Masaken Retail Estate Development Co. today unveiled the latest addition to the Bahrain property sales market, The Residence Bahrain.
Located on the very edge of the Arabian Gulf, in Juffair, The Residence will be the most exclusive and desirable residential address in Bahrain. The property will also set a new benchmark for all future developments in the Kingdom.
The 16-storey, twin tower residential complex offers 120 one, two and three bedroom luxury apartments, including four suites and four duplex penthouses. All apartments boast stunning balconies or terraces with panoramic sea or cityscape views.
The Residence offers 18 different apartment layouts, each with their own unique and individual design touches and each finished to the highest international standards.
In addition to the apartments, The Residence will offer five-star facilities, including a breathtaking triple-height atrium providing floor-to-ceiling views of the outdoor amenities. Residents have the choice of two swimming pools; the suntrap pool on the 7th floor and the larger ground floor pool with a generous sun deck. There is also a fully equipped gymnasium, saunas, a resident's lounge and 2,000 square meters of landscaped gardens.
Mr Charles Bott, Associate Director, DTZ Bahrain commented "The Residence provides a unique opportunity for owner occupiers and investors alike. Each apartment will be sold on a freehold strata basis, enabling purchasers either, to reside themselves or to lease to third parties through the management structure put in place by the developers".
Kuwait Finance House is offering mortgages to both locals and expatriates for the purposes of foreign ownership.
Scheduled to open in the summer of 2006, the apartments are now available for sale through DTZ Bahrain. Their on site sales office in Juffair will be open on March 22nd, 23rd, 24th and 25th, from 9am to 4pm.
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For further enquiries, please contact
DTZ Bahrain on
+973 17540330 or visit
www.theresidencebahrain.com
© Press Release 2006
