domincan all inclusive for half the price and get there quicker. Not that I want that though, if you are thinking of saidia 'dont do it'.

Just my 2 penneth worth

120K for an average apartment? 120 for a serviced high spec Magnum, the APs are much cheaper

No demand?

Islamic country, well so is half of SE Asia

Next to a volatile country? The UK is a volatile country and we spend most of the year in it.

Not a family destination, based on what, have you actually been?

And why do you feel the need to give your two penneth worth if you're not buying in Saidia?

Perhaps those of us who have purchased have visited the area and done a bit more research than you appear to have done.

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And why do you feel the need to give your two penneth worth if you're not buying in Saidia?

Perhaps those of us who have purchased have visited the area and done a bit more research than you appear to have done.

I think you'll find that the majority of the 647 odd posts on this thread are two penneth worth.

Just my 2p worth.

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  • 2 weeks later...

Since it started in april 2006 until Jan 2008 this thread got roughly 28 posts per month.

Now it gets 6.6 posts per month.

I think that these figures might show us how the appetite for foreign investments generally has slowed.And that those people suggesting 'buyer beware' might well have had a case!

It certainly seems to mirror what is happening on the streets in the UK (if you happen to be in estate agency )

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