Morocco Property Forum - Property investment in Morocco - View Single Post - Alcudia smir

btlwinner · 25-09-07, 05:26 PM

Tootsie,

I personally am looking to hold for a few years and use as a holiday home. I may end up flipping but not at the moment.

Saying that, I think the units already have a resale market and with prices having gone up in the various phases, my unit is already worth about 145,000 Euros. That’s almost 25,000 Euros more than what I paid! Albeit this may only be on paper, I can see that agents are moving this product and that there are only very few good units on for resale.

Finally, I see that Camel seems to have put some negativity in to your head... What I would recommend is taking a trip to the site and seeing for yourself what the area has to offer and then perhaps approaching Fedesa and taking a look at their set up and some of their finished or part finished product. That way, you can form your own opinion as to the quality of investment Alcudia really is.

25-09-07, 05:26 PM	#6 (permalink)
btlwinner Junior Member Join Date: Aug 2007 Posts: 8	Re: Alcudia smir - pros and cons Tootsie, I personally am looking to hold for a few years and use as a holiday home. I may end up flipping but not at the moment. Saying that, I think the units already have a resale market and with prices having gone up in the various phases, my unit is already worth about 145,000 Euros. That’s almost 25,000 Euros more than what I paid! Albeit this may only be on paper, I can see that agents are moving this product and that there are only very few good units on for resale. Finally, I see that Camel seems to have put some negativity in to your head... What I would recommend is taking a trip to the site and seeing for yourself what the area has to offer and then perhaps approaching Fedesa and taking a look at their set up and some of their finished or part finished product. That way, you can form your own opinion as to the quality of investment Alcudia really is.