BBK, Bahrain's leading retail and commercial bank has announced that it has signed a partnership agreement to provide mortgage loan facilities for customers who wish to own real estate and residential units in Marassi Al Bahrain, an Eagle Hills Diyar projects in Diyar Al Muharraq.
The loan provides exclusive benefits for citizens and residents of Bahrain and the GCC such as competitive interest rates, adjustable down payment options, flexible repayment periods and quick approvals.
Dr. Adel Salem, General Manager of Retail Banking at BBK, explained that the bank's customers who wish to purchase properties offered by Marassi Al Bahrain from Eagle Hills Diyar are able to apply for BBK’s exclusive financial offerings.
“The collaboration with Eagle Hills Diyar properties ensures the provision of real estate financing solutions for consumers – whether they wish to live in this unique property development or whether they are purchasing units as an investment. This project is architecturally unique and incorporates one of the finest contemporary urban facades seen in the Kingdom of Bahrain," Dr. Salem said.
“This partnership reaffirms BBK's position as the best financial partner to purchase and invest in real estate projects in Bahrain. These attractive loans demonstrate the bank's solid financial solvency and its vast experience when it comes to providing flexible, attractive and comfortable real estate loans. We consider ourselves partners to our valued customers and work with them to help them achieve their housing and investment goals,” concluded Dr. Salem.
Dr. Maher AlShaer, Managing Director of Eagle Hills Diyar, emphasized that this partnership with BBK will enable many Bahrainis wishing to own real estate and residential units in Marassi Al Bahrain, to own and live in one of the finest residential communities in the Kingdom.
Dr. Maher, praised the unified vision of BBK and Eagle Hills Diyar and highlighted the role of BBK in supporting and strengthening the real estate sector, which is growing and has recently enjoyed a qualitative leap due to the government’s recent waiving of infrastructure fees.
Marassi Al Bahrain is home to several significant projects, including; Marassi Residences, Marassi Park, Address Residences, Marassi Vista, Marassi Shores Residences, Marassi Boulevard, and the recently unveiled Marassi Terrace. Furthermore, the Marassi Al Bahrain project area will become a cultural and commercial epicenter with the forthcoming opening of “Marassi Galleria” mega-mall. The two state-of-the-art waterfront hotels; recently opened “Address Beach Resort Bahrain and “Vida Beach Resort and Residences” have already transformed Marassi Al Bahrain into a premium family vacation spot with a distinctive blend of residential and family units.