Dar Al Arkan moves actively to spread Saudi Arabian brands overseas and start works on Sidra, project in Bosnia
PR88532
Dar Al Arkan moves actively to spread Saudi Arabian brands overseas and start works on Sidra, the first of its kind vacation and 2nd homes project in Bosnia
RIYADH, Saudi Arabia, March 16, 2021, /PRNewswire=KYODO JBN/--
A SR500,000,000 project, the biggest real estate project in the history of
Bosnia.
Dar Al Arkan, the leading real estate development company in Saudi Arabia, has
released its SR500,000,000 new luxury vacation and housing development in
Bosnia for sale. The project offers the opportunity to own a second home in a
haven of peace and tranquility within the heart of Europe and is rapidly
becoming the top destination for investment and vacations.
Work will begin on site this summer with the infrastructure and clubhouse with
completion planned within 36 months. Potential buyers will be invited to select
their preferred site and choose their model of villa from a range of options.
Named Sidra, meaning life among the forests, the 500,000 sqm development will
be surrounded by 20,000 native trees and is the largest single real estate
project in Bosnia. It will offer a gated community of high-specifications
villas designed for modern living, in an area classified as one of the
healthiest and cleanest in the Balkans.
Mr. Yousef Bin Abdullah Al Shalash, Chairman of Dar Al Arkan said, "we are
proud that Saudi local brands can go overseas and compete effectively and
spread the name of Saudi Arabia. After launching our project in Dubai, we are
now expanding into Bosnia which presents a golden opportunity to purchase a
piece of prime real estate in a highly desirable European destination and we
believe it will attract Bosnian, Saudi and international investors. We are
delighted to collaborate with local Bosnian architects, consultants and
contractors on this project. We also applaud the swift government granting of
licenses to start the project, which also demonstrates Bosnia's desire to
attract foreign investors."
Emir Ferovic, Director of Operations of Real Engineering & Consulting company,
who is managing the design and execution of the project, added, "Bosnia is a
cultural destination which combines history, a Mediterranean climate and a
stunning natural environment with excellent links to the rest of Europe. It is
rapidly growing in popularity and this development provides the perfect
investment for those wishing to be part of the country's developing luxury
tourism and hospitality sector."
He added "Sidra will be a wonderful sanctuary for those wishing to relax within
a private, gated community surrounded by luxury facilities and services."
The development will incorporate contemporary villas inspired by local
architecture and feature stylish interiors that harmoniously blend with the
spectacular views. Facilities on-site will include a clubhouse, café,
supermarket, gym, spa, children's playground and a 5-star boutique hotel.
Photo - https://mma.prnewswire.com/media/1457294/Dar_Al_Arkan_Bosnia.jpg
SOURCE: Dar Al Arkan
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