Bahrain’s Committee for Stalled Real Estate Projects has announced that Amwaj Gateway project will be auctioned publicly and will be open to local and international buyers later this year.
Cluttons, the leading international real estate consultant, and Mazad B.S.C. (c), the Bahrain-based public auction specialist have been appointed by the committee to manage and organize the entire auction.
It is worth mentioning that the committee took such decision after consuming all the possibilities to reach a cordial settlement.
According to Harry Goodson-Wickes, head of Cluttons Bahrain; the project is expected to receive a lot of interest from prospective buyers due to its strategic location and benefits offered to residents.
Amwaj Gateway is a mixed-use development of a 20-storeys twin tower that comprises of 384 apartments in addition to a two-storey building that encompasses 93 townhouses as well as 143 rooms hotel building.