Apartments in Bahrain’s premier beachfront development, Marina West, are selling at record rates, it was announced at Property Arabia 2007 which kicked off at the Bahrain International Exhibition Centre yesterday. Of the three towers comprising 350 apartments - of a total of 11 towers and 1,288 apartments the development will offer - released for phase 1 of the development, 45% have already sold. Marina West have taken a large stand at the exhibition, and property consultants are on hand to sell units within the development to visitors from around the region.
Mr. Mahmood Janahi, Managing Director of Marina West, attended the inauguration of the exhibition, and commented: “If we continue to sell at the current average rate we will be sold out before the development is completed, in less than 2 years, something which we have not seen before in Bahrain.”
“We attribute this high sales rate to the unique nature of Marina West in the Kingdom, and the fact that we are offering a lifestyle choice to buyers rather than just a place to live. Also, purchasing a unit is made easier by the allowance of expatriate ownership, Marina West’s internal finance scheme, and the various mortgage providers we have partnered with to make buying a marina lifestyle accessible to everyone.”
As Bahrain’s first and unique gated high rise residential beachfront community, Marina West will be set in tranquil and idyllic surroundings on the Kingdom’s west coast. In addition to breathtaking views, residents will be able to enjoy comprehensive recreational facilities and entertainment as well as the convenience of an extensive and high quality retail offering.
Marina West’s 1, 2, 3 and 4 bedroom freehold apartments, duplexes, simplexes and penthouse suites begin at a price of BD 42,000 with floor space ranging in size from 92 to 447 square metres.
More information on Marina West is available by contacting the sole agent for the development, Asteco Property Management on telephone number +973 17 690808 or by visiting www.marina-west.com.
Photo caption: Mr. Mahmood Janahi, Managing Director of Marina West (first on left), at with members of the team, on the Marina West stand at Property Arabia 2007.
About Marina West
Marina West is Bahrain’s first beachfront residential and lifestyle community to be set in the tranquil and idyllic surroundings of the Kingdom’s west coast. The development will comprise 11 thoughtfully designed residential towers that will encircle a 75,000 square-metre gated community. It will boast a fully comprehensive range of lifestyle and leisure facilities and more than 1,280 luxurious 1, 2, 3 and 4 bedroom apartments, duplexes, simplexes, penthouse suites and townhouses.
High quality retail, leisure and lifestyle attractions will include a130-metre long stretch of private beach, marina, boat jetty mooring facilities, a spa and health club, children’s playground, cafes and restaurants, supermarket and medical centre.
