·         Various commercial plot areas available at competitive prices

·         Continuation of special offers on land plots and villas for all projects of the company

Muscat: ALARGAN TOWELL, the Sultanate’s leading real estate development company, announced the release of commercial plots at the Al Waha project, located in the Wilayat of Barka, Batinah South governorate. The commercial plots are available in a variety of sizes, all located close to the main road, while serving the bustling Al Waha community.

Nawal Al Nasri, Head of Sales at ALARGAN TOWELL noted, “We begin the new year by opening sales of commercial plots at our flagship project in Barka. We’re anticipating a good demand from buyers given the sizable commercial opportunities for retail and other businesses to be located at the growing Al Waha residential community. Al Waha includes fully-equipped residences, 95% of which are already sold and occupied, as well as other residential plots which are also being developed. Not only do the commercial plots come in various sizes, but they also enjoy close access to the highway and to necessary services. These are all key attractions for investors.”

ALARGAN TOWELL provides a comprehensive range of buyer options facilities for all its projects, including a one year payment plan for completed residential units and a six-month payment plan for land plots. Al Waha and Bayout Al Faye projects also offer limited residential units, which include villas with three or four bedrooms of dimensions starting from 400m2, and 600m2 in Mazar’a Al Harth.

Al Waha residential community is one of the newest integrated residential projects in Barka. Located in the heart of the Wilayat, the project boasts of a total area of nearly 690,000 square meters and is just 25 minutes from the capital city of Muscat. Having successfully completed its first phase, the Al Waha project is differentiated by the quality and variety of residential buildings, including villas and apartments of various sizes. Its location near the main road and proximity to shopping centres offers high levels of convenience to Al Waha residents. Additionally, to give the local residents added lifestyle benefits, the development features landscaped gardens and retail zones. It also has easy access to schools, mosques and other amenities, making the project more akin to a small township.

“After the solid success of the first two phases; which included residential units and land plots respectively, we believe the demand for the newly released commercial plots will be similarly strong. This is particularly due to the recent financial facilities that different banks provide, alongside the increase in oil prices that will have a positive impact on the economy in general and specifically on the real estate sector,” Nawal added.

ALARGAN TOWELLL INVESTMENT COMPANY was founded in 2003 in the Sultanate of Oman as a result of the strategic alliance between ALARGAN International Real Estate Company and the reputed WJ Towell. ALARGAN TOWELLL activities focus on the creation of quality yet affordable housing opportunities for Omanis in the middle-income bracket. This innovative partnership led to the construction of a number of successful and integrated projects, such as Beyout Al Faye, the Al Waha project, the Al Mawalih Villa’s project, the Al Hail homes project, and the Al Qurum Gardens project. Additionally, the Company is currently in the preparation stages for the Al Nakheel mega development project, which is expected to be the first Integrated Tourism Complex (ITC) project in the Wilayat of Barka.

As a direct result of their many successes, ALARGAN TOWELLL has received numerous international, regional and local awards. Most recently, they received the Best Developer Award for Residential Neighborhoods at the Oman Real Estate Awards, 2015. Additionally, the Al Nakheel project was Highly Commended at the prominent regional real estate development awards, the Arabian Property Awards, in Dubai, 2015.

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© Press Release 2018