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Investors are being sought to purchase a multi-million dinar freehold tower in Juffair, the bustling district on the edge of Manama.
The 17-storey Marina Tower will feature 43 contemporary designed one, two and three bedroom apartments along with one duplex penthouse.
The homes will boast impressive views of Juffair and the sea. The construction of the building, on a plot of 865 square metres, has been completed and now the finishing touches are being made to the interior.
The apartments, starting from the fourth floor, will feature 'high-end' finishings throughout and the amenities in the building will include a lobby on the first floor as well as secure car parking on the second and third floors. The tower will also boast a gym for men and women as well as a sizable swimming pool.
Situated in the residential side of Juffair, the Marina Tower is close to many of the district's popular restaurants, the Al Murjan Shopping Centre and hotels such as the Marriott Apartments.
Star Real Estate country manager Jason Mejia said: "This property is a new building which will give about eight per cent returns a year. In today's market you will not find much of anything with this kind of return. Also, Juffair is always a good rental market."
