Kuwait Finance House – Bahrain has announced the signing of a MoU with Durrat Marina, one of the most prestigious real estate development companies in the kingdom, to provide special and exclusive financing offers for customers wishing to own and invest in the Durrat Marina project.
A key mixed-use project, Durrat Marina overlooks stunning sea views and is located in the far south of the kingdom and is also within a short distance from the marina area.
The project’s designs are characterized by a blend of Arabic culture along with contemporary and modern touches, giving residents a luxurious residential experience. Apartment prices start from BD60,000 to BD125,000 ($158,184 to $329,550).
The signing ceremony was held in the presence of Hamed Mashal, Head of Retail Banking at KFH–Bahrain, and Othman Janahi, a representative from Durrat Marina.
As part of the agreement, KFH-Bahrain
will provide customers with real estate financing offers which include competitive profit rates and free fire insurance, in addition to exempting customers from administrative fees, while facilitating a swift completion process for all financing applications.
On the deal, Mashal said: "Our collaboration with Durrat Marina comes as part of our initiative aimed at accelerating and facilitating the process of owning a luxurious residential unit for clients. We are pleased to be a part of our valued customers’ journey of owning their dream home, and we continuously strive to provide competitive financing offers to help facilitate the process."
Janahi expressed delight at tie-up with such a reputable banking institution such as KFH-Bahrain to provide real estate financing offers for the apartments in the Durrat Marina project.
"This partnership will contribute to facilitating customers’ process of owning a property in the project, and we, in turn, assure the readiness of all residential units and their availability for immediate delivery," he stated.
Durrat Marina apartments are available in a variety of sizes to suit the different needs and requirements of buyers, and include from one to three bedrooms in each apartment, said the comopany official.
The apartments range in size from 85 to 244 sq m, all containing a living room, kitchen, storage area, balcony and a minimum of a master and secondary bathroom in one apartment, stated Janahi.
The project also includes common facilities for residents, including open spaces, a swimming pool and a gym.
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