Properties for Sale in Oman

Benefits of Buying Property in Oman

Oman offers a unique blend of natural and cultural elements that make it an ideal destination for purchasing real estate. Here are some of the key benefits that make buying property in Oman an excellent choice:

• Natural and Climatic Diversity: Oman is known for its diverse landscape, which includes towering mountains, beautiful beaches, and vast deserts. This diversity makes it easy to find the perfect location that suits your personal needs, whether you're looking for a home by the sea, in a mountainous area, or the heart of the city.
• Social and Political Stability: Oman is one of the most stable countries in the Middle East, providing a safe and secure environment politically and socially. This stability is reflected in the real estate market, where investors and homeowners can enjoy peace of mind and confidence in the long-term value of their investments.
• Advanced Infrastructure: The Sultanate invests heavily in developing its infrastructure, including modern highways, airports, advanced hospitals, and international schools. This advanced infrastructure enhances the quality of life and makes Oman an ideal place to live and invest.
• Legal Flexibility: The Omani government offers significant legal facilities for property purchases, including for foreign investors. Foreigners can own properties in designated areas known as "freehold zones," where they can fully own properties, making the process straightforward and flexible.
• Low Cost of Living: Compared to neighboring countries, the cost of living in Oman is relatively low, making it attractive for individuals and families looking to live in luxury while saving on costs. Additionally, properties are available at reasonable prices compared to the quality and specifications offered.

Advantages of Real Estate Investment in Oman

Real estate investment in Oman offers many advantages that attract investors from around the world. These advantages can be summarized as follows:

• Growing Real Estate Market: The Omani real estate market is experiencing significant growth, driven by increasing demand for residential and commercial properties, ensuring good returns for investors.
• Tax and Customs Exemptions: The Omani government offers various tax exemptions and incentives to real estate investors, including exemptions from personal income tax and value-added tax on residential properties, increasing the attractiveness of investment.
• Economic Stability: Oman enjoys a stable economy supported by the oil and gas sector, along with economic diversification efforts by the government, focusing on sectors like tourism, industry, and trade.
• Diverse Investment Opportunities: Oman offers a wide range of investment opportunities in different types of properties, including residential apartments, villas, commercial properties, and residential complexes, allowing investors to choose the best options according to their investment goals.
• Supportive Legal Framework: Oman provides a well-developed legal framework to protect investors' rights, including property ownership laws, rental contracts, and financial transactions, ensuring safe and transparent real estate dealings.
• Easy Access to Financing: Banks and financial institutions in Oman offer various financing facilities with flexible terms, making it easier for investors to finance their real estate projects and achieve profitable returns.

Best Cities in Oman for Buying Property and Real Estate Investment

Oman boasts several cities that are ideal for purchasing properties and real estate investment, each offering a unique mix of opportunities and advantages:

• Muscat: The capital city of Muscat is the economic and political heart of the Sultanate and is considered one of the best places to buy luxury properties. Muscat features all essential services and facilities, such as international schools, modern hospitals, and large shopping malls. Investing in Muscat provides guaranteed returns due to the high demand from local and foreign residents.
• Salalah: Salalah is the tourism capital of Oman, attracting visitors from all over the world due to its moderate climate year-round and stunning natural beauty. Salalah is an ideal location for investing in tourist properties like villas and apartments with sea views, thanks to the high influx of tourists during the Khareef season.
• Nizwa: The historic city of Nizwa is a cultural and tourist center, attracting many interested in Omani history and heritage. Real estate investment in Nizwa can be profitable by developing heritage properties and boutique hotels catering to visitors interested in culture and history.
• Sohar: With its strategic coastal location and developed infrastructure, Sohar is one of the most important industrial cities in Oman. Sohar offers excellent investment opportunities in both residential and commercial sectors, attracting many large industrial companies, which creates a growing demand for residential and commercial properties.
• Seeb: Seeb is one of the largest cities in Oman in terms of population density and features a wide variety of properties, from luxury villas to mid-range apartments. Seeb attracts investors due to its diverse population and availability of necessary infrastructure for families.

Average Property Prices in Oman

Property prices in Oman vary depending on the location and type of property, and they are generally reasonable compared to the quality of construction and available facilities. Here’s an overview of key areas and their average prices:

• Muscat: In the capital Muscat, prices are relatively high due to the significant demand for housing. Apartment prices range from 50,000 to 150,000 OMR depending on location and size, while villa prices range from 200,000 to 700,000 OMR. Commercial property prices vary depending on location and start from 100,000 OMR.
• Salalah: Salalah offers more competitive prices. Apartments start at 30,000 OMR, while villa prices range from 150,000 to 500,000 OMR. Properties with sea views may be more expensive, especially in tourist areas.
• Nizwa: Properties in Nizwa tend to be less expensive compared to the capital, with apartments starting at 20,000 OMR and villas from 100,000 OMR.
• Sohar: Due to its industrial importance, property prices in Sohar are stable, ranging from 40,000 to 120,000 OMR for apartments and from 150,000 to 500,000 OMR for villas.
• Seeb: Apartment prices in Seeb range from 30,000 to 100,000 OMR, while villa prices range from 120,000 to 450,000 OMR.

Imtilak Global plays a crucial role in helping clients find the best deals at the most competitive prices, leveraging its extensive experience in the Omani real estate market to provide exceptional advice and significant facilitation in the purchase process, ensuring high-quality properties at competitive prices.

Properties for Sale in Oman by Imtilak Global

Imtilak Global offers a range of leading real estate projects in Oman, which include luxurious villas and premium apartments. Here are more details about some of these projects:

• Aida by DarGlobal: Located in a stunning mountainous area in Muscat, this project offers luxurious villas and apartments with panoramic sea views. The Aida by DarGlobal project combines luxury with tranquility, making it an ideal choice for those seeking a distinguished residential experience.
• The Great Escape: This project offers a unique residential experience in the Jebel Sifah area of Muscat, allowing residents to live amidst breathtaking nature while enjoying all modern comforts. The Great Escape project includes villas and apartments with contemporary designs and spacious layouts.
• Raya - Jebel Sifah: This project is ideally located on the coast, offering stunning sea views and lush green landscapes. The Raya - Jebel Sifah project includes a variety of residential units ranging from luxury apartments to upscale villas, with high-level recreational and sports facilities.
• Amazi in Hawana Salalah: Situated in the heart of the famous "Hawana Salalah" resort, Amazi is one of the most distinguished projects in Salalah. The Amazi in Hawana Salalah project offers a collection of villas and apartments that feature modern designs and breathtaking sea views. The project also boasts multiple facilities such as swimming pools, restaurants, and sports clubs, making it a preferred destination for living and investment in the area.

All these projects represent ideal options for those looking to buy property in Oman, whether for living or investment. These projects are characterized by high-quality construction and available facilities, ensuring good investment returns in the long term.

Book a Free Property Tour with Imtilak Global

If you are considering buying property in Oman, Imtilak Global offers you an unparalleled opportunity to explore the best options available through a free property tour. During this tour, you will be able to visit the real estate projects we offer in various regions of the Sultanate and learn about the features and services available in each project. In addition, Imtilak Global will provide you with professional and personalized consultations to help you make the best decision that suits your needs and budget.

Imtilak Global is our company specializing in real estate in Oman, and we are committed to providing the best services to our clients to ensure a smooth and satisfying property-buying experience. Don’t hesitate to contact us to book your free property tour now!