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alferret · 01-04-2008, 23:24

Speak to the agent they may be more amicable than you think, also from having a quick look on the net refunds do happen and can take anything from 2 weeks to 6 months although a refund is not guaranteed.

30% deposit seems quite high for off plan, from what I have seen 2-10% in morocco seems the norm.

Another thought if all else fails, you could try selling your 30% off plan.
Say the property was 100k, you paid 30k dep, sell it for 20k, you loose 10k but better than losing 30k, I dont know if it is feasible.

On a side note we (the future wife and I were only talking about a 2 week AI in Morocco next year)

01-04-2008, 23:24	#6
alferret Inactive Join Date: Jun 2003 Location: Mansfield Age: 59 Services: There is no destination to life, the journey is everything! Posts: 5,532	Re: invested in property abroad question... Speak to the agent they may be more amicable than you think, also from having a quick look on the net refunds do happen and can take anything from 2 weeks to 6 months although a refund is not guaranteed. 30% deposit seems quite high for off plan, from what I have seen 2-10% in morocco seems the norm. Another thought if all else fails, you could try selling your 30% off plan. Say the property was 100k, you paid 30k dep, sell it for 20k, you loose 10k but better than losing 30k, I dont know if it is feasible. On a side note we (the future wife and I were only talking about a 2 week AI in Morocco next year)