MANAMA: Al Salam Bank-Bahrain, the pioneering Sharia-compliant bank in the kingdom, signed a memorandum of understanding with Al Saraya Properties Company to offer an exclusive financing facility for customers purchasing villas in the new Saraya Al Reem 3 development.
The bank’s property finance scheme is available to all customers, including Bahraini nationals eligible for Mazaya social housing.
Located in a picturesque Saar suburb, Saraya Al Reem 3 offers three- and four-bedroom lifestyle-inspired luxury villas with modern amenities, private gardens and 24-hour security. The 26 villas are available for immediate move in.
Al Salam Bank-Bahrain deputy chief executive Anwar Murad said: “Housing security is a priority for Bahrain’s government and so we are pleased to extend our attractive Dari property finance scheme to our customers, particularly those eligible for Mazaya social housing. For down payments as low as BD500, they can move into their dream homes quickly and easily. Our fast-tracked processing and flexible repayment options make the scheme an attractive proposition for families seeking high quality affordable housing, which Al Saraya Properties Company has built a reputation for providing. This offer is added value to our current promotional campaign which gives customers the opportunity to win a free furnishing amount when availing of property financing.”
Al Saraya Properties Company chairman Saud Kanoo said: “Al Saraya Properties is committed to helping families achieve their home ownership dreams by delivering luxury housing at affordable price points. The Saraya Al Reem 3 villas at Saar embody our uncompromising values of quality, beauty and perfection.”
For further information, visit alsalambahrain.com or call 17005500.
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