Apartments for sale in Muscat

Muscat is the ancient coastal city and the capital of Oman. This port city on the northeast coast offers you a low cost of living along with natural and cultural attractions. While it is a beating heart of civilization, history, and commerce, many people look for a good property investment opportunity in Muscat.

If you want to find apartments for sale in Muscat and need help, continue reading to learn more about this emirate real estate market.

Why do people choose Muscat apartments for investment?

Before any property investment, it is good to know the benefits that encourage people to buy a property in that special city. Here, you can read about the advantages of buying an apartment in Muscat.

Financial diversification

Muscat is the capital of Oman, a rich city trying to diversify the economy. For example, they try to use tourism as another economic source, besides oil and gas sales. So if you buy an apartment in Muscat and want to live there, you should not be worried about how to earn money.

Cost and safety benefits

Living costs for expats are passable by Middle East norms. While some two-thirds (950,000) of Muscat’s 1.5m population are from overseas, they are satisfied with living in one of the least pricey Middle Eastern cities.

Wild weekends

As a Muscat resident, there are plenty of weekend escapes for you. If you drive south, you reach the vast Rub’ al Khali desert, some 650,000 sq km of sand, and enjoy camel rides and camping. Or you can use other Oman’s natural attractions like mountains and coastlines.

Improved air travel

Another super option of Muscat is the $1.8bn Muscat International Airport, which opened lately. There is a capacity for 20m passengers annually, traveling to London, Zurich, Kuala Lumpur, and Mumbai.

What are the best neighborhoods to buy an apartment in Muscat?

Oman did not let non-Omanis buy any property in this province until 2005. Then, they tried to diversify their financial source and let investors buy property in some restricted areas. Today, if you want to buy an apartment in Muscat, you need to know some of the best areas. Here, I introduce some of the best neighborhoods that you can choose to buy an apartment for living or investment.

Al Qurum

The first option is Al Qurum, one of the better-known suburbs of Muscat, in the north of the city by the Gulf of Oman. This neighborhood is in the heart of modern Muscat, as a tourist destination. Today, you can find different facilities like shops, malls, restaurants, and parks. This place could be the best choice for families, and their children can study in international schools.

Madinat Al Sultan Qaboos

Madinat Al Sultan Qaboos is the ‘City of the Sultan Qaboos’, the recent leader of Oman. This well-known residential area, located in the middle of the Muscat Governorate. You can choose the Madinat Al Sultan Qaboos area to buy an apartment or big villas. There are different services like cuisine restaurants, supermarkets, coffee shops, clinics, and international schools, which you can use.

Al Khuwair

Al Khuwair is another unique neighborhood in Muscat with commercial and residential buildings. While you can find many shops, restaurants, cafes, clinics, and medical centers, you can find a few supermarkets and no hospitals. This area is located near Madinat Al Sultan Qaboos, very close to the beach.

Al Azaiba

The last popular neighborhood is Al Azaiba, a residential area near the beach between the Al Qurum suburb and the Muscat International Airport. This city does not have many shops or international schools, but you can find these services in neighboring cities. The apartments for sale prices are slightly expensive as it is near the beach.

Conclusion:

If you want to stay in Oman long-term, the best choice is to buy an apartment there. As you might know, the property prices in Muscat decreased by around 25 percent from 2018 to 2019, and we expect that it will continue, indicating it is the wisest decision to buy apartments for sale in Muscat until they stabilize.

If you intend to buy, we will give you all the pointers you have to know. You can always consult with our professional team in dxboffplan before making any decision.