| Re: New projects in Asilah We have a house in Asiah medina - we bought that rather than invest on an off plan simply because of the sheer number of units that are being planned and the apparent similarity of the offerings, made us cautious of potential rental & resale. There are 1000s of units being planned for around Asilah, but vey few actually in Asilah itself. We did a deal of research on the area before committing & there have been issues with delays in building permissions being granted, changes to build etc. Re the unit costs....an apartment around the 50k mark will usually be built by a moroccan developer and will probably not be viable for year round occupation due to type of construction and heating. It can get cold & wet intermittently from Nov through to Feb. If anyone tells you you can use a dual aircon/heater & it will be ok - trust me it isn't enough at nightime - even when it's a lovely sunny springlike day in December. there is a breeze off the Atlantic that makes things a little cooler in summer & early morning mists that burn away by mid morning are common. For us this suits a lot better than the very hot temperatures in the eastern med.
We have seen in the last year a deal of internal investment in the area & Asilah itself is very busiy June through to mid Sept. Xmas & easter asilah itself also enjoys a spanish influx However the tourist base is currently primarily moroccan familes (large families) with spanish french & dutch. The brit presence is neglible (which we like but others may not). Locals speak French & Spanish in addition to Arabic, not much English.
I hope this information helps you. |