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Global Properties is a real estate aggregator that features a large number of listings with detailed descriptions, photos and up-to-date prices for apartments and flats in Dhofar. Our goal is to simplify the search and purchase of property. Use our advanced filters and sorting options to quickly find the best flats and villas in Dhofar. You can contact the seller directly by phone or through private messages for more information and to discuss the deal. Contact details for agencies and developers are provided in the listings.
- Minimum apartment prices in Dhofar: USD 213,000
- Maximum price: USD 1.3 million
- Minimum size of apartments in Dhofar: 31 m²
- Maximum size: 491 m²
Foreigners can obtain residency status by purchasing an apartment in Dhofar. The duration of the residency permit depends on the value of the property in Dhofar:
- From USD 650,000: 5 years
- From USD 1.3 million: 10 years
The property must be part of a complex approved by the Omani government.
Apartments for sale in Dhofar
Acquiring flats in Dhofar, Oman, involves a series of well-defined steps to ensure a smooth transaction process. Prospective buyers should start by engaging a reputable real estate agent who is well-versed in the local market. This agent will provide valuable insights and guide buyers through the legal and administrative procedures, including verifying property titles and ensuring compliance with Omani property laws. The area, known for its unique blend of natural beauty and modern infrastructure, offers a variety of residential options. The region boasts well-developed amenities such as schools, hospitals, shopping centres and recreational facilities, making it an attractive place for families and professionals alike.
Real estate in the area, particularly apartments, is characterized by modern architectural designs and high-quality construction standards. These properties often feature amenities such as swimming pools, gyms and secure parking, catering to the needs of contemporary urban living. The strategic location of many complexes provides easy access to major roads and public transportation, enhancing connectivity within the region.
Investing in property in this region is highly attractive due to the area's economic stability and growth potential. The local government's initiatives to boost tourism and infrastructure development have positively impacted the real estate market, making it a lucrative option for investors seeking long-term returns. Additionally, the region's favourable climate and scenic landscapes further enhance its appeal, attracting both domestic and international buyers.
In summary, purchasing an apartment in this Omani region offers a blend of modern living, robust infrastructure and promising investment opportunities. Engaging a knowledgeable real estate agent, understanding the legal framework and considering the area's amenities and growth potential are crucial steps for a successful acquisition.
Reasons for investing in an apartment in Dhofar
- High Rental Yields: Flats in Oman, including those in this area, offer attractive rental yields. Recent data shows that gross rental yields in Oman vary between 5.6% and 8.3%, making the region a lucrative option for investors seeking steady rental income;
- Growing Real Estate Market: The residential real estate market in Oman is projected to reach USD 4.38 billion by 2024, with a compound annual growth rate (CAGR) of 9.19%, reaching USD 6.80 billion by 2029. This growth indicates a robust market with increasing demand for residential properties;
- Economic Stability: Oman's economy is demonstrating signs of stability and growth, which positively impacts the real estate sector. The government's initiatives to diversify the economy and boost tourism have led to increased foreign investment and infrastructure development, further enhancing the attractiveness of the real estate market;
- Modern Infrastructure: The region boasts well-developed infrastructure, including schools, hospitals, shopping centres and recreational facilities. This comprehensive infrastructure supports a high quality of life, making flats in the area desirable for both residents and investors;
- Strategic Location: Many complexes in the region are strategically located, offering easy access to major roads and public transportation. This enhances connectivity and convenience for residents, making these properties more attractive;
- Investment Incentives: The Omani government provides various incentives to attract foreign investment in real estate. These include residency permits for property owners and favourable tax policies, which make it easier for international investors to enter the market;
- Off-Plan Opportunities: The market also offers numerous off-plan units, allowing investors to purchase properties at lower prices before completion. This can lead to significant capital appreciation once the projects are finalised;
- Tourism Growth: The region is a popular tourist destination, renowned for its scenic landscapes and pleasant climate. The expanding tourism sector boosts demand for rental properties, providing investors with a steady stream of potential tenants.
In conclusion, the option to buy a flat in Dhofar offers a compelling opportunity due to high rental yields, a growing real estate market, economic stability, modern infrastructure, a strategic location, government incentives, off-plan opportunities and a thriving tourism sector.
Buying apartments in Dhofar
Buying an apartment in this Omani region offers numerous benefits, from high rental yields to a thriving real estate market. The area's modern infrastructure and strategic location make it an attractive option for both residents and investors. The investment potential is further enhanced by economic stability and government incentives, making it a wise choice for those looking to invest in real estate.
Global Properties simplifies the process of finding an apartment for sale in Dhofar by providing a user-friendly platform that aggregates property listings from across the country. Whether you’re looking for a modern unit in a bustling city or a serene coastal property, Global Properties offers a comprehensive selection to suit your needs. The platform's advanced search features and detailed property descriptions make it easy to find the perfect home.