View Single Post
Old 07-11-07, 12:25 PM   #5 (permalink)
esmerelda
Junior Member
 
Join Date: Sep 2007
Posts: 18
Re: Morocco property prices double in one year

On what do you base these figures. beware agents spiel. I have heard some incredible figures & it's tosh! If anyone says that off plan units have increased by x% - well they have if the agent says so but noone's actually resold anything have they? so an agent can quote any figure.It's meaningless until you try to resell. Also many of these developments have large no. of units & will attract large volume investors all looking to flip just before exchange...just about the same time you want to!
Morocco is like any other country there are hotspots where prices have seen real rises of between 15-20% (as opposed to agent doublespeak) and others where it's remained flat.
esmerelda is offline   Reply With Quote