Press Releases

Impact Estate to highlight projects at BAHRAIN EXPO 2018

13 March 2018, Manama, Kingdom of Bahrain: Impact Estate w.l.l. is set to showcase new international investment projects at the first Bahrain Property Brokerage Expo held 14-15 March at the Bahrain Convention Centre located at the Crown Plaza Hotel.  The expo is organized for the first time in the Kingdom of Bahrain under the patronage of His Excellency Eng. Esam bin Abdullah Khalaf, Minister of Works, Municipal Affairs and Urban Planning.

During the two-days property show Impact Estate team will present new affordable investment opportunities.   The showcased projects include the fully managed student accommodation located the United Kingdom, the Liverpool-based residential towers with a guaranteed annual income and other  lucrative  hassle-free investment offers.

Ms. Patricia Powell, Head of international Properties Department, says: “We are excited to be part of this new Property Expo.  The property market of Bahrain will definitely benefit from the event, which will help to bring together the investors and property professionals.  At Impact Estate we keep extending our portfolio to be able to offer our clients new exciting investment opportunities.”

Additionally, during the Property Expo Impact Estate will present other company’s services including property and facility management, maintenance, relocation and brokerage.

March 15, 2018 / by / in
Raheel Residence-3 is ready to welcome its clients

October 2017, Manama, Kingdom of Bahrain: The construction of Amwaj-based boutique residence Raheel-3 has been completed, and the building is ready to open its doors to owners and potential tenants. 

The residence boasts 28 well-appointed units with panoramic sea and island views and modern facilities including an outdoor swimming pool, fitness center with a steam room, sun deck and barbeque area.  The discerning clients will enjoy an island-style living  combined with comfort of an exclusive residence.   There are one-bedroom units with the total area of 85 sq.m., two-bedroom apartments ranging from 106 sq.m up to 119 sq.m. and spacious three-bedroom units with balconies and total size of 147 sq.m. The two-bedroom Penthouses feature the terraces and offer ample space of 177 sq. m.

The sales and marketing of the building is carried out by Impact Estate.  The company provides full services including sales, marketing and assistance with units handover.  Oksana A.K., General Manager of Impact Estate says: “Understanding the clients’ needs is a core of our strategy.  We follow the market demands and are ready to provide A to Z services to the clients of Raheel Residence 3.”

Award winning Impact Estate w.l.l. is a subsidiary of Impact w.l.l. and is a privately held full-service real estate company based in the Kingdom of Bahrain.  The focus of the company is to provide unrivalled and specialized service and consultancy in the real estate sector.  The company’s expertise covers project marketing including feasibility studies, market assessment and project launching, property and building management together with rental activities and tenancy management, commercial and residential property brokerage as well as relocation.

A diversified team of highly competent and knowledgeable professionals with a considerable experience is keen to help clients successfully meet their real estate objectives. Personalized client service and high professionalism attract developers and landlords as well as individual and corporate clients. Impact Estate has a strong reputation built on providing solutions, trust, respect, and responsiveness and is now one of the most sought after companies for real estate advisory and consultancy in Bahrain.  The company has a proven track record having successfully completed numerous client projects worth in excess of US$ 200 million. More information on our services is available at www.impact-estate.com.

 

 For more information please contact:
Impact Estate w.l.l. Tel. 17 535536 Fax. 17530307
e-mail: info@impact-estate.com
November 1, 2017 / by / in
Impact Estate expands it’s International Properties Department

  

Impact Estate w.l.l. has joined forces with one of the most prestigious developers in the United Kingdom and is now offering affordable international property investment for discerning buyers in Bahrain.

Located near the University of Salford the Purpose Built Student Accommodation provides a stable rental income combined with hassle-free investment management.  Lately, the high quality student accommodation has become one of the UK’s strongest and popular property investment. This property sector has become globally recognized as a desirable and sought-after investment.

