First Bahrain reveals El Mercado Village residential villas

Bahrain El Mercado Village

Real estate developer, First Bahrain, has launched the sale of El Mercado Village residential villas, a new complex located adjacent to El Mercado Janabiya.

Situated north of the Sheikh Isa Bin Salman Highway, El Mercado Village offers direct access to the Saudi Arabia causeway and an easy commute to and from Manama.

Covering an area of 150,000 square feet, El Mercado Village features 42 premium villas and townhouses with spacious living areas, premium master suites, rooftop gardens, and provisions for smart home technology.

Amin Al Arrayed, CEO of First Bahrain, said: “We are delighted to introduce our customers to a number of unique concepts as we seek to add value to the immediate neighborhood and the surrounding area.”

“We are confident that our partnership with Cluttons will result in significant interest from potential homebuyers and investors, who will benefit from competitive prices at El Mercado Village, given that villas prices start from BD177,000 ($468,081),” he added.

International real estate consultancy Cluttons has been chosen as the exclusive partner to market and sell the project, which is due for completion and delivery by May 2018.

Harry Goodson-Wickes, the head of Bahrain at Cluttons said: “We are delighted to be partnering with First Bahrain as it is our introductory project since receiving a sales license in Bahrain, and will enable us to expand business in the region while servicing our customers with excellence.”

“Currently 95 percent complete, we expect the project’s strategic placement and best-in-class interiors to generate strong interest ahead of the fast-approaching completion date,” he stated.