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Friday, November 13 - 2009

50% of the entire project of Marina West already sold

Marina West, Bahrain's iconic new residential development on the Kingdom's West coast, has received a steady stream of interest from potential buyers from Bahrain, around the region, and foreign.

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  • Marine West Sales Centre.
    Marine West Sales Centre.
This interest has recently picked up with a notable increase in the number of apartment inquiries being received by Marina West Property Management.

So far this year from the total number of apartments on offer, approximately 95% of phase 1 & phase 2 and 36% of phase 3 have been sold. The first sales phase comprises Towers 2, 4 and 11, and the second sales phase comprises tower 3 and tower 9, as for phase 3 it comprises tower 7 which has only recently been released for sale. Each phase contains several apartment options in the form of one, two, three and four bedroom simplex and duplex freehold residences, as well as a number of Grand penthouse suites.

"Buyers have shown the most interest thus far in the one bedroom apartments and two bedroom apartments, with 100% of them sold out in three phases .The three bedroom apartments have also garnered enormous interest, with buyers snatching up 85%of the available simplex and duplex style three bedroom apartments in all three phases. As varied as people's tastes are, we believe that everyone can find something to suit them at Marina West," said Mahmood Janahi , Marina West Managing Director.

"You do not only purchase a residence when you buy one of Marina West's apartments, you also buy a lifestyle that is unique in Bahrain. The way the development is designed, no matter what your preference is in terms of location, size or height, you can find something to suit you and your needs. Also, purchasing a unit is made easier by the allowance of expatriate ownership, Marina West's internal finance scheme, and the various mortgage providers we have partnered with to make buying a marina lifestyle accessible to everyone," concluded Mr. Janahi.

As Bahrain's first and unique gated high rise residential beachfront community, Marina West will be set in tranquil and idyllic surroundings on the Kingdom's West coast. In addition to breathtaking views, residents will be able to enjoy comprehensive recreational facilities and entertainment as well as the convenience of an extensive and high quality retail offering.
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Notes and media contacts

More information on Marina West is available by visiting the sales centre on Janabiyah Highway between 8:30 am and 8:00 pm, seven days a week, or by contacting the sole agent for the development, Asteco Property Management on telephone number +973 17 690808.

About Marina West:
Comprising 350,000 square meters of residential, retail and leisure space, Marina West will be Bahrain's largest gated beachfront residential community. A 32 months development and construction programme is well under way and will be completed in April 2010. Ten residential towers and one five stars Hotel will accommodate luxury apartments, duplexes, simplexes, penthouse suites and there will be a full range of leisure, recreation and entertainment facilities. Alongside these will be a marina, private beach and extensive high quality retail facilities.

Marina West's 1, 2, 3 and 4 bedroom freehold properties range in size from 77 to 541 square meters.

More information on Marina West is available by contacting Asteco , Bahrain on telephone number +973 17 690808.

For further information regarding this press release, please contact Mr. Rabih Dib - Marina West - Public Relations Senior Executive on Tel: +973 39 462 338, Fax: +973 17 500 017.

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