The main strategies for making money on real estate in Oman

07 Jun 2024

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Oman is only gaining momentum as an investment destination: there are still enough places for development on the seashore, and prices for premium real estate are 1,5-2 times lower than in Dubai.

At the same time, the potential for development is great, and already the country is among the best for investment according to criteria such as the level of well-being and security, economic growth rates and rental yields. Investors who do not miss the opportunity and manage to invest in the location at the start will be in the black for many years.

Rent and resale

Long-term rental of real estate in Oman will bring you 4-4,5% per annum. At the same time, it should be borne in mind that the rental rate is growing rapidly here: in 2023, prices rose by 18,3%.

It is even more profitable to rent a resort property for daily rent. Oman is a popular tourist destination with picturesque nature and infrastructure. You can earn up to 10% per annum on short-term rentals. And the capital gain from the resale of real estate in this country will be up to 25%.

Projects for investment

🔸 AIDA is a collection of villas and apartments on the shores of the Gulf of Oman. The windows of the residences offer a fascinating view of the sea and the mountain landscape. The project includes gourmet restaurants, a fitness room, a wellness center and access to a golf club.

🔸 Muscat Bay is a resort village with villas and clubhouses with apartments with 3-5 bedrooms and ready renovation. It is an autonomous city in a city with green parks, a central square with cafes and restaurants, shops, kindergartens and a school.

🔸 The Sustainable City Yiti is a residential complex of 6 buildings in the center of the new environmentally friendly community The Sustainable City on the shores of the Arabian Sea. A rich infrastructure has been organized for residents: a kindergarten and a school near the house, gyms and a swimming pool, jogging and cycling paths, an equestrian club, green parks, restaurants and a shopping center.