BUYING OFF-PLAN IN MOROCCO
Check the background of the developer before getting involved in an off-plan development. Check the status of the planning permission and ownership of the land prior to reserving a property. Off-plan properties are often marketed before developers purchase the land or obtain planning permission.
Check with the Centres of Regional Investments (CRI) (found in the capital of every region) on other building works forecasted to be taking place close to your development, which could reduce the value of your own. Most staff at CRIs speak English. Pay the £150 or so extra to seek independent legal advice for checking over contracts. Ensure that VAT is included in the sales price.
Sign documents if they have not been translated into English. Sign the preliminary contract if it does not contain: Sales price Payment schedule based on construction stages as opposed to dates Penalties for late delivery Rights to withdraw Insurance or guarantees for buyers should the developer fail to complete.