Recently appointed Head of international Properties Department, Ms. Patricia Powell, says: “We provide a unique opportunity for investors with a limited budget.  With the student apartment starting from only BD44,000, the buyer gets a “hands off” investment with an annual yield of 6.3%”.  British national, Ms. Powell has joined Impact Estate to manage  department of International Properties and Special Projects. With over 22 years of managerial experience in Bahrain and UK, Ms. Powell is planning to increase the company’s international properties portfolio to include more investment opportunities in Europe and UK. At the moment, the Impact Estate’s international portfolio includes properties in UK, Cyprus and Turkey.

Award winning Impact Estate w.l.l. is a subsidiary of Impact w.l.l. and is a privately held full-service real estate company based in the Kingdom of Bahrain.  The focus of the company is to provide unrivalled and specialized service and consultancy in the real estate sector.  Impact Estate was founded in 2008, and over the years has successfully completed numerous projects worth in excess of US$ 200 million.  As a result of company’s various services and the outstanding market knowledge, Impact Estate achieved prestigious Arabian Property Awards for two consecutive years, including ‘Best Real Estate Consultancy in Bahrain’, ‘Highly Commended Real Estate Brokerage in Bahrain’ and ‘Highly Commended Real Estate Marketing’.

The company’s expertise covers project marketing including feasibility studies, market assessment and project launching, property and building management together with rental activities and tenancy management, commercial and residential property brokerage as well as relocation.  A diversified team of highly competent and knowledgeable professionals with a considerable experience is keen to help clients successfully meet their real estate objectives. Personalized client service and high professionalism attract developers and landlords as well as individual and corporate clients. Impact Estate has a strong reputation built on providing solutions, trust, respect, and responsiveness and is now one of the most sought after companies for real estate advisory and consultancy in Bahrain.  More information on our services is available at www.impact-estate.com.

October 12, 2017 / by / in
Residence Sharq is showcased at 2017 Gulf Property Show

25th April 2017, Manama, Kingdom of Bahrain: The award-winning Impact Estate w.l.l. and Al Talae Real Estate Development, a subsidiary of Al-Ma’awdah Group,  are set to present the exclusive waterfront residential project Residence Sharq at the Gulf Property Show, which takes place at the Bahrain International Exhibition and Convention Centre on 25-27 April 2017.

The Dilmunia-based freehold development is a unique residential complex with 288 elegant one, two, three and four-bedroom luxury apartments, townhouses and villas.  Developed by a prominent Al-Ma’awdah Group, Residence Sharq offers a high value investment combined with a luxury of seaside living.  The project boasts spacious units with panoramic views and natural lighting with areas starting from 101 sq.m for one-bedroom apartments, and going up to 339 sq.m for four-bedroom townhouses.  The development is scheduled for completion in 2019.

Oksana A.K., General Manager of Impact Estate says: “We are honoured to present this tastefully-appointed project at the Gulf Property Show.  I am confident that location, pricing and quality of the Residence Sharq will attract attention of the numerous visitors of the exhibition.  This time we also will offer a special promotion for the duration of the Property Show – a two-year maintenance fee grace period for anyone who will purchase a unit.”

Project’s prices start from just BD61,200 for large 2-bedroom apartments and from BD87,413 for Duplex Townhouses.

 

 

April 30, 2017 / by / in
Impact Estate showcases Dilmunia Based project Residence Sharq at City Centre

January 2017, Manama, Kingdom of Bahrain: Impact Estate, an award-winning full-service real estate company, showcases Dilmunia-based waterfront project Residence Sharq at the Bahrain City Centre , from 25th till 29th of January, 2017

This year, at Bahrain City Centre  Impact Estate is exclusively presenting Residence Sharq.  The new project of the leading Bahraini development company Al-Ma’awdah Group offers high-end luxury units with areas starting from 101 sq.m for one-bedroom apartments, and going up to 339 sq.m for four-bedroom townhouses.  Spacious waterfront units with premium quality finishing provide residents with island style living in Europe-inspired setting. Prices start from BD61,200 for 2-bedroom apartments.

Special and Exclusive offers available stand visitors during the expo.

Impact Estate was recently appointed by the Al-Ma’awdah Group as a sales and marketing agent for Residence Sharq. The project is scheduled for completion in 2019.

