important information about Oman and Real Estate Oman

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Salalahs first major mall opens
United Real Estate Company (URC), one of the MENA
regions leading real-estate developers, has
officially opened its latest commercial and
hospitality development in Oman, Salalah Gardens
Mall and Salalah Gardens Residences, in the
subtropical city of Salalah. The project was
inaugurated by Sayyid Mohammed bin Sultan al
Busaidi, Minister of State and Governor of
Dhofar, along with Ahmed bin Nasser bin Hamad al
Mahrizi, the Minister of Tourism, and Tariq
Mohammed AbdulSalam, Chairman of the URC. Omani
officials, URCs CEO Mohammed Ahmed al Saqqaf,
URC Board of Directors and the URC Executive
Management Team along with other dignitaries were
among others present on the occasion. For Real
Estate consulting contact Better Homes Real
Estate Properties Rentals in Oman
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Oman ITCs Prices Up for 2014

• Omans property market is now gaining momentum,
  especially within Integrated Tourism Complexes
  (ITCs). "After several challenging years
  following the impacts of the global financial
  crisis, there is evidence of growing strength and
  confidence in the ITC residential sector which is
  translating into a significant increase in
  developments," says Cluttons.
• ITC developments such as The Wave and Muscat
  Hills, allow non-GCC citizens to buy freehold
  properties in the country. ITC prices fell during
  2009.  ITC properties are now in demand due to
  their superior design, setting and facilities.
• "The increased interest from potential purchasers
  in the secondary market at Integrated Tourism
  Complex (ITC) developments has started to
  translate into transactions (in the first quarter
  of 2013).
• For Real Estate consulting contact Better Homes
  Real Estate Properties Muscat Apartment rentals
  in Oman

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businesses urge government to review visa ban

• Oman Chamber of Commerce and Industry (OCCI) has
  asked the manpower ministry to cut the period of
  visa ban on cleaners and construction workers,
  saying that the decision will discourage small
  and medium enterprises (SMEs), Muscat Daily has
  reported. The ban is going to affect SMEs.
• For Real Estate consulting contact Better Homes
  Real Estate Properties Muscat Apartment rentals
  in Oman

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Real Estate Brokerage

• The definition of real estate brokerage under
  Omani law is sufficiently wide to encompass any
  activities relating to dealing in real estate
  property of any type for a fee.In addition to
  the conventional scope of acting as the
  intermediary for facilitating property
  transactions between two parties, real estate
  brokerage business could span a whole gamut of
  services such as the following
• Facilitating property sale or purchase
• Property leasing
• Property appraisal
• Property management
• Real estate marketing
• Property inspection
• Relocation services
• Property development
• Each service could further focus on a particular
  type of real estate, such as, residential,
  commercial, or industrial property.
•  
• For Real Estate consulting contact Better Homes
  Real Estate Properties Muscat Apartment rentals
  in Oman
•  

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Guess who are the biggest buyers of Omani real
estate?

• UAE nationals were the biggest beneficiaries of
  property deeds handed out by Omans Ministry of
  Housing during 2012, underscoring the growing
  attraction of Omani real estate for Emiratis.
• According to statistics released by the Housing
  Ministry on Wednesday, a third of all the
  properties bought by GCC nationals were
  concentrated in the Batinah North Governorate,
  one of the fastest growing regions of the country
  which also hosts the Sohar Industrial Port and
  Free Zone.
• For Real Estate consulting contact Better Homes
  Real Estate Properties Muscat Rentals in Oman

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OMR1.5bn real estate deals

• The data released by the Ministry of Housing
  shows that the total number of planned land uses
  in 2012 stood at 58,609 plots in all governorates
  of the Sultanate and the distributed plots stood
  at 38,768, according to the indicators released
  by the sectors of urban planning, land
  distribution, real estate register and social
  housing, which find place in the ministry's
  yearbook 2012. The number of real estate
  transactions stood at 120,081 with financial
  value amounted to RO 1,716,268, constituting an
  increase 45 per cent compared with 2011. The
  financial charges amounted to RO 25,075 and the
  number of land plots registered for the first
  time stood at 100,198. The number of deeds issued
  at 207,204 in various governorates, whereas the
  number of deeds for GCC nationals stood at 3,376.
• For Real Estate consulting contact Better Homes
  Real Estate Properties Muscat Rentals in Oman
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