Bin Faqeeh reveals key 5-year projects plan

Manama: Bin Faqeeh, a Bahrain-based privately-owned real estate investment company, plans to launch an exclusive limited edition luxury project each year for five years, it was announced
yesterday.

The developer said it has launched the five-year plan known as the Limited 5 last year with Waterbay – an exclusive residential apartment building with a commercial shopping front on the ground floor.

It is situated in the prime location of Bahrain Bay facing the Four Seasons Hotel.

“The design concept is to create a homely yet high-end luxury accommodation that encapsulates a superior hotel lifestyle experience,” said Bin Faqeeh’s head of marketing Nadia Bouslama.

“An aerial view of the glassed property resembles a yacht that sparkles in the sun with an ultimate chic and premium architectural design.

“The wide corridors create an illusion of a five-star hotel, while the rooftop houses a running track with the most breath-taking view of Bahrain’s skyline and the sea,” she added.

Facilities include a swimming pool, separate gyms for men and women, prayer rooms, movie theatres, nursery, multi-purpose rooms, restaurants and coffee shops.

“Since a majority of Bin Faqeeh’s clients are from neighbouring GCC countries, a luxury car transportation facility with a concierge service to and from the property has been made available, in addition to water taxi services to Avenue Mall via an exclusive collaboration with Bahrain Bay,” Ms Bouslama said.

This year’s limited edition project is Layan in Durrat Marina.

“It is going to be home to the largest private waterpark, accessible to residents only, with its state-of-the-art luxury facilities, restaurants, designer retail outlets, the marina and breathtaking view,” she added.

Unique features include a green picturesque landscape, a 300m pool, wave pool, Water Movie Theatre and two island restaurants.

Ms Bouslama said property prices in Layan begin at BD55,000.

Work will commence at the end of the month, subject to final approvals from the authorities concerned, with an expected completion approximately 24 months from commencement.

The Limited 5 will herald an exclusive, innovative, energetic and modern take on real estate development worldwide, she said.

“By 2020, Bahrain will be the epicentre of five of the most
elite limited edition luxury projects drawing in investments from the rest of the GCC.”

Source: GDNonline