January 28, 2017 / by / in
Al Salam Bank-Bahrain and Al Ma’awdah Group sign Escrow Account Agreement

Manama, 24 January 2017: One of the pioneering Shari’a-compliant banks in the Kingdom of Bahrain, Al Salam Bank-Bahrain, and leading Bahraini construction materials and development company, AlMa’awdah Group, signed an agreement to create a real estate development escrow account, marking the official sales launch for Residence Sharq, a multimillion dollar seafront project located within the $1.6 billion ‘health island’ masterplan, Dilmunia.

The project, being built by Al-Ma’awdah Group subsidiary, Al Talae Real Estate Development, is a freehold development, offering 282 spacious, ergonomically designed homes in a low-rise multi-level complex. The one, two, three, and four-bedroom apartments, townhouses, and ‘sky villas’ (standalone homes perched on the roofs of the townhouse blocks) offer panoramic views and natural lighting, with European style designs by French firm, Unanime Architects.

Facilities, including common and women only gyms, a landscaped garden, a private cinema, a running track, a children’s playground, water playground and pool, and two infinity pools, create a comfortable community lifestyle for residents.

The escrow account model agreement is in accordance with Law No. 28 of 2014 and the Central Bank of Bahrain’s Resolution No. 20 of 2016, which protects buyers and all stakeholders in development projects by ensuring that the utilization of funds raised be solely for the developments in which they have invested.

Al Salam Bank-Bahrain Deputy Group CEO – Banking, Anwar Murad said: “We are proud to be working with Al-Ma’awdah Group on one of the Kingdom’s most exciting lifestyle projects. Both Residence Sharq and Dilmunia are major additions to Bahrain’s seafront property market, and for Al Salam Bank to be chosen as a trusted partner adds further depth to our experience in managing real estate escrow accounts, while creating more confidence for investors looking for properties to buy.”

Al-Ma’awdah Group Executive Director, Jassim Al-Ma’awdah added: “As one of the most trusted Shariacompliant banks in Bahrain, we have confidence that Al Salam-Bank Bahrain is the right partner for Residence Sharq. We keep the interests of our projects’ stakeholders in mind at all stages of progress, and adherence to legislation and buyer-protection is a top priority for us in delivering maximum value to home buyers.” Residence Sharq boasts a prime location on the seafront of the 125-hectare Dilmunia island, one of the Gulf region’s most unique master planned concepts. Emphasizing greenery, open spaces and healthy living, Dilmunia was conceived as a modern take on the mythical Garden of Eden, which was said to be located in ancient Bahrain.

The island is a project of Ithmaar Development Company (IDC), a developer and manager of major real estate projects spanning the residential, commercial, hospitality, wellbeing & healthcare, and infrastructure sub-sectors. IDC has put in place stringent developer requirements to ensure that only the highest quality projects are approved for inclusion in Dilmunia.

Among these are an adherence to the healthy living theme, high construction standards, strict building height limits, and a commitment to preserving the overall coherence of the gated island community.

January 28, 2017 / by / in
Impact Estate presents its new project Residence Sharq at upcoming BIPEX

02 November 2016, Manama, Kingdom of Bahrain: Impact Estate, an award-winning full service real estate company, showcases Dilmunia-based waterfront project Residence Sharq at the BIPEX 2016.

BIPEX, organized by the Bahrain Society of Engineers under the patronage of H.E Shaikh Khalid Bin Abdulla Al Khalifa, Deputy Prime Minister, takes place November 3rd – 5th, 2016 at the Bahrain International Exhibition and Convention Center.   For nine years BIPEX is the perfect occasion for investors, developers and buyers to meet and discuss the challenges and opportunities of real estate market in Bahrain.

dilmuniaThis year, at the property exhibition Impact Estate is exclusively presenting Residence Sharq.  The new project of the leading Bahraini development company Al-Ma’awdah Group offers high-end luxury units with areas starting from 101 sq.m for one-bedroom apartments, and going up to 339 sq.m for four-bedroom townhouses.  Spacious waterfront units with premium quality finishing provide residen

Oksana A. Konyshevska, General Manager of Impact Estate, commented: “We look forward to the possibilities the BIPEX will bring us this year.  It is always exciting to present a new project during the exhibition as there are many visitors coming to see what is new in the Bahrain’s real estate market. I am sure visitors of the property show will be impressed with the multimillion project we will be showcasing.“

Impact Estate was recently appointed by the Al-Ma’awdah Group as a sales and marketing agent for Residence Sharq. The project is scheduled for completion in 2019.

