MARINA
WEST
BAHRAIN
FROM
Studios from 341,000 AED
1-bedroom
743,000 AED
2-bedroom
from 1002,765 AED
3-bedroom
from 1318,147 AED
8%
Minimum Rental Guarantee
PRE LAUNCH
PRICES
FREEHOLD
We
are proud to announce the pre- launch of a new
Apartment Residence Project in Marina West,
Kingdom of
Bahrain and have the following units for sale
at pre-launch
prices exclusively to us
Marina
West Bahrain:
We have the pleasure in announcing our exclusive
launch of Marina West, the first luxury resort
of its kind along the coast of the Kingdom of
Bahrain. This 11 tower 5 star quality resort
in a hotel style apartment residence program
that will provide gust and owners with top quality
services and facilities as well as maximum occupancy
and returns utilizing a Worldwide reservation
system through Alpha Tours, one of the largest
travel consultants in the Middle East.
The professional management of the developer
combined with the successful reservation system
of Alpha Tours will provide a safe and reliable
investment opportunity in this strategic location
on the est coast of Bahrain linked to Saudi
Arabia by the 26km King Fahad Causeway. This
is a once in a lifetime chance to own your very
own apartment in a luxury apartment residence
in the Kingdom of Bahrain whilst being guaranteed
an annual return on your investment.
Key Features:
Tower
7
-
5 Star style
-
24 Storey
- 132
luxury rooms (12 studios, 28 1 bedroom, 72
2 bedrooms, 16 3 bedrooms & 4 Penthouse
apartments)
Tower
11
-
5 Star style
- 18
Storey
- 98
luxury room (8 Studio, 22 1 bedrooms, 56 2
bedrooms, 8 3 bedrooms & 4 Penthouse apartments)
- 150m
Beach Front, Beach Club, Marina Club, Jet/Ski,
Boat Mooring, Spa, Health Club, Children´s
playground, First Class activities, Restaurants,
Coffee shops, Boutiques and breathtaking views.
Investment Features:
-
The unit will be placed in the rental program
with the developer for a period of 20 years
with automatic option to renew.
- The
tower will yield high rental return via the
use of a world wide reservation system targeting
the Bahrain tourist market.
-
The owners rent will be paid yearly in arrears
and will be 60% of the net profit generated
from the operation of their room/apartment
for the proceeding year. This will equate
to a minimum of 8% return on investment and
will be guaranteed for the first 3 years by
developer.
- The
owner has up to 30 days personal use per year.
Price
and Availability:
Studios 49m2 (527 sqft) price per sqft 685,
price 361,290 AED
1 Bedoom 98 m2 (1055 sqft), 705 AED psqft, price
743,678 AED
2 Bedroom 136m2 (1464 sqft), 685 AED psqft,
price 1,002,765 AED
3 Bedroom 157m2 (1690 sqft), 780 AED psqft,
price 1,318,147 AED
Completion Date
Completion
of the project is estimated to be June 2008.
Payment Schedule:
On Reservation 5000
AED Payable on signing of reservation form
DEPOSIT 10% Within 7 days of reservation
1st Installment 10% Within 30 days of reservation
2nd Installment 10% Within 90 days of reservation
3rd Installment 10% On completion of Podium
4th Installment 10% On completion of 6th floor
Structure
5th Installment 15% On completion of 12th floor
structure
6th Installment 15% On completion of the structure
7th Installment 20% On Completion date
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