£60m scheme launched in Bahrain

Country:  Bahrain

27 May 2009

The impressive £60m freehold development Le Reef has been officially launched in Bahrain by Ahad Holdings.

Le Reef's East and West Towers at the Reef Island reflects an exclusive world-class development in a gated community, according to Ahad Holdings chief executive officer Hamid Nishat.

“Ahad Holdings is venturing into property development industry with Le Reef - an exquisite world class development,” he said.

“Potential buyers and investors can witness the constructed phases of the development, which will create a confidence in the project and secure the end user and investor.

“We commit to delivering a highly prestigious residential address in the Reef Island.”

Mohammed Younis Shafi, the director of property firm Landmark Bahrain, the sales and marketing agent for Le Reef, said: “We are honoured to be associated with the impressive developers and involved with this prestigious project which has an intrinsic appeal in itself.”

“Attractive payment plan, buyback warranty, pre-approved mortgage finance are the benefits which can be availed by potential buyers,” he added.

Le Reef, which is located directly by the sea in a gated community with abundant amenities, will feature two low-rise towers of 10-storey each, with 142 residential apartments and two exclusive penthouses.

Additionally, there will be a wide array of amenities provided including a five-star hotel, marina and yacht club, an aquarium, a well-care centre, shopping mall and multi-function exhibition centre.

See Also:   Bahrain