Rekaaz Announces Tenth Project in Al Ghobra
Rakaz Real Estate Development Company has launched its new project "Retal Plus" at the Royal Opera House, marking the company's tenth project. It consists of 140 residential units with prices starting from 33,800 Omani Rials, located in South Al Ghubra near the original "Retal" project. The location is strategic, close to Muscat Airport, Oman Mall, and healthcare facilities. The project emphasizes high-quality finishes and aims to create a luxurious and sustainable lifestyle. It features amenities such as swimming pools, fitness centers, barbecue and children's play areas, as well as exclusive services for residents. The company offers flexible payment options with an initial deposit of no more than 20%, and installments available for up to 50 months. The project seeks to meet the demand for luxury housing and boasts a distinctive Omani architectural identity. Investment returns are expected to be strong, reaching up to 20% from daily rentals and 10% from monthly rentals, with a slight increase in property value of up to 24%.
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