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Amman, Jordan – Further contributing to the Kingdom's economic growth, Eagle Hills Jordan, the private real estate development and investment company, recently launched an exclusive incentive to facilitate residential property ownership at Marsa Zayed's Al Raha Village, in Aqaba. The incentive, an extended payment plan, allows buyers to continue to pay monthly instalments after the handover of their residential unit by spreading the financial commitment over a three-year period.
Al Raha Village, a peaceful, family-friendly residential neighbourhood that is surrounded by Aqaba’s rose-red mountains and overlooks the picturesque Red Sea, comprises an exquisite array of 100 villas and townhouses and more than 300 apartments that cater to the diverse taste of residents. Appealing to aesthetics with its lush green foliage found throughout the neighbourhood, Al Raha Village also presents residents and their guests with a variety of community facilities, including a 13,000-sqm. recreational park, playgrounds, parks, other children’s play areas and a centrally located three-storey clubhouse with a fully equipped gym, contemporary outdoor terrace and swimming pool, upscale restaurant and lounge.
This incentive follows a 30%-70% instalment scheme: 30% of the total unit price split into three payments pre-handover of the residential unit and the remaining 70% paid in instalments post-handover spread over a three-year period. The introduction of this unprecedented payment plan comes after a number of agreements between Eagle Hills Jordan and top financial institutions to even further facilitate the process of residential unit financing.
Commenting on the occasion, CEO of Eagle Hills Jordan Alaa Batayneh said, “We at Eagle Hills Jordan are proud to facilitate property ownership for those seeking a home with us at Al Raha Village, as we continue working toward full completion of the neighbourhood this year and building on the handover of phase one residential units. Overall, upon completion and handover, our four world-class projects across the Kingdom will fall directly in line with His Majesty King Abdullah II’s vision to drastically boost tourism to the country, helping further place Jordan on the map for travellers and contributing to the national economy.”
Last year, Eagle Hills Jordan saw great progress on all of its projects, and the beginning of this year has followed the same trend. With its continued progress as it works toward reaching completion and handover of some project components, Eagle Hills Jordan is well on its way to achieving wide recognition and a firm standing in the local and regional real estate markets, promoting its commitment to not only its potential and future residents but also to Jordan as a country with exponentially growing capabilities in terms of hosting tourists and offering game-changing properties for those seeking a new home.
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About Eagle Hills
Eagle Hills is an Abu Dhabi-based private real estate investment and development focused on the development of new city hubs in high-growth international markets. With a focus on developing large-scale real estate projects, Eagle Hills designs and implements mixed-use facilities. These communities draw on the latest technologies to build smart and sustainable projects that add significant value to the local economy. The company is currently developing a number of mega developments in Jordan, Bahrain, Morocco, Serbia, UAE and Nigeria.
In Jordan, Eagle Hills is involved in the development and management of three key projects. In Amman, the company is developing The St. Regis Amman and The Residences at The St. Regis Amman and W Amman and The Skyline Residences serviced by W Amman. In Aqaba, Eagle Hills is developing two mixed-use projects: Marsa Zayed and Saraya Aqaba. For more information, please visit www.eaglehills.com.
© Press Release 2017
