H.E. Eng. Basim Yacob Al Hamer, Minister of Housing attended the launch of Alsidra show villas, the residential project located at Diyar Al Muharraq developed by Bin Faqeeh Real Estate Investment Company S.P.C.
In a special event held at the project premises, H.E. The Minister of Housing, accompanied by Mr. Faisal Faqeeh, Chairman of Bin Faqeeh Real Estate Investment Company S.P.C., toured and experienced the show villas.
Alsidra is an impressive gated luxury villa community located at Diyar Al Muharraq offering its residents an opportunity to adopt a lavish and luxurious lifestyle with villas boasting spacious living rooms as well as serene and beautiful gardens. It includes 452 villas of varying designs and capacities. The first phase includes 88 villas and it is expected to be delivered this year. 4 fully furnished villas were launched on Tuesday, March 12th 2019.
Commenting on this occasion, Mr. Faisal Faqeeh, Chairman of Bin Faqeeh Real Estate Development Company S.P.C. said, “At the outset, we would like to extend our thanks and appreciation to H.E. Eng. Basim Yacob Al Hamer, Minister of Housing for inaugurating the show villas of Alsidra residential project. Bin Faqeeh is keen to achieve the partnership between the private sector and the government in providing high quality housing solutions at reasonable prices.”
“Alsidra offers its residents the opportunity to live in the house of their dream and enjoy a natural feeling of belonging. It is located amidst main shopping and leisure attractions. The project offers a variety of residential options, and we have created a range of urban designs to help our customers choose their preferred design. Also, they can get suitable finance from Bahrain Islamic Bank (BisB).”
“The show villas will provide potential customers a closer look into the distinct designs of these villas. Our sales team will be present to provide customers with detailed information about the project, prices, sizes, designs and the best finance options.”
Bin Faqeeh Real Estate Investment Company S.P.C. is at the final stages of receiving their developer’s license with RERA for the Alsidra project which will enable them to begin selling.
Bahraini customers wishing to purchase villas in Alsidra project are advised to visit Bahrain Islamic Bank to obtain a mortgage financing scheme. It offers a 5% reduction in the first installment rate, in addition to a financing period of up to 25 years. Non-Bahrainis will also be eligible to apply under a different financing scheme.
Alsidra offers diversified and vibrant lifestyles. It provides 2 BR, 3 BR, 4 BR and 5 BR villas that draw the perfect home for families of all sizes. The villas are either modern or a modern version of traditional designs. Alsidra presents a unique concept of blending regional Bahraini, Moroccan, Modern (two types) and Contemporary designs that offer a plethora of choice to interested buyers to opt for a villa design closer to their vision of their dream home. Each of these designs was given a unique name, Muharraq, Mohammedia, Milano, Genoa and Oslo. Each villa comes equipped with a garage that has the space for two vehicles, maid’s quarter and a laundry room. Certain signature villas are fitted with a personal swimming pool. The project offers its residents an opportunity to adopt a lavish and luxurious lifestyle with villas with spacious living rooms as well as serene and beautiful gardens.
All are welcome and invited to visit the show villas to take a closer look into the project and learn about its features and designs. The sales team will be available on site during weekdays from 9 am to 5 pm. For additional details, please call 38000002.