Leading international real estate advisors, Cluttons and Bahrain based property consultants, Impact Estate are set
Leading international real estate advisors, Cluttons and Bahrain based property consultants, Impact Estate are set to launch the sale of new luxurious freehold apartments at Orchid Plaza, a residential tower developed by Orchid Developers and Kadi Properties, which boasts panoramic views of the sea, in Bahrain’s most desirable area, Al Juffair.
Orchid Plaza offers a lifestyle of luxury and convenience in the heart of Manama and with 11 apartment styles available, end users will enjoy homes that have been designed to maximise space, with exquisite modern interiors. Set for completion in 2017, Orchid Plaza will offer residents indoor and outdoor swimming pools, male and female gyms, squash courts, a mini basketball court, kids play area and a cinema.
The high quality development is located conveniently off Prince Khalifa Bin Salman Causeway and its 305 apartments are available for sale off plan. Cluttons and Impact Estate will showcase the development at Bahrain Property Developers Association Exhibition, which takes place at Bahrain City Centre, from November 6th to 10th. With prices starting at BHD 29,900 investors can choose from a range of stylish studio, one, two and three bedroom apartments as well as duplexes, with the first 20 apartments set to sell at a 5% discount
Harry Goodson Wickes, head of Cluttons Bahrain said: “We’re excited to launch the sale of apartments at Orchid Plaza, to meet the demand that we are witnessing for freehold developments in Bahrain. We have already recorded strong interest from both local and international investors, which is no surprise, given that similar developments from Orchid Developers are attracting returns of between 7-8% for investors.”
Oksana A.K, General Manager at Impact Estate commented: “With apartments ranging in size from 43sqm to 164sqm and benefitting from uninterrupted views of the sea, Orchid Plaza is set to become the most desirable location for expats, locals and GCC nationals in the Kingdom. We are confident that Orchid Developers excellent reputation in Bahrain will help to attract strong investment interest at the off plan sales stage.”
According to a spokesperson at Orchid Developers: “Our commitment to providing freehold developments in Bahrain has encouraged significant regional and international investment in the Kingdom since 2000. Our latest development Orchid Plaza is set to come to market in 2017 and we are confident that Cluttons and Impact Estate together will help us to reach our goal of securing 100% occupancy.”
Orchid Developers specialise in freehold residential and commercial properties in the Kingdom of Bahrain. With a commitment to high quality construction, Orchid developers offer unique opportunities for locals, GCC Nationals and expatriates to own their dream home and have already brought Orchid Tower, Orchid Business Centre, Terraces of Juffair, Mal Suites and more to the Bahraini market.