We will talk to you in our article about apartments for sale in the Sultanate of Oman, for those who wish to travel to it and settle in it, as you will find in our article on the Al-Fanar Real Estate website answers to many of your questions about apartments for sale in Oman, such as: Are foreigners entitled to buy a house or own a property in this country and how You will find the best apartments and in the best governorates in the Sultanate of Oman, and we will give you an overview of the current average prices for apartments in addition to the various types of real estate that you can own, and what are the advantages of real estate investment in the State of the Sultanate of Oman, and will it serve you in the matter of residency or citizenship and what are the facilities provided to the state and advantages Which it grants to those who wish to own or buy a property on its lands, a good follow-up that we wish you with us.
Apartments for sale in the Sultanate of Oman for foreigners
For foreigners coming to the Sultanate of Oman and wishing to settle and live in it, and to find a suitable apartment within the various regions in it, the Sultanate of Oman has provided many facilities in order to attract more foreign investment to the country and stimulate the real estate market in it, in addition to many privileges provided when buying a property in Oman Such as obtaining an investment residency for the buyer and all his family, in any area of Oman he chooses, whether in Muscat, Salalah, Al-Mouj, or others, with the specifications and price he desires.
Conditions for foreigners owning an apartment in Amman
We will review a number of conditions issued by the Ministry of Housing and Urban Planning in Oman in order to own apartments for foreigners, within the framework of the state’s keenness to improve the real estate market and its position within the local real estate markets, as it enacted several conditions that must be met by the foreign person who wants to buy
The foreign buyer must not be less than 23 years old
The foreign buyer must hold a valid residence permit for a period of not less than two years.
The purpose of the purchase is to live alone, or to share it with first-degree relatives.
The best areas in the Sultanate of Oman to buy an apartment
Here we will tell you about the best places where you can find your dream apartment in the Sultanate of Oman in terms of location and view of nature, in addition to the features provided within the same area and its cultural and social environment, which increase the value of the house and its price, as well as the various specifications of the apartment such as space, interior and exterior finishes, and elegant design, and below we review The most important cities for housing in Oman with their advantages.
Muscat city
If you are wondering about choosing Muscat primarily among the Omani cities for housing, then Muscat is the largest city in Oman and a destination for real estate developers who have created many residential projects in it that were characterized by modernity, beauty of design and good infrastructure, and among the residential projects with luxury apartments is the Marsa Garden Apartments project. The Wave, and below, we mention the most important reasons that make it the best option for housing and owning a house in it.
Muscat is one of the rich cultural cities and a destination for those interested in cultural history and contains a wonderful mixture of ancient history and modernity of the present.
You have a beautiful nature, so for people who are interested in nature, your home will have a view of clear blue waters and beautiful green plants, where you will enjoy this stunning view whenever you want.
The social environment in Muscat is suitable for families and the family atmosphere, so for those who are looking for a good place for their family to live, Muscat is the most suitable option because of the social services it provides and coherent infrastructure such as schools, playgrounds, hospitals, shopping centers and transportation.
The existing laws in Muscat help attract investors to it, as they benefit the buyer, such as immediate residence when buying a property and net freehold ownership of all real estate, in addition to the absence of personal income tax within Oman.
Salalah city
The city of Salalah is the second capital of the Sultanate of Oman after the city of Muscat, and it is one of the major cities of Salalah in the Dhofar Governorate. It is also one of the cities that those who wish to own a house or an ideal apartment in the Sultanate go to for the following reasons:
A coastal city characterized by the beauty of the sea and the clarity of its waters, in addition to its different natural terrain.
Salalah is a tourist city and a destination for expatriates from inside and outside the Sultanate of Oman
A commercial city and a large entertainment center that provides distinctive entertainment services.
Providing comfortable family housing, as all Salalah neighborhoods serve this purpose by providing family needs in terms of education and entertainment centers.
It is characterized by the abundance of hotels in it and its diversity, ranging from luxury and international hotels to simple hotels, in addition to the availability of hotel accommodation for those who wish to change and take a tourist tour from time to time.
The city of Salalah provides many options for those who wish to buy an apartment or house in terms of diversity and urban difference between one neighborhood and another, which is noticed by residents of the city itself or expatriates
Apartment prices cater to different segments through the availability of several options ranging from medium to high prices
The city is characterized by a high population, and thus offers you an opportunity to rent your property in the future due to the high demand for homes and living in them, especially during the tourism seasons.
