Porta Reef completes construction work on time
Porta Reef is the first free-hold project to be completed on Reef Island
Manama, Bahrain - Porta Reef Real Estate Development Company announced yesterday that it will be ready to hand over units to owners by end of 2009, signifying that construction work by Al Kooheji Construction Co is on ahead of schedule and almost completed.
Mr Fawaz Ali Al Jowder, Chairman - Porta Reef said 'we are delighted to see that the project is going ahead of schedule where progress is significant. We aim to provide the best services to assist in answering to the continuous demand for high quality residential units. I would like to thank all our strategic partners who helped in making Porta Ree into a reality and meet client expectations.'
Mr Ahmed Habib, Head of Sales - Porta Reef also said, 'Porta Reef is the first project to offer free-hold ownership on Reef Island. We have especially ensured that investors and owners alike receive added value to their investment. We have strategically partnered with global famous brands to highlight this aspect. Such brands include: Roche Bobois Bahrain, Purity Bahrain, Velleory & Boch Bahrain as well as Pogen Pol Bahrain - all of which offer packages to Porta Reef unit owners.'
The exclusive Porta Reef, a USD 90 million project, includes a trio of luxurious residential 10-storey towers with 2 and 3 bedroom apartments, as well as six premium penthouse units. Porta Reef is the first freehold property to be available to buyers on Bahrain's Reef Island.
The towers comprise of 126 two bedroom, 57 three bedroom deluxe apartments, and six premium penthouse apartments that truly represent the definition of luxury. Each unit also has a balcony, and residents will have access to a sea-view swimming pool and Jacuzzi, as well as separate gym facilities for men and women equipped with the most innovative exercise equipment. A fully furnished model unit was launched in June this year for potential buyers and investors to view.
Meeting the highest international architectural specifications, each of the 189 units is fitted with the most contemporary, high-end kitchen appliances, lighting and other fit-outs, and comes with a choice of marble or parquet floorings. Dedicated parking space is provided with shade for residents and visitors, accommodating up to 330 vehicles.
Porta Reef also has a sea-front boardwalk as an upscale alternative to the traditional Corniche, and its courtyard gardens and children's playground situated between the three towers provide clean, open space for family living.
Reef Island is a strategic joint venture between the government of Bahrain and the Mouawad Group for Real Estate Development Company. It aims to attract high-net worth property investors from Bahrain as well as GCC residents who are looking for a distinctive second home. The USD 1.25 billion freehold development project covers an area of just under 600,000 square meters, of which Porta Reef occupies just over 16,000 square meters.
Strategically positioned between the capital's new business and commercial district and Bahrain's International Airport, but with the exclusive privacy of its Reef Island enclave, Porta Reef offers the best of urban living with a timeless style.
-Ends-
For information, please contact
Suad Al Badri
PR Manager at Porta Reef:
17 505 777
salbadri@adih.ae
© Press Release 2009
