Riffa Views has secured a freehold agreement paving the way for the international community to purchase homes in the stunning new property development and gain residency rights in Bahrain.
Riffa Views managing director Yasser A Abdulla said the legislation is part of a commitment to ensure that the 900-home real estate development is established as a multinational community on par with the most stringent international standards and expectations.
“Wth the Freehold Agreement, members of the international community are now also guaranteed the ability to not only own a property but to also reside in the Kingdom in their own right,” said Abdulla.
The first release of properties offered off plan includes 81 villas with on site work beginning this June and the first phase being completed by the first quarter of 2008. A second sales period will also commence early this year.
Prices for the initial 81 villas currently being released start at BD170,000 with a total plot area ranging from 500 square metres to 1,800 square metres.
The development features top quality designed and built homes woven around a planned new PGA championship golf course designed by internationally famed Arthur Hills/Steve Forrest & Associates.