Muscat: Bringing added value to Oman’s emerging real estate sector, Telal Al Qurm has launched a market-leading investment opportunity on their residential units at Oman’s premier multi-purpose real estate development. Introduced to HNI stakeholders at a number of recent social events, the complex’s new purchase tariffs offer buyers a guaranteed ROI of 7% annually with a three year capital investment guarantee should they be looking for mid-term investment prospects.

Tony Safarian, General Manager of ALARGAN International Real Estate in Oman, said, “Our team has worked hard to structure this proposition to ensure the interest of all serious investors seeking a place on the property ladder within an integrated complex purpose-built for modern living. Based on the quality of our configurations, the highly competitive pricing of our properties, and the interest we have received thus far, we expect to handover another tranche of the remaining configurations at Telal Al Qurm before end-of-year”.

Telal Al Qurm’s townhouses stretch across an expanse of 6,324sqms in two rows of 23 properties. Accompanied by a nearby Clubhouse and a 2,500sqm park the development’s range of townhouse configurations were modelled on a architectural, interior, and community concepts that combine sophistication and modernity with tradition elements echoing the historic beauty of the Sultanate. The complex is based in the heart of modern day Muscat, with ease of access to some of Oman’s most visited retail destinations, some of the city’s best public beaches, a vibrant commercial district, and key transport routes to bring greater convenience to everyday life.

Safarian added, “In today’s market people expect their housing to be integrated for greater convenience with a fusion of contemporary and classical architecture where modern living meets natural beauty. Telal Al Qurm is a milestone development allowing homeowners and renters to live life ‘As You Love It’, which tends to include flexible payment plans to accommodate modern lifestyles”.

Each townhouse at Telal Al Qurm features full-height windows that face north to invite ample without the undue inconvenience of direct sunlight. The properties’ interior concept delivers straight-line modern designs with generous well-defined spaces. Added community highlights include a community Clubhouse and recreational facilities, including a gym and swimming pool, offering residents the perfect opportunity to workout and unwind without the need to travel outside of their comfort zone.

Telal Al Qurm is Oman’s premier multi-purpose real estate development and a subsidiary of Kuwait-based ALARGAN International Real Estate Company, offering affordable and comfortable living spaces with sublime architecture. The project offers a wide choice of creatively designed properties such as apartments, townhouses and plots with market-leading value to renters and homeowners alike. A total area of 49,920sqm has been allocated to the development’s roads network, gardens and walkways, bringing the true essence of community to Telal Al Qurm.

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About ALARGAN International Real Estate Company:

ALARGAN International Real Estate Company - Kuwait is a leading real estate company focused on the development of affordable and middle income housing in the GCC. Operating in Oman through 100% ownership of Telal Al Qurm, and a 50% joint venture with WJ Towell Group through Alargan Towell Investment Company, the company strives to integrate its motto, ‘Life… As You Love It’, across its projects. The company also endeavors to pass on its sustainability values to the community by including green and energy efficient initiatives in its projects. ALARGAN International, Kuwaiti based company, is the only company in Kuwait to obtain the Platinum ranking for the Leadership in Energy & Environmental Design (LEED) program, which is awarded by the U.S. Green Building Council (USGBC). ALARGAN follows a balanced investment strategy, and tries to seize opportunities with stable and superior returns based on the market’s investment cycle. Its projects are diverse and located across the Gulf region, including the State of Kuwait, the Kingdom of Saudi Arabia, the Kingdom of Bahrain and the Sultanate of Oman, delivering popular hotels resorts, widely visited shopping and food destinations, large development communities, and middle income level residential housing.

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