Buying land in Essaouria

Maître **

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This is who I’ve used for various situations involving the title of my house & car. He speaks fluent English & well-trusted by the expats here in Essaouira.

@elena3129

Thank you

@natalie coleman: Scrap that idea.

@jahfrank Hi Can I ask you to elaborate? Have you had your own experience that didnt work out for you? Or just a general mistrust from hearsay ? It is great to get feedback but more detail so there is a context if possible would be super.

Natalie, @jahfrank is correct. The idea you outline is fraught with serious issues. Any proper lawyer will point out the obvious issues of being an absentee partner. Such an lawyer will ask, "Natalie, think of all the possible issues that can go wrong."

The most glaring is that you are there and your partner is here. You expect your partner will do all the work, send you a return on your investment, while you lean back in your drawing room sipping tea, eating crumpets, doing the crosswords in your Sunday Times? I have a wonderful bridge in Brooklyn to sell.

On a serious note, the real issue is one of [link moderated]. The classic example is a landlord over insuring a firetrap property that "suddenly" burns to the ground. With economic actors, presenting a deal, such as yours, with asymmetric information and duties invites default.

How are you going to "monitor" the associated liabilities of your property and business investment. What's to prevent the other person from running up huge bills, tax burdens, and walking out?

I live in this area. I suggest that if you LOVE this area, would like to do business in this area, you become a resident in this area, and oversee daily production in person. You can alway catch a flight back to the Ole Sod when you want.

Oh yes, when you DO return from Ireland, I would forever be in your debt if you bring me two Irish Wolfhounds (a mating pair). PLEASE.

Let me know where this property is located. I am a real estate photographer. It would be my pleasure.

@natalie coleman

in morocco if things are not in your name you will have no legal right to them. people in morocco have and are losing properties with legal deeds to them. please think before departing with your hard earned cash..

@idouarab2712 thanks for the feedback, appreciate it

@elena3129 Thank you so much, would you mind sharing with me as the contact has been removed? Really appreciate it thank you so much