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Impact wins Bahrain tower management deal

MANAMA, November 28, 2015

Bahrain-based real estate firm Impact Estate said it has been commissioned by leading developer Burooj Real Estate to manage the sales of its new residential project - Ivory Tower.

It is located off Prince Khalifa Bin Salman Causeway with only five minutes’ walk to Al Raya Mall with its entertainment venues, shops, Alosra supermarket, children's recreation areas, and food outlets.

With an unbeatable location in a bustling and sought-after Juffair area this 29-storey building is set
to create a new level of comfort and luxury.

Ergonomically designed one- and two-bedroom apartments feature fully equipped kitchens and balconies to enjoy sea and city views, said the award-winning real state firm.

Sized from 72 to 105 sq m apartments are available in semi-furnished or fully furnished options. Outstanding facilities with saunas, gym, swimming pool and more amenities are available for the tenants and home owners to indulge.

The designs have been created by a team of Impact Interiors, a renowned group in Bahrain.  
"Sharing Ivory Tower’s vision of keeping the global citizen in mind while designing the superb flats,
we strived to create interiors that radiate excellence and design-continuity throughout the project," stated Dr Rima Abutteen, the founder of Interiors.  

"Focusing on light tones with intricate levels of detail, the resulting designs delivered a calm and
relaxing environment that represents the ultimate in modern living," she said, explaining the inspiration and the thinking behind the design philosophy of the project.

Ivory Tower is the latest project of Burooj Real Estate. The developer had earlier completed few
freehold residential and commercial projects in Bahrain including Euro Tower, Euro Plaza, Sun City.

With high quality construction and affordable prices, Burooj Real Estate offers unique opportunities for property investors.

According to Impact, the project is likely to be completed in 2017, and its 88 apartments are available for sale off plan.

The selling price starts from BD43,920 ($115,561) and there is a flexible payment schedule along with property management packages “buy to let” available for the investors.

Lauding the project, Oksana AK, the general manager of Impact Estate, said: "We are excited to carry out the sale of apartments at Ivory Tower. With the increasing demand for freehold developments in Juffair, we are witnessing an interest from the investors."

"We can forecast annual returns between 8 to 10 per cent for investors of Ivory Tower," she added.-TradeArabia News Service




Tags: Bahrain | tower | management | impact | freehold |

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