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Bahrain’s real estate sector on the rebound

February 13, 2013
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Nader AlQassabThe Kingdom of Bahrain’s real estate sector is back on the track with investors making investments in all major real estate projects, showing the confidence in Bahrain’s national economy.

“Who said real estate in Bahrain is dead,” Nader AlQassab, Managing Director of Saar Central, said.
“Judging from Saar Central sales and the optimistic real estate climate, the market is definitely following a rebound pathway.”

“The fantastic start we’ve had to 2013 underscores the values Saar Central embodies – the advantage of residing in a neighborhood that is compatible to and compliments your style of living. Having sold nearly 60% of our villas, we are extremely positive that 2013 will be a great year for us as people recognize the long-term potential of investing in and residing at Saar Central,” AlQassab, added.

Saar Central, an 82 villa luxury residential development in the Kingdom of Bahrain, had sold 10 villas in the last two months brining in over BD2.2 million in revenue for Saar Central. These sales underscore the development’s continued ability to attract homeowners in spite of the current economic situation, in part thanks to their recent sales campaign.

Saar Central has undertaken numerous initiatives in line with their concept of creating a dream neighborhood. Most recently, they launched a Community Library for residents and friends. With regular storytelling sessions with a celebrated Bahraini storyteller and fun-filled games, the Library is an integral part of the community’s development.

Tags: BahrainReal EstateSaar Central
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