Friday 29 March 2024
 
»
 
»
Story

Diyar Al Muharraq's seafront project 'in big demand'

MANAMA, December 15, 2015

Diyar Al Muharraq, one of the leading urban developers in Bahrain, said there has been an overwhelming response from investors for the freehold properties at its seafront development project Al Bareh.

Al Bareh is the second development of its kind in Diyar Al Muharraq off Muharraq, in which investors get to buy only the plots and not the subsequent construction services from the developers, thereby liberating owners from any sort of constraints and allowing them to personalise the designs to their choice, said a statement from the Bahraini developer.

A unique masterplanned city for the people of Bahrain, Diyar Al Muharraq offers a cohesive mix of residential and commercial properties with a strong line-up of projects aimed at creating a long-term and sophisticated township.

Situated in a prime location in the west side of Diyar Al Muharraq, Al Bareh comprises three types of plots - for seafront residential units, residential investment and residential units.

The seafront residential plots are situated at a prime location within Al Bareh and are designed to comprise high-end villas ranging from 800 to 970 sq m. The sale of seafront residential plots, which is open to both the locals and expatriates, began on Saturday (December 12).

Commenting on the response, Diyar Al Muharraq CEO Dr Maher Al Shaer said: "It is indeed a great source of joy to witness such success from the first day of starting the selling process for Al Bareh seafront plots."

"We attribute this to the fact that Al Bareh development has not only an ideal location in the western side of Diyar Al Muharraq, but also due to the feasible cost of its plots in reflection to their size and the nature of Al Bareh development as a whole, where buyers are entitled to build their homes in accordance to their own preferences," he added.

"By opening our doors for five consecutive days to those interested in purchasing plots in Al Bareh, we were able to showcase the whole project and its offerings ahead of the commencement of the day earmarked for the start of the selling process, therefore all visitors to our sales office were able to become acquainted with all the offerings of Al Bareh and the related information," explained Al Shaer.

"This ensured a smooth and speedy selling procedure as buyers knew exactly which plots they wanted to purchase, in addition to the fact that Al Bareh plots are being offered for sale on a freehold basis, which made this investment opportunity very appealing," he added.-TradeArabia News Service




Tags: demand | Seafront | Diyar al Muharraq |

More Construction & Real Estate Stories

calendarCalendar of Events

Ads