Manama: Diyar Al Muharraq has announced that sales of the second phase of its seafront development Al Bareh within the master-planned island city will be launched today.
The plan to sell the plots in the second phase of Al Bareh on a freehold basis to all nationalities comes following the success of the previous sale in December last year, said the developer.
The first phase plot sale was a major success with all the residential plots being sold out.
“Al Bareh is a seafront development that wholly embraces the elements of nature in a seamless blend and is manifested in the west division of Diyar Al Muharraq,” chief executive Dr Maher Al Shaer said in a statement.
It features three key elements – seafront residential plots for high-end villas easily accessible both by sea and by road; residential plots within walking distance of waterfront parks in the heart of the project and residential investment plots designated for the construction of multi-storey buildings overlooking the main road.
“In addition to that, plots in Al Bareh are being offered for sale on a free-hold basis, where owners are entitled to build their homes in accordance to their own preferences, in line with the standards set in advance by Diyar Al Muharraq,” stated Dr Al Shaer.
“This has contributed in encouraging investment by all segments of society seeking a serene lifestyle imbued in privacy,” he added.
Diyar Al Muharraq offers a cohesive mix of residential and commercial properties with a strong line-up of projects aimed at creating a long-term and sophisticated township.
Upon completion, it will encompass over 40km of waterfront with sandy beaches, and all the elements of a vibrant community ranging extensively from fully-equipped educational facilities and schools, medical centres, recreation facilities, shopping malls, expansive parklands, hotels and marinas.
Source: GDNonline