November 9, 2016 / by / in
Impact Estate is appointed sales and marketing agent for Residence Sharq

October 2016, Manama, Kingdom of Bahrain: Leading Bahraini development company Al-Ma’awdah Group appointed the award-winning Impact Estate as sales and marketing agent for its multimillion dollar waterfront residential project, Residence Sharq.

The freehold development, which enjoys a prime location within the US$1.6 billion  Dilmunia ‘health island’ master plan, is a low-rise multi-level complex with 282 spacious one, two, three and four-bedroom luxury apartments, townhouses and villas. Impact Estate will provide a full range of sales and marketing services for the project including the project’s launch, marketing and post-sale activities. Residence Sharq is scheduled for completion in 2019.

residence-sharq-on-dilmuniaAl-Ma’awdah Group Marketing Manager Isa Al-Ma’awdah said: “Sales of the homes will kick into full gear with this appointment. Impact Estate’s broad client base, and its strong understanding of the market, made it a good choice for managing Residence Sharq’s sales and marketing activities, and for communicating to the market the unique community offering it represents.”

Impact Estate General Manager, Oksana A. Konyshevska added: “We are proud to be associated with this high quality concept, which offers both a value proposition for investors and an active, outdoor community lifestyle for residents. It will also benefit from its location within Dilmunia, which is expected to be a highly sought-after destination among both locals and expatriates. Residence Sharq’s special place within the master plan will ensure that its views of the Gulf waters and the rest of the island will be a permanent part of its appeal. We are confident that Residence Sharq will offer a distinctive new choice for our clients to consider.“

She added that the homes will offer a high value for buyers and residents: “For example, prices start from just BD61,200 for spacious 2-bedroom apartments and from BD 87,413 only for Duplex Townhouses.”

Designed by Unanime, a French architectural firm headquartered in Lyon, Residence Sharq combines European elegance with a laid-back waterfront lifestyle. The project boasts spacious units with panoramic views and natural lighting.

Residence Sharq offers high-end luxury units with areas starting from 101 sq.m for one-bedroom apartments, and going up to 339 sq.m for four-bedroom townhouses. The project will commence construction in the fourth quarter of this year. All units will be sold with fully-equipped kitchen and high-standard fitted bathrooms. Al-Ma’awdah Group is a well known name in Bahrain’s construction and real estate development industry, having participated in or led a number of major residential and urban projects within the Kingdom of Bahrain over the past 35 years. It is also the largest supplier of primary construction materials to Bahrain’s mega-projects having worked on many iconic landmarks. Residence Sharq will see the Group continue to offer the luxury and quality the market expects from it.

The project will follow Dilmunia’s strict development guidelines, providing its residents with quiet, yet luxurious, seafront lifestyles. Landscaped gardens, a common gym and infinity pool, a women only gym and infinity pool, a 500 m track, and a seaside cafe are some of the features available at Residence Sharq. With the Bahrain International Airport just 10 minutes away the development is easily accessible to visitors by car.

October 19, 2016 / by / in
Bahraini Impact group of companies receives two International Property Awards for Africa and Arabia Regions

September 27, 2016, Manama, Kingdom of Bahrain: Strengthening its position as one of the region’s leading consultancy providers for total business solutions, Impact Group emerged one of the most prominent winners from Bahrain, at the 2016 edition of the International Property Awards for Africa and Arabia regions.

