Manazel Real Estate Company commented, by offering its residential project “The Habitat” for sale (apartments for ownership in the Al-Lawzi area in Hamad Town – Second Circle), that the real estate market in Bahrain is witnessing a remarkable improvement in recent times, and that citizens are accepting to buy housing units. more quickly.
It is noteworthy that the project is part of a series of projects developed by the company, in cooperation with the Ministry of Housing, in the Mazaya Social Housing Programme. In order to provide integrated real estate solutions that serve all segments of Bahraini society.
“The Habitat” project is located in a vital area with all the necessary services and facilities, just a few minutes away. It consists of 72 residential units with a modern design of different sizes and high quality. The project provides entertainment services and private parking.
The Executive Director of Manazel Real Estate Company, Faisal Sharaf, confirmed, “The marketing idea recently launched by the company to promote the sale of residential units in the project (pay 10,000 dinars and receive your apartment!), which provides buyers with a golden opportunity to own property, receive the key to the housing unit immediately, and pay the rest of the amount over 7 years. The approval of a large group of citizens, and indeed a large number of them are encouraged to quickly reserve units, especially large areas.
He added, “More than 50% of the offered apartments have been sold, and a few remain, which indicates that Manazel Real Estate has outdone itself in marketing the project, as it was studied in terms of meeting sizes, components, and prices. Furnished and luxurious display apartments were launched to give our customers an image.” Complete information about the final form of what the housing units will look like.
The company plans now, and until the end of this month, to be satisfied with the number of apartments sold and to keep the rest for display for the purpose of rent only.
Sharaf explained that the real estate market today has begun to improve, which in turn contributes to the revitalization of the economic situation in the Kingdom, and encourages investors and citizens to own and invest, and that the company is always striving to advance and pioneer this type of development projects and initiatives that enhance the market movement in the Kingdom, through its full commitment to delivery dates. Exercising accuracy in drafting sales and purchase contracts, and ensuring that all specifications and standards are provided that satisfy customers and comply with the terms and laws of the Real Estate Regulatory Agency, municipalities, and the Survey and Land Registration Bureau in Bahrain.
