Eagle Hills Diyar, master-planners of the kingdom’s iconic waterfront development Marassi Al Bahrain, has announced the launch of a two-year post-handover payment plan on ready properties at its Marassi Residences project.

Marassi Al Bahrain is a distinguished urban project by Eagle Hills, a private real estate investment and development company, headquartered in Abu Dhabi, as part of a joint venture agreement with Diyar Al Muharraq, the developer of mega-project Diyar Al Muharraq.

The payment plan applies only to the buyers of one-, two- or three-bedroom apartments at Marassi Residences, the development’s first premium residential offering, said a statement from the developer.

As per the plan, property buyers will be provided with a rare opportunity to move into their new homes by the end of 2018, while continuing to pay off their purchase in installments over a two-year period, it stated.

Buyers who wish to benefit from the payment plan will be required to pay an installment of 30 per cent during the construction phase, with the next installment of 30 per cent to be paid on handover, which will take place in December 2018, said the statement.

The remaining 40 per cent could be paid in installments over a two-year period post-handover, it added.

Located near the beach, residents will be able to be part of a vibrant and dynamic community while enjoying a waterfront lifestyle.

Marassi Residences will also provide direct access to Marassi Galleria, dedicated lower level indoor parking, 24-hour security and a host of other amenities such as gyms, adult and children’s pools, recreation rooms as well as access to a two kilometer long beach and promenade.-TradeArabia News Service