Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

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Short But, Sweet

Omagine

almost 8 years ago

Oman
Oman’s property market first opened up to foreign investors back in 2002. Since then, increasing numbers of expat residents has fuelled a property boom and by the first quarter of this year, the expat population had soared to just under 1.75m. Savvy investors should look at buying ‘off-plan’ in central areas, and then leasing their units out upon completion.

This was in an article in Business Intelligence ME

Buy them up and lease them out!