Reasons:
1. Rugged mountains
2. Heritage and culture
3. Unique feel
4. WEAK DOLLAR
Related read: Oman begins to attract more Europeans
Reasons:
1. Rugged mountains
2. Heritage and culture
3. Unique feel
4. WEAK DOLLAR
Related read: Oman begins to attract more Europeans
# Oman’s human development index (HDI) of 0.814 puts it just below Antigua and Barbuda (0.815) and Trinidad and Tobago (0.814).
# Oman’s life expectancy of 75 years is clubbed between Qatar (75) and Argentina (74.8), while South Africa and Lesotho have higher adult literacy than Oman.
Will this kind of ranking give the true picture?
(Cross-posted in OCB)
Extreme Hotels has inked a deal to have three properties in Oman by 2009. I’ve lost track of the number of hotels/resorts that are slated to be operational in the next 2 to 5 years in Oman. A rough estimate could be around 20-25!Cairo-based Orascom Hotels & Development said Monday the first phase of real estate offerings of its two projects in Oman was sold out after their launch Nov. 20.
OHD said its JebelSifah and Salalah Beach projects created an influx of demand from buyers and agents resulting in a total sell out at an average selling price of $2,500 per square meter for its Jebel Sifah project and $2,000 per square meter for its Salalah Beach project.
The two projects offer several hotels, residential units, marinas, golf courses, town centers in addition to all related amenities and services.
JebelSifah covers an area of 6.2 million square meters and offers more than 1,000 residential units and 2,000 hotel rooms. The first phase of the project comprised 220 residential units.
Salalah Beach spreads over an area of more than 15 million square meters and plans to offer 1,200 residential units and 1,200 hotel rooms while the first phase of the project comprised 140 units.
The Muriya group started marketing their products in mid-October this year and they officially launched the project on November 20, 2007. This means they managed to sell 360 residential units in just under a month. The word ‘sold out’ is always taken with a pinch of salt in the real estate market.
Last heard: The Wave, the once ‘sold out’ project, is still struggling to find buyers in the GCC and UK markets.