I've been looking in to investing in Morroco - same old question though - buy something old and do it up (like a Riad) or buy off plan? I've never been overly comfortable with buying off plan as I know the developer needs my money in order to carry on and finish the development.

I came across this site the other day http://lunasoleil.co.uk/ I like the concept and would be interested in other peoples views

I would ahve thought that this wasn't for you then as you still need to give the money to finish the build. Still I suppose if it works it is a lot less than you give the developer. There is a thread on this on housepricecrash.co.uk overseas forum - you might want to check that as it at least produced some discussion.