Thursday, October 1, 2020

New Appealing Parkland Residences

Muscat Bay, the latest premier resort village in Muscat, has revealed one and two-bedroom apartment offerings as part of the second phase of their lavish Zaha Parkland Residences. With prices starting from RO 90,000, the apartments have already generated a high interest for investors and homeowners alike, with the first phase selling out in two weeks earlier this year.

Situated in a secluded valley and flanked by the majestic Al Hajar Mountains and the Gulf of Oman, Muscat Bay is a peaceful natural haven that offers the best of both worlds – a place to escape the stresses and strains of daily life alongside easy access to modern amenities. Despite feeling a world away from the hustle of the city, Muscat’s city centre is only 15 minutes away; with Oman’s main international airport just a 30 minute drive.

These newest additions to the Muscat Bay home collection, overlooking Zaha’s signature parkland, offer all the conveniences that define home comfort. Each apartment’s en-suite bedrooms and living rooms open on to sizable balconies with serene views of the valley and beyond and include a fully fitted kitchen, powder room, laundry room and maid’s room. Ranging from 80 m2 to 115 m2 in size, each apartment grants its residents the space to breathe amid locally inspired architecture and natural surroundings.

Commenting on the reveal, Paul Jessup, Vice President of Sales and Marketing at Muscat Bay said: “The one and two-bedroom Zaha Parkland Residences offer a prime investment opportunity for smart buyers looking to be ahead of the pack. Given their competitive prices in the market and the capital growth potential, we have already received a tremendous amount of interest from investors across the GCC with many more on the waiting list. This interest has reinforced Muscat Bay’s positioning as a home for all, offering options from three-bedroom villas to duplexes and one-bedroom apartments.”

Muscat Bay presents benefits such as high rental yield and capital growth opportunities, resulting in a secure and highly attractive proposition for both investors and homeowners. Some additional investment benefits include a freehold title, automatic residency for the owner and their immediate family and 0% personal income tax rate. The two-bedroom residences will benefit from one year free service charge allowing for higher returns should buyers wish to rent them.

Once completed, Muscat Bay will be home to exclusive residential units, including spacious villas, stylish townhouses and luxury apartments, alongside two five-star hotels by the region’s leading operator Jumeirah. A Village Square will sit at the heart of the development to offer an array of community services, providing convenience for residents and cultivating a harmonious community for likeminded people.

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