If the goal of housing is to invest in the future, then it is advised to go to central Salalah and buy there, because it is the city’s vital center and its beating heart, in addition to the meeting of all government agencies and institutions in it.
Types of apartments offered for sale in Amman
The Sultanate of Oman provides many options and different types of apartments, which suit the different needs of people or families. The building system in it includes various types, starting from small apartments to large apartments and duplexes, and they can be acquired within residential projects or different neighborhoods.
Small apartments
Suitable for unmarried people or individuals who came to the Sultanate for the purpose of working for certain periods or a small family with one child, as the apartments consist of a room and a hall only, and therefore are more intended for individuals than families.
Medium apartments
These apartments consist of two rooms and a hall and are suitable for small to medium families that have children
or two children at most.
Big apartments
They are apartments that consist of three rooms or more and a hall. There are also apartments consisting of two floors, such as duplex apartments, and are suitable for large families that include more than three children, especially Gulf families that come to Oman for the purpose of tourism, entertainment and spending vacation times.
How much does it cost to buy a house in the Sultanate of Oman?
In fact, there is no exact answer to this question due to the change in prices from day to day and from one region to another, where the cost depends on the location of the apartment, its area, design, cladding, building material and surrounding services, but for example but not limited to, the average prices of apartments in Maqt range between 200 Omani Riyals Up to 100.00 thousand Omani riyals, while housing prices in Salalah are of a high category compared to other Omani cities, but rather compared to Arab cities with the same tourism and hotel classification and coastal nature, but nevertheless they offer options at prices between medium to high and very high.
The best types of investment for apartments in the Sultanate of Oman
The Sultanate of Oman has many different advantages that made it the best place for investment, whether in apartments or real estate, as it is a country that contains political and security stability, as well as economic stability, strategic location, advanced infrastructure, and laws that offer many advantages to the investor. Therefore, owning a house or investing it in a country such as the Sultanate of Oman is the choice. The best is where you can rent your apartment within specific seasons or buy it within investment projects and strategic areas and resell it at a higher price, i.e. an investment gain on capital. You can also later if you want to develop the apartment and turn it into an investment property, but you have to choose the appropriate location for the apartment when buying it, such as being within a commercial area. Or tourist or central, if your intention is to invest in the future.
Advantages of investing in apartments in the Sultanate of Oman
The Sultanate of Oman offers many advantages that make people want to live and invest in it, as the Omani laws were keen to make the benefit accrue to the buyer or investor more than the state. Below we present some of these advantages for those who wish to invest in their place of residence or convert it into an investment project
A foreign person has the right to own 100% in all parts of the Sultanate of Oman.
There is freedom of movement of capital through its entry and exit from the Sultanate
Exemption from taxes for investor projects for a period of five years, subject to increase
There are no restrictions on currency conversion
Exchange rates are stable
It allows attracting workers from different countries of the world
The most important advantage is that you can buy your apartment in installments, that is, in different payments, which allows you to choose a higher than your current budget.
After all these advantages, you can rest assured and buy an apartment or a large house as a basic step to converting it later into a very successful investment project.
Important questions about owning apartments in the Sultanate of Oman
Find out some frequently asked questions about our topic:
Do Syrians have the right to own an apartment in Amman?
Yes, they are entitled to that
Is owning a property suitable for obtaining residency?
Yes, the buyer gets a real estate residence for himself and his family
What are the best sites to buy a property in Muscat?
Among the best sites and neighborhoods are Madinat Sultan Qaboos, Muscat Bay, Qurum, Azaiba, and Al Khuwair
Is a foreigner entitled to obtain financing to buy a house?
An expatriate is entitled to obtain financing if he holds a valid residence permit
When does a foreigner have the right to dispose of his house or real estate?
He has the right to do so after 4 years have passed since the date of writing the usufruct contract
Is living in the Sultanate of Oman expensive?
It is considered relatively expensive and varies from one region to another within it
Here we come with you to conclude our journey in this article about apartments offered for sale in the Sultanate of Oman, through which we reviewed a lot of ideas that interest you about buying an apartment in Oman and the advantages of apartments in various regions of the Sultanate, as our page includes many articles of interest to those who wish to own a property or A house in this area, and for more details on this subject, do not hesitate to contact the Skyline Real Estate team, where our experts will provide you with the most accurate details and the most correct information and answer all your questions and inquiries.
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