Why Buying an Apartment in Oman is a Smart Move
Muscat, the capital of Oman, offers pristine beaches without overwhelming crowds. The city enjoys a warm, sunny climate, seafront golf courses, and plenty of spots for relaxation, fine dining, and leisure along the Gulf of Oman.
Let’s take an apartment in Al Mouj as an example and break down the key benefits beyond the beachfront lifestyle.
Apartment Overview
• 1 bedroom, 79 m².
• Balcony with sea views.
• High-end finishes.
• Waterfront residential complex.
• Yacht club, game room, Zen gardens.
• Rooftop infinity swimming pool and 10+ premium amenities.
What You Get with This Purchase
• 2-year residency visa, renewable indefinitely.
• Estimated rental yield of 8-10% per year.
• Annual capital appreciation of 5-15%.
Additional Advantages
• No personal income tax.
• No property tax, only a one-time 5% VAT.
• No inheritance tax.
• High liquidity and a rapidly growing real estate market.
Payment Plan
• $15,150 or 5% – upon booking.
• $30,300 or 10% – 40 days after booking.
• $30,300 or 10% – by the end of Q1 2025.
• $45,450 or 15% – Q3 2025.
• $45,450 or 15% – Q1 2026.
• $45,450 or 15% – Q3 2026.
• $45,450 or 15% – Q1 2027.
• $45,450 or 15% – upon handover in Q2 2027.
Price
$303,000