Bareq Al-Retaj Real Estate Services Company, the leading real estate developer in the Kingdom since 2011, announced that it has a portfolio of Extensive and distinguished projects in various governorates of the Kingdom, the completion of the delivery of all units of the first phase of the project “Riffa Valley” residential, which includes 29 distinct residential villas for their owners of the honorable citizens with Taking all preventive measures recommended by the national team to tackle the Corona virus (COVID-19). And that is after connecting all basic services and infrastructure. Infrastructure works include paving roads, extending the water and electricity network, lighting poles, and others. The villas of the first phase in the “Wadi Riffa” project were designed to combine the splendor of design and the quality of construction And the appropriate cost for Bahraini families, as the villas of the project in its stages will contribute to enabling many Bahraini families to Own comfortable residences in a safe and sustainable surrounding environment. The company is expected to put the second phase of the project up for sale, and it will consist of 97 connected and semi-residential villas Connected in the next year 2022 AD, provided that all construction works are completed and basic services are delivered Its units will be ready for delivery within 12 months.
Mamoun Mohamed, Chief Commercial Officer of the company, said: “The completion of the delivery of the phase units The first indicates the company’s keenness and commitment to implement projects in a specific period of time according to the timetable set for each project
He added, “These projects are directed primarily at the “Mazaya” social housing financing program, which was launched Agreement on it with the Ministry of Housing and the Housing Bank in the Kingdom of Bahrain. We are fully aware of what it means for eligible citizens to get their housing units on time, why Therefore, it has a great impact on the stability of the Bahraini family by obtaining a suitable and decent housing.”
Mr. Mamoun said: The company has recently launched sales of the Wadi Riffa Residential Plot Scheme, which is located Adjacent to the recently delivered villas project to be an option for citizens who want to build their housing units specifications required by the needs of their generous families. The scheme provides 61 housing vouchers with classification (GO OUT) with spaces ranging from 300 square meters to 1434 square meters at a square foot price starting from 27 Bahraini Dinars only.
It is worth noting that the first phase, all of which were delivered last June, includes: 29 connected villas, each built on a plot of land ranging from 180 to 233 square meters The construction for each villa is approximately 235 square meters, and each housing unit includes three rooms A master bedroom and a large sitting room, in addition to the family hall, a dining hall, an external kitchen, and an attached maid’s room A bathroom, a laundry room and a parking lot for two cars, all carefully designed by the company to be suitable for the needs of Bahraini families modern.