Organized recently at the JW Marriott Marquis Hotel in Dubai, the annual event saw Impact Group’s Impact Estate receiving Best Consultancy in Bahrain, while Impact Interiors’ project “Alpha Atelier” was acknowledged Best Retail Design. The companies had to compete against the most innovative, exceptional, and ambitious companies in the region, and both were recognised as five-star service providers in the Kingdom of Bahrain.

The International Property Award is conferred on residential and commercial properties around the world. Each year, it rewards the best performance by companies active in all areas of the real estate sector. Participants submit real estate projects they have implemented at national level, and these are assessed by an experienced panel of 70 industry experts. The awards are divided between the regions of North and South America, Asia-Pacific, Europe, Africa, Arabia and Great Britain. Only one company in a specific sector is awarded the 5-star sign of excellence for the country they represent.

Commenting, Mr. Zaher Hammouda, Chairman and Managing Director of Impact Group, said: “It makes us immensely proud for two of our subsidiaries to be recognised in the International Property Awards as Bahrain Best Property Consultancy, as well as Best Retail Designer. This is testament to the hard work of our teams in delivering the highest quality of service to our clients. We’re very pleased that our efforts have earned us such a prestigious accolade.”

General Manager of Impact Estate, Oksana A. Konyshevska, said “Receiving the highest recognition in the industry is a reflection of our commitment to provide tailor-made quality services to our valued clients and assist them in achieving greater levels of success.”

“We dedicate this award to our clients and our team as we believe each member of the Impact Estate family adds value when servicing our clients according to our organization’s quality standards,” she stated.

Dr. Rima Abutteen, the co-founder of Interiors commented: “We are delighted to be recognized as the No 1 entity in our field, especially as we were benchmarked against established agencies and peers in the interior designing sector of our region. Winning the five star best retail interior design Bahrain award is a remarkable triumph, we indeed believe our commitment to excellence which is supported by our strategy to provide clients with memorable, innovative, and high quality interior design was the sole reason for this accomplishment; the winning entry was with “Alpha Atelier” the luxurious men’s apparel and accessories multi brand outlet in Moda Mall, where we created a calming, lavish, and breath-taking experience for customers, which reads seamlessly, from inside out and outside in.”

 

20160922_150607

October 9, 2016 / by / in
Modern Residence 2 has opened its doors

31 August 2016, Manama, Kingdom of Bahrain: Amwaj-based boutique residential development Modern Residence – 2 has been completed and is ready to move in.  Designed by the prominent developer Zahid Modern Properties W.L.L. the residence offers the discerning clients spacious fully furnished apartments with sleek design, lush furnishing and spectacular views in the heart of a sought-after area of the Kingdom of Bahrain.

The opening ceremony has been held on 31st of August 2016 and was attended by the clients and media.  The owners of the apartments will be able to obtain the title deeds and enjoy their new properties in the next few weeks.   Designed by Elevation Architects and Engineers, Modern Residence-2 offers spacious and luxurious apartments with sea-views and high specification leisure facilities. With only few units left for purchasing, the building boasts apartments and penthouses ranging from 87 sq. m. to 198 sq. m. in size.  The custom-made furnishing and high-quality finishing materials have been supplied by Modern Woodworks.

Modern Woodworks is ‘A’ grade joinery contracting company with history of successfully completing many high end projects in Bahrain. They have full team of expert Designers, project management staff and skill workers team. Modern Woodworks has most advance technology and machines in their factory to carry out high end furniture and joinery work.

All apartments are featuring outstanding fully equipped kitchens with appliances and are fully furnished.

The facilities of Modern Residence – 2 include a swimming pool and fully equipped gymnasium. The building offers 24-hour security with CCTV cameras, high quality entrance door access system,  covered parking and lobby.

Oksana A.K., General Manager of Impact Estate, an exclusive Sales and Marketing Agent of Modern Residencec-2, said at the opening ceremony: “With the current market situation not many projects are completed on schedule. We are excited to work with Zahed Modern Properties W.L.L.  who are committed to their clients.  With the increasing interest in Amwaj Area this high-end  project is the great investment opportunity”.

The prices for available units start from BD. 98,232/-.

Nina Mommsen-7590

September 1, 2016 / by / in