Al Mouj Muscat and NBO join hands to offer extra value for real estate investors
September 9, 2019 | 5:21 PM
by Times News Service
Photo: Supplied

Muscat: Al Mouj Muscat, Oman's lifestyle and leisure destination, and the National Bank of Oman (NBO), the nation’s bank of choice is offering extra value for investors in the Sultanate with a tailored finance agreement and incentives exclusive for NBO customers.

The agreement grants NBO’s clients the opportunity to purchase townhouses at Ghadeer Parks and apartments at The Gardens neighbourhoods, with zero service charges for one year, along with waiving registration fees. The benefits extend to include free rental services should properties be bought for investment purposes, allowing clients to take advantage of profitable opportunities in the real estate sector in Oman.

“Our homes already offer the strongest real estate investment opportunity in Oman, delivering returns that consistently outperform the market,” said Nasser bin Masoud Al Sheibani, CEO of Al Mouj Muscat. “Working with the National Bank of Oman, this newest initiative will satisfy customers’ needs not just for better value, but also for a streamlined, more convenient experience, bringing finance and real estate together into a one-stop service.”

National Bank of Oman has a long-standing relationship with Al Mouj Muscat, already facilitating housing loans for customers purchasing properties at the community. The newly signed agreement further offers innovative financial solutions that will make people’s lives easier.

“We have worked closely with Al Mouj Muscat since 2009, supporting its growth into the vibrant and successful community it is today,” said John Chang, General Manager and Chief Retail Banking at NBO. “We are very pleased to be making our partnership even stronger, actively connecting our customers with a premium real estate project. Buying a home is an important life-time decision and this is where NBO plays a vital role not only through our convenient housing loans giving clients an advantage on repayment terms, low processing fees and special rates but also providing real investment opportunities within Oman.”

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