The website features more than 685 current listings. Users can find and purchase property for sale in Oman directly from developers and reliable agencies. To select the optimal option, use the convenient search form, filtering system, and sorting to rank results by key parameters. After choosing a suitable property, contact the seller via phone or direct messages to discuss transaction terms. Contact details are provided on each listing page.
Foreigners can purchase villas, townhouses, and apartments in Oman in specially designated areas known as Integrated Tourism Complexes (ITCs) and gain full ownership rights.
Property prices in Oman start at OMR 9,500 ($ 23066).
The maximum price is OMR 10 million ($26 million).
The average price is OMR 1,300 ($3,300).
- Muscat: The capital and largest city of the country. Its job market offers opportunities in the public sector, oil industry, tourism, and finance. The properties in Muscat include everything from small apartments to spacious villas and premium penthouses. Popular districts include Al Khuwayr, Al Ghubrah, Madinat Sultan Qaboos, as well as ITC projects like The Wave (Al Mouj) and Muscat Hills.
- Salalah: A city in the south with a subtropical climate. It is an attractive option for those who prefer a more relaxed lifestyle. The area has a strong tourism focus.
- Barka: A city in the Al Batinah region, gaining popularity due to the construction of the new ITC complex Al Nakheel, shopping centers, and roads. Renting or buying property here is often more affordable.
- Qurum: A prestigious district in Muscat along the coastline. It is close to business districts, numerous embassies, international schools, and shopping centers.
Foreigners can obtain a residence permit for 5 or 10 years by purchasing apartments or villas in Oman for at least OMR 250,000 ($650,000) and OMR 500,000 ($1.3 million), respectively.
Annual returns range from 5.6% to 8.3% for apartments and 6% to 9% for houses and villas. The absence of income and capital gains taxes with a moderate 3% property transfer fee significantly reduces costs and increases net profit. The stability of the Omani rial is also an important factor in minimizing risks related to currency fluctuations.
Property in Oman for investment generates profits, with earnings depending on the type of residential property:
- Apartments: Annual yields range from 5.6% to 8.3%. An apartment worth OMR 100,000 can generate OMR 5,600 to 8,300 ($14,500–$21,500) per year.
- Houses: Annual yields range from 6% to 9%. A house worth OMR 150,000 can generate from OMR 9,000 to 13,500 ($23,400–$35,000) per year.
Properties in Oman
Buyers prefer homes and apartments with open layouts. Spacious living rooms, separate bedrooms for each family member, and guest areas are key features. Gardens, balconies, large terraces, and courtyards are also highly valued. Modern amenities often include a swimming pool, Jacuzzi, fitness centers, spa facilities, and children's playgrounds.
During construction, special attention is paid to insulation and ventilation to reduce air conditioning costs and ensure comfortable living in the hot climate. New developments increasingly incorporate modern technologies and eco-friendly materials, making them aesthetically appealing and durable.
Buildings are painted in light colors, roofs are covered with heat-reflecting materials, and thick stone walls are used to reduce heat absorption. Floors are typically made of marble or ceramic tiles, which helps keep indoor temperatures cool. Courtyards are decorated with plants and fountains to create a comfortable microclimate.
Advantages of investment in real estate in Oman
The high demand for housing, especially luxury waterfront residences, is driving market growth. A 3.7% annual increase is projected until 2029, with the market reaching $358 billion. This growth is supported by government programs aimed at attracting foreign investments, major infrastructure funding, and political stability. Favorable conditions like low interest rates and tax incentives also contribute to positive market dynamics.
The Greater Muscat Structure Plan 2040 significantly impacts investment flows into the housing sector, particularly in the capital region. This project focuses on sustainable development and infrastructure modernization, making the area more attractive for businesses. Key aspects include:
- New road construction and optimization of public transport.
- Expansion of residential zones and development of multifunctional complexes.
- Integration of eco-friendly practices and technologies in urban planning.
- Enhancement of commercial infrastructure.
- Attracting foreign investments.
Find and buy property in Oman
The Middle-East.Realestate website features an up-to-date listings database, allowing users to easily search for desirable properties. The catalog is updated daily, and all information is manually verified. Adjust search parameters and use the filtering system to find properties based on size, number of rooms, location, and other characteristics. Use the integrated currency converter to calculate prices in OMR, USD, and EUR. Start your property search today and explore the benefits of our website!