Real Estate in Oman: Growing Demand and Prospects for InvestorsLet's look at why the Oman real estate market is attracting attention and what advantages it offers.
Why is the demand for buying real estate in Oman growing?
- 100% ownership. Oman has simplified the rules for foreign citizens to purchase real estate. Now real estate can be purchased with full ownership and resident visas can be obtained, making the country even more attractive to investors.
- Stable economy and security. Oman is renowned for its political stability and low crime rates. It is one of the safest countries in the region, which is an important factor for those planning long-term investments or relocation.
- Favorable climate and high standard of living. Unique nature, mild climate in coastal areas and developed infrastructure make Oman an attractive place for both recreation and permanent residence.
- Tourism development. Oman's tourism sector is growing rapidly every year, thanks to investments in infrastructure and the country's international promotion. The demand for rental properties from tourists is also increasing, making residential investments even more profitable.