moroccomania

nisrine

You are a very kind hearted person not to say anything negative about any development. It's possibly because you don't have any opinions???

If you re-read all my posts, you will see that I have always said houara is an excellent development, it's beautiful and works really well as a holiday home. My argument has always been based on the investment angle - nothing else! Please re-read my posts.

I will not repeat myself as to why I believe houara is not good for investment. Please re-read my posts! I do think that its an exclusive development where "select" people can go on holiday, play golf and enjoy themselves. The difference between houara and other such resorts is that houara is for "select" people, and there is no other difference. Those select people are much less in number than the rest of us! Hence, to target a resale to those select people becomes difficult, whereas other similar resorts have a much wider audience and appeal - prices are much more affordable, and they have the option of moving on the property may be 2-3 times before prices peak out. That cannot be done with houara.

Lastly, why many people have invested in it is their concern, not really mine. Everyone has various reasons for investing/buying - may be they are holiday home owners, may be they have the spare cash, may be they are not looking at an exit - number of reasons. I have just put across mine, that's all.