Due Dilligence

Protecting you and your money

Our due diligence process allows us to assess your property's genuine market value. We use local independent solicitors, surveyors and property negotiators who know the market thoroughly and who will provide an objective opinion.

We take a great deal of pride in our ability to source the best quality markets that offer the best potential for growth while taking into account the stability and market conditions in each territory we enter.

We source the very best in local partners and in turn perform extensive and rigorous due diligence to ensure that nothing is left to chance, after all it is our reputation and your money that is at stake. We employ independent auditors to reassess our beliefs to confirm that we are making the right choices at every stage of the process; we even employ independent inspectors to ensure that all infrastructure and building works are handled in accordance with sound development principles.

Our team of experts have over 50 years of experience in International property development and are all independent of CSDS. They are all under the specific instruction to have the clients interest at heart at all times.

VEFA regulations

The VEFA regulation is a set of rules that govern the sale of off plan property in Morocco. These have only been adopted in 2002 and sadly have been largely ignored by the majority of developers since their implementation. If you can find a development that follows VEFA, there are several advantages that you will benefit from:

Firstly and most importantly, any contract for sale of off-plan property that does not follow the VEFA Regulations is void - in other words, it's not worth the paper it's written on and therefore you are at risk of losing your entire investment if the developer goes bankrupt or fails to finish your property.

Secondly, under VEFA, your deposit and all payments that you make to the developer prior to completing the sale have to be underwritten by a bank guarantee. This means that if the developer is unable to finish the property on time or at all, your money is protected by the bank issuing the guarantee. VEFA also insists on penalties for late delivery.

Thirdly, VEFA developments have to be verified by independent engineers who ensure that the various stages of the build have been properly completed, before you can be asked to pay subsequent instalments. This gives you security in knowing that your build is progressing as it should.

Finally, because the build stages are being verified independently, banks are more willing to offer stage payment mortgages - which means that once you have paid your deposit, the bank will fund the interim payments, thus reducing your capital investment in the property.

In short, VEFA projects ensure the highest protection possible under Moroccan law for you investment in off plan property.