NBO offers financing options for buyers in St. Regis Al Mouj Muscat
Muscat: The National Bank of Oman (NBO) has signed a strategic partnership with Alfardan Hotels and Resorts to provide financing facilities to buyers interested in purchasing a property within the residences of St. Regis Al Mouj Muscat.
Buying a dream home in one of Muscat’s most luxurious destinations is now easier than ever with NBO’s unique home loan offers, with financing of up to 90% of the property’s value, including including registration fees, mortgage fees and insurance premium starting at just 4.99. percent pa reducing the equilibrium rate. With fast approvals and in-home service, it’s easier than ever to turn dreams into reality.
Tariq Atiq, Director of Retail and Digital Banking at NBO, said: “We are delighted to partner with Alfardan Hotels and Resorts, adding to our growing portfolio of international partnerships. These days, people are looking for homes in prime locations, and these highly sought-after properties offer many options for buyers. Whether it’s young couples, honeymooners or growing families, we’re here to support them every step of the way, while adding value to their overall banking experience.
A beachfront address along an incredible 360-meter-long coastline, The Residences at The St. Regis Al Mouj Muscat offers a range of luxury apartments, duplexes and townhouses. An ideal real estate investment opportunity in Oman, the project will entitle its residents to freehold title upon purchase.
KC Dalal, Deputy Managing Director of Alfardan Group, said: “We are delighted to partner with the National Bank of Oman to provide attractive financing options to potential buyers and residents wishing to purchase their luxury property in residences in the St. Regis Al Mouj Muscat. Oman is a fast growing and very lucrative real estate market that offers great potential for owners and investors.
Faisal Al Shanfari, Country Director of Alfardan Properties Development, said: “We are delighted to partner with the National Bank of Oman to further contribute to the development of the luxury real estate market in the country. The St. Regis Al Mouj Muscat Residences offer an extraordinary escape spanning 360 meters from the Al Mouj Muscat waterfront and offering buyers an exclusive investment opportunity.
In addition to access to the signature St. Regis lifestyle and first-class services ranging from private butler service, 24-hour concierge and a la carte offers, residents can enjoy exclusive access to a modern fitness center, deluxe wellness center and spa, spacious pools and kids’ club plus upscale meeting rooms, grand ballroom, and business center well adjusted. In addition, the project will be the destination of several specialty restaurants along the coast, providing unprecedented exciting experiences for potential buyers and visitors to the hotel.
NBO’s personal and home loans are part of the bank’s commitment to providing competitive, hassle-free financial solutions for everyone. Processed quickly and efficiently, the bank also offers borrowers a host of benefits, including flexible payment terms, additional financing and much more. Loan rates can vary depending on salary, length of employment and length of loan.