18 February 2007
Units in The Avare sell out in record time

CENTURY 21 Bahrain, a broker office in one of the world's largest real estate networks, has announced that all units in the US$ 14 million development 'The Avare' have sold out.

CENTURY 21 Bahrain were appointed as the exclusive sales and marketing agents for 'The Avare' by Grand Real Estate Projects last year. Located in the prestigious Seef District, 'The Avare' is set for completion towards the end of this year.

AAA Homes W.L.L. was appointed as the construction company for 'The Avare' and Bahrain-based United Engineering is overseeing the design of the development.

"Since 'The Avare' broke ground in 2006, it has attracted significant market interest. 'The Avare's' strategic location in the upmarket Seef area and its spectacular sea views make this development the address of choice for those seeking the finest in contemporary, urban living," said Abdul Wahed Al Kooheji, CEO and Vice Chairman of CENTURY 21 Bahrain.

"As Bahrain's property market continues to expand we are confident that the developments we are associated with will continue to meet the needs of buyers looking to invest in high-end, quality, luxury housing units," added Kooheji.

All 89 units in The Avare development have sold out in record time (44 one bedroom, 44 two bedroom and 1 penthouse). The Avare boasts expansive sea views, state of the art amenities and facilities for its residents and easy connection's to the island's city center and airport.

Once complete, The Avare is set to change the skyline of the Seef District and become an icon of luxury, urban refinement.

For more information on The Avare, please visit the CENTURY 21 Bahrain website at www.century21-bahrain.com or contact the CENTURY 21 Bahrain sales team by telephone at +973 17212000, by fax at +973 17 228440 or by e-mail at info@century21-bahrain.com.

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About CENTURY 21
CENTURY 21 Real Estate Corporation is the franchisor of the world's largest residential real estate sales organization, with more than 7,800 independently owned and operated franchised broker offices in over 44 countries and territories worldwide.

For more information, please contact:
Maya Ribeiro, Manager
Action Bahrain
P: +973 17 234553
F: +973 17 234557
E: maya.r@actionprgroup.com

© Press Release 2007