Riffa Views, a $300 million luxury villa and housing project in Bahrain, has secured a freehold agreement paving the way for the expatriate community to purchase homes in the stunning new property development and gain residency rights in Bahrain.
The development’s Managing Director, Yasser A. Abdullah, said the legislation is part of a commitment to ensure that the 900-home real-estate development is established as a multinational community on par with the most stringent international standards and expectations.
The project, a joint venture between Bahrain-based Arcapita Bank (60 per cent) and Bahrain International Golf Course Company (40 per cent), is considered one of the unique urban-development projects in Bahrain aimed at developing a world-class residential community for Bahraini, GCC and expatriates at one of the prime locations with facilities like school, leisure, security and other basic amenities as part of Riffa Views. He said: “Bahrain is renowned for its tradition of hospitality to people of all nationalities which has resulted in a multicultural society the Kingdom enjoys.
