The website offers convenient tools for selecting suitable apartments in Muscat for investment and living. The aggregator features over 173 current listings. To quickly find the best option among the many properties available, follow these steps:
- Apply filters based on key criteria such as location and number of rooms.
- Use the sorting function to reduce search time.
- Select several suitable options.
- Contact the seller directly using the details provided on the listing page.
- Discuss the next steps and terms of the deal with the seller.
The minimum price is OMR 33,250 ($72723).
The highest of apartment prices in Muscat is OMR 1 million ($2.6 million).
Apartments and villas in Muscat are most in demand in the following areas:
- The Wave (Al Mouj): A prestigious ITC (Integrated Tourism Complex) on the seafront with modern infrastructure, a marina, shops, restaurants, and beaches. It is the most sought-after place for expatriates.
- Muscat Hills: An integrated resort area featuring an exclusive golf club and luxurious villas. It offers a private atmosphere, making it ideal for families.
- Al Khuwayr: A vibrant district with numerous cultural, educational, and entertainment facilities. It is home to some of the city's main attractions, such as the Said Bin Taimur Mosque.
- Al Ghubrah: An upscale district with Ghubrah Beach Park, a palm-lined promenade, barbecue and picnic areas, and children's play areas. It is located 15-20 minutes from the International Airport.
- Madinat Sultan Qaboos (MSQ): A prestigious and highly desirable green neighborhood known for its peaceful atmosphere, convenient location, and high-quality housing. MSQ is well connected to major highways, providing easy access to other districts.
Yes, foreign citizens can obtain a residence permit when purchasing apartments in Oman within Integrated Tourism Complexes (ITCs). To qualify for residency, the following financial conditions must be met:
- A 10-year residence permit is granted for purchases of properties in Muscat of at least OMR 500,000 ($1.3 million).
- A 5-year residence permit is issued for investments of OMR 250,000 ($650,000).
A residence permit offers the following benefits:
- Access to medical services in both public and private clinics.
- The ability to open bank accounts and obtain loans.
- The opportunity to enroll in local schools and universities.
- The right to work in the country and engage in business activities.
Apartments for sale in Muscat
Foreign buyers can purchase flats in Muscat's modern residential developments along the coast or in the city center. Available investment options include studios, 1- to 4-bedroom apartments, and luxury penthouses on the top floors. Key features of these residential properties include:
- Open-plan living areas
- Kitchens equipped with built-in appliances
- Built-in wardrobes
- Balcony or terrace
- Central air conditioning
- Central heating
- Bedrooms with en-suite bathrooms
Some layouts may include walk-in closets, laundry rooms, and guest restrooms. Many properties come with basic finishes and are often unfurnished. Additionally, ITC locations offer the following amenities:
- Shared gym
- Shared swimming pool
- Landscaped green parks
- Banks and medical centers
- Kindergartens and playgrounds
- Restaurants and cafés
- Spa services
- Covered parking
- 24/7 security
Nearby, you'll find various retail outlets, including boutiques, supermarkets, and specialty stores, ensuring convenient shopping and access to a wide range of goods.
Advantages of investment in apartment in Muscat
Prices of flats for sale in Muscat have shown steady growth. The country's property market is expected to expand by 3.7% annually from 2024 to 2029. The residential sector, in particular, is projected to develop due to increasing demand for affordable housing and interest in Integrated Tourism Complexes. The average annual rental yield ranges from 5.6% to 8.3%.
Government programs aimed at economic diversification are expected to drive a significant increase in tourism. Authorities are heavily investing in the tourism sector, aiming to increase its contribution to GDP to 10% by 2040, which may stimulate demand for short-term rentals.
The attractiveness of real estate investments is further strengthened by:
- The absence of personal income tax
- No capital gains tax
- A moderate 3% property transfer fee
Find and buy apartment in Muscat
Using the aggregator, users can find the best apartment options and access detailed information on all factors influencing pricing. Real estate here can be selected based on individual preferences such as location, number of bedrooms, and other characteristics. An integrated currency converter allows prices to be displayed in multiple currencies.