Riffa Views takes to the road with Gold Sponsorship of the Kuwait International Property Show
2 April 2008
Riffa Views announced its Gold Sponsorship of Kuwait’s biggest annual property, investment and financial event, the Kuwait International Property Show. During the event to be held from April 14 – 18, the Bahrain-based developer will showcase its project to Kuwaiti nationals, demonstrating the attractive lifestyle options and investment potential at Bahrain’s most distinguished residential address.
Bahrain’s positioning as a regional financial hub has boosted its already excellent reputation for investment opportunities and its economic strength. The kingdom has become an attractive proposition for Kuwaiti investors who wish to purchase either for investment or as a second or holiday home within comfortable reach of the business, tourism and leisure facilities available in the Region. Property investment becomes even more relevant considering the close ties which link Kuwait and Bahrain.
Richard Browning, Riffa Views CEO, commented: “Riffa Views’ participation at this year’s Kuwait International Property Show will offer Kuwaiti nationals a first-hand opportunity to view all aspects of our development which is proving to be among the region’s top property choices for those considering a home in Bahrain. In various segments of the project some of our early buyers have already seen more than a 40 percent increase on their investment, and there are expectations of this increasing to 100 percent by the project completion in mid 2009.”
Mr. Browning added: “Riffa Views offers a valuable real estate investment opportunity, appealing to both local and international investors who wish to live in an idyllic setting, while obtaining significant and sustainable returns on their investment”.
Hugh O’Shea, Sales and Marketing Director, Riffa Views, added: “Our decision to be the Gold Sponsor of this high-profile show was based on our knowledge of the healthy interest in our project from the Kuwaiti market, as we have already sold a significant 12 per cent of our homes to Kuwaitis. We believe the Kuwait International Property Show is the ideal platform to increase this number. We only have 25 per cent of properties left available; however, there are still some magnificent returns to be made.”
The Riffa Views Signature Estates, Lagoons, Oasis and Park, are designed around the concepts of luxury and harmony, with two of the three Signature Estates overlooking an 18-hole championship golf course designed by golf great, Colin Montgomerie. The glamour and flair of the project is further enhanced by the expertise of Signatory personalities including tennis legend Boris Becker and celebrity gardener, Chris Beardshaw. Both will add their individual styles to the project’s tennis facility and landscaping respectively.
To date over 750 properties have been sold, a figure which reflects the buyers’ appetite to experience and enjoy the luxury lifestyle. The first delivery of villas takes place in June 2008, while the US$ 750 million project is due for overall completion by mid-2009.
