Friday 30 November 2007

North Africa

I have been advised of a high yielding investment opportunity in Morrocco. The country has been all over the papers in recent weeks because of the King's promise to boost tourism in the country by investing heavily in building new reorts such as those along the Med side of the country.
The issue is the entry point. £180000 is being touted as a starting point for decent penthouse apartments and that seems too high for me. There are lots of other opportunities out there for that level of geared investment. Does anyone have experience of investing in this area? Stability isn't an issue it seems but return on investment is - and getting much above that 180K mark seems like it could be a long way off yet...?

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