Marvida Tower - The lap of Luxury!
Situated in Juffair, one of the most popular neighbourhoods of Bahrain, a 5 minute drive to the Diplomatic Area.
Right on the Crystal Clear Waters, the project is well under way, only a limited number of One bedroom apartments left and a selection of 2/3 bedroom.
Why Bahrain?
„« Bahrain has been receiving a great deal of attention among property investors from all across the globe in recent years for several reasons:
„« Bahrain's oil based economy has enabled the country to put a lot of money into infrastructure, health, education and commerce, maintaining a western standard of living.
„« Active government promotion of other sectors such as business, finances, IT, and telecommunications has led to a rise in the number of corporations basing themselves in Bahrain.
„« The growing business sector including the mass relocation of employees and executives into Bahrain, has substantially increased the demand for commercial and residential property, causing an increase in development.
However, there are only 6 designated areas in Bahrain, which have received Foreigners Freehold Ownership Consent from the Monarchy, Juffair is among them! Aimed at encouraging foreign investment together with offering residency!!
„« The booming property market in Dubai has attracted much attention to the potential of the Persian Gulf region. Believing that the Dubai market has become expensive, many investors are looking toward Bahrain where prices are cheaper and there are great short and long term prospects for capital growth and rental yield.
„« Bahrain is only 40 minutes drive from Saudi Arabia compared with the 40 minute flight to Dubai and offers nothing less than the Western delight Dubai offers.
„« Prices per sqmt in Dubai are 2-3 times dearer than in Bahrain
Marvida Tower: -
Facing the seafront over the marina, Marvida Tower is marvellously situated in the primary residential area of Juffair in the Bahraini capital of Manama.
Marvida Tower has a superb location, with the prestigious Marriot Luxury Apartments on its east and a short walk away from Sh. Jsa Library and Ahmed Al Fathe Mosque towards the West.
Designed to appeal to a wide spectrum of investors, it is minutes away from the hustle and bustle of the city centre, yet enveloped in the tranquillity of the prime residential locality.
Profound consideration has been put in to the planning and design of the amenities that would enhance the standard of living. These include:
• Fully equipped state of the art gymnasium, pool, spa, squash court, snooker and table tennis hall
• Recreational facility for the Children
• Mini theatre
• Nursing Facility
• Business Centre
• Beauty Centre
• Coffee Shop
• Multi purpose Hall
• 3 Express lifts + Service lift.
Price for apartments range from: 94,000 BD
ľ Completion РOctober 2008
ľ Strong Capital Growth
ľ 7% rental guarantee for 3 years.
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