Thursday, 17 Oct 2019 | 18 Safar 1441
Al Mouj Muscat, NBO join hands to offer extra value for investors

Al Mouj Muscat, NBO join hands to offer extra value for investors

The agreement grants NBO’s customers the chance to buy townhouses at Ghadeer Parks and apartments at The Gardens neighbourhoods, with zero service charges for the period of 1 year, along with waiving registration costs.

The advantages extend to contain totally free rental solutions ought to properties be purchased for investment purposes, enabling customers to take benefit of lucrative possibilities in genuine estate sector in Oman.

“Our homes already offer the strongest real estate investment opportunity in Oman, delivering returns that consistently outperform the market,” stated Nasser bin Masoud al Sheibani, CEO of Al Mouj Muscat.

“Working with the National Bank of Oman, this newest initiative will satisfy customers’ needs not just for better value, but also for a streamlined, more convenient experience, bringing finance and real estate together into a one-stop service.”

National Bank of Oman has a lengthy standing connection with Al Mouj Muscat, currently facilitating housing loans for clients buying properties at the neighborhood. The newly signed agreement additional provides revolutionary economic options that will make people’s lives less difficult.

“We have worked closely with Al Mouj Muscat since 2009, supporting its growth into the vibrant and successful community it is today,” stated John Chang, common manager and chief retail banking officer at NBO.

“We are very pleased to be making our partnership even stronger, actively connecting our customers with a premium real estate project. Buying a home is an important life-time decision and this is where NBO plays a vital role not only through our convenient housing loans giving clients an advantage on repayment terms, low processing fees and special rates but also providing real investment opportunities within Oman.”

Ghadeer Parks and The Gardens are amongst the newest neighbourhoods at Al Mouj Muscat, offer freehold ownership authorized for buy by foreign nationals as effectively as Omani citizens. They combine the luxury of resort living with the liveliness of urban life, supplying straightforward access to buying, dining and leisure facilities.

Covering about two.5mn sq m and representing an investment of virtually RO1bn, Al Mouj Muscat presently boasts a lot more than two,200 properties completed and handed more than to purchasers out of about six,000 planned.

Information Source: Muscat Daily

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