UAE – Mubasher: Marjan Properties is showcasing attractive investment opportunities in Ras Al Khaimah at Europe’s largest real estate and investment trade fair, Expo Real, according to a company statement released on Tuesday.
Held at Germany’s Messe Munich Exhibition Centre, Expo Real brings together industry stakeholders from across the world and high net worth investors who are keen on exploring property investment opportunities globally.
“Expo Real serves as a gateway to investors from Europe, who are increasingly focused on global investments that assure long-term returns,” Marjan’s CEO Abdulla Al Abdouli said.
Marjan Properties will showcase various opportunities offed to investors at Ras Al Khaimah, in addition to its flagship mega-development Al Marjan Island.
Ras Al Khaimah offers 20% to 25% lower development cost and 15.8% return on investment on hospitality and 20% to 30% on residential projects.
Investors will also capitalise on a group of benefits offered by Marjan including 100% foreign ownership and 100% repatriation of capital & profits within its destinations.
“The value-add that our developments – as well as the business environment of Ras Al Khaimah offers – is among the best in the region, especially for hotel developers and operators and real estate developers,” Al Abdouli commented.
Al Marjan Island comprises over 1,600 operational five-star hotel keys, including Rixos Hotels, Hilton Hotels & Resorts, and Accor Hotels brands, along with more than 2,000 residential units.
