04 July 2005
Century 21 Bahrain Properties signed an agreement with Mohammed Shaikh Ishaq Al Abbasi and Dr Bashar Ahmadi, developer of Orchid Tower Condominium, to manage and market 52 luxurious 2- and 3-bedroom duplex apartments in Juffair.
Orchid Tower Condominium is a residential complex housing 52 luxurious 2- and 3-bedroom apartments that will be on offer to expats, foreign investors and citizens of Bahrain.
In a progressive and landmark move, these luxurious apartments will be offered for sale to individual investors and buyers unlike earlier when apartments could not be purchased by individual buyers and investors except on recreational island properties.
Century 21 Bahrain Properties is part of the global real estate organisation with over 7,000 offices in 40 countries and employing over 130,000 real estate professionals across Australia, Asia & Middle East, America and Europe.
Century 21 Bahrain Properties is the name behind several large and successful blue-chip real estate properties in Bahrain, Jordan, Algeria, Tunisia and Qatar.
Orchid Tower Condominium is located in the quiet area of Juffair, off the coastline offering the magnificent sea view of Shaikh Khalifa bin Salman Bridge. The 15-storey residential block features elegant architecture of 3-bedroom duplexes and single level 2-bedroom flats with all modern amenities and conveniences including swimming pool for adults and children, assigned indoor car park, central air-conditioning, fully equipped gym, squash courts, game room, two high speed large elevators and 24 hour security. When completed Orchid Tower will offer home owners in Bahrain a whole new living experience.
Construction, expected to start on July 10, 2005, is scheduled to be completed by the first quarter of 2007.
Bookings for the apartments are available through Century 21 Bahrain Properties.
Orchid Condominium will be available on easy finance terms negotiated by Century 21 with some of the leading banks and financial institutions in the country. Home owners can make a 10 per cent down payment with the balance payable over easy monthly installments over a period of 15 years.
"Century 21 will offer home-owners an additional unique proposition to make repayment of their loans even easier on completion of the project. Home owners have the option of leasing the property back to Century 21 who will pay a 6 per cent guaranteed return on their investment," said Abdul Wahed Kooheji, CEO of Century 21 Bahrain Properties.
"This agreement between Century 21 and Orchids Tower Group is merely the first step in offering world class quality, affordable housing for the residents of Bahrain. The Group has other plans which will be announced in the near future and that will reinforce our commitment to offer 'housing for all.'"
Century 21 Bahrain Properties signed an agreement with Mohammed Shaikh Ishaq Al Abbasi and Dr Bashar Ahmadi, developer of Orchid Tower Condominium, to manage and market 52 luxurious 2- and 3-bedroom duplex apartments in Juffair.
Orchid Tower Condominium is a residential complex housing 52 luxurious 2- and 3-bedroom apartments that will be on offer to expats, foreign investors and citizens of Bahrain.
In a progressive and landmark move, these luxurious apartments will be offered for sale to individual investors and buyers unlike earlier when apartments could not be purchased by individual buyers and investors except on recreational island properties.
Century 21 Bahrain Properties is part of the global real estate organisation with over 7,000 offices in 40 countries and employing over 130,000 real estate professionals across Australia, Asia & Middle East, America and Europe.
Century 21 Bahrain Properties is the name behind several large and successful blue-chip real estate properties in Bahrain, Jordan, Algeria, Tunisia and Qatar.
Orchid Tower Condominium is located in the quiet area of Juffair, off the coastline offering the magnificent sea view of Shaikh Khalifa bin Salman Bridge. The 15-storey residential block features elegant architecture of 3-bedroom duplexes and single level 2-bedroom flats with all modern amenities and conveniences including swimming pool for adults and children, assigned indoor car park, central air-conditioning, fully equipped gym, squash courts, game room, two high speed large elevators and 24 hour security. When completed Orchid Tower will offer home owners in Bahrain a whole new living experience.
Construction, expected to start on July 10, 2005, is scheduled to be completed by the first quarter of 2007.
Bookings for the apartments are available through Century 21 Bahrain Properties.
Orchid Condominium will be available on easy finance terms negotiated by Century 21 with some of the leading banks and financial institutions in the country. Home owners can make a 10 per cent down payment with the balance payable over easy monthly installments over a period of 15 years.
"Century 21 will offer home-owners an additional unique proposition to make repayment of their loans even easier on completion of the project. Home owners have the option of leasing the property back to Century 21 who will pay a 6 per cent guaranteed return on their investment," said Abdul Wahed Kooheji, CEO of Century 21 Bahrain Properties.
"This agreement between Century 21 and Orchids Tower Group is merely the first step in offering world class quality, affordable housing for the residents of Bahrain. The Group has other plans which will be announced in the near future and that will reinforce our commitment to offer 'housing for all.'"
Bahrain Tribune 2005
