99% of what you need to know before buying real estate in Oman

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THE OMANI PROPERTY MARKET IN 2024

If you're thinking about buying property in the Sultanate of Oman, there are a few things you should know about the market.

Skip the lengthy 100-page reports filled with complex words, old info, and unsupported opinions. This document is different. Data is fresh and presented in easy words, useful graphs, and engaging charts.

After just 20 minutes of reading, you'll know more than 95% of people considering property investment in Oman.

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PRICES, RENTS AND YIELDS IN OMAN IN 2024

How much for a flat in Muscat? What are the property yield trends in Oman? What's the average rent?

This report will give you solid answers, using data sourced from our analysis of over 1,300 properties that have been available on the market. Then, you will know what you can expect when you're hunting for properties.

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ANALYSIS - IS NOW A GOOD TIME TO BUY?

Wondering about property in Oman? Some sources might recommend it, but Omani friends might offer different suggestions. Remember, opinions are personal and may not always be well-founded.

In this document, we take the last notable trends in Oman (prices, yields, inflation, political climate, investor confidence, etc.) and tell you what they mean. Then, you can decide to go ahead or not.

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ANATOMY OF A GOOD / BAD PROPERTY DEAL

Did you check out a property you're thinking of buying? Not sure if it will make a good investment? Well, it's actually not too hard to determine.

Investments that end up going wrong in Oman tend to have similar features. However, by looking closely at specific factors, we can confidently judge whether an investment is likely to fail or succeed. Curious about what factors to consider? This document covers everything you need to know.

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THE FULL BUYING PROCESS, STEP BY STEP

Do you need a notary or a lawyer? When do we give the deposit in Oman? How do you ensure proper property ownership? Are there any particularly error-prone stages?

From the start of your property search to the moment you obtain the keys of your property, this document will be your go-to guide. Use it frequently to double-check every important aspect to ensure nothing is overlooked and that everything is progressing as it should.

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23 CONTACTS TO BUY A PROPERTY IN OMAN

The right people can make you save time and money. With that in mind, we've compiled a complete list of contacts you'll find indispensable while buying property in Oman. From A to Z, we've got you covered.

Inside this document, you'll have access to: Omani real estate agents, property listing websites, Omani real estate lawyers, property insurance agents, property managers, moving companies, and even expat communities in Oman.

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WHAT YOU NEED TO CHECK BEFORE BUYING

Neglecting 'عقارات الملكية,' misunderstanding 'رسوم التحويل,' and not verifying 'سجل الأراضي'... buyers commonly face the same pitfalls in the Omani property market.

Without knowing the legal and cultural landscape well, it's easy to fall into common traps that have led many to regrettable financial outcomes. Don't be another one.

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ALL THE DOCUMENTS AND WHAT THEY MEAN

Can you explain the process of obtaining a 'Title Deed' in Oman? What is the role of the 'Ministry of Housing' in property matters? Do you know about 'Tawtheeq' system?

Our team has reviewed all the documents you'll encounter when dealing with property – whether you're buying, renting, selling, or living in one. Each document is explained briefly: its purpose, when to use it, who provides it, and key things to be cautious about.

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WHERE AND HOW TO GET A MORTGAGE AS A FOREIGNER

If you're seeking financing options in Oman, this guide will prove to be highly valuable.

We have gathered all the information you need to apply for a mortgage with banks in Oman. This includes details on eligible banks, step-by-step guidance for the entire process, and helpful tips to increase your chances of getting approved. We also highlight common mistakes to avoid.

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HOW TO RENT OUT QUICKLY

To quickly lease your property in Oman, learn about their local customs for renting.

You might not know where to find tenants fast, how to set the right rent, or what to put in the rental agreement.

Here are some useful tips, with insider knowledge, that will help you save time and money.

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FOCUS ON MUSCAT

If the blend of traditional souks and modern luxury resonates with you, savoring Omani dishes is a delight, and you appreciate a mix of Middle Eastern charm, historic forts, and a connection to the Arabian Peninsula, Muscat is for you.

This report offers solid facts and data about this place: neighborhood analysis, yields, rentals, budget-based options, market strategies, and pitfalls.