Thinking of making Oman your next house or investment destination, you want to buy property in Oman to know the market, laws and procedures, as well as personal life, safe residence, or investment. Alwala real estate, a reliable and experienced property agency, helps buyers easily navigate the process, provides guidance, offers safe deals, and provides access to the best listings, from modern apartments to luxury homes in Oman.
Why invest in Omani Real Estate?
Oman provides a unique combination of tax-free ownership, political stability and a growing tourism industry. Property can be purchased by foreigners in integrated tourism complexes (ITCs) approved by the government, making it a rare and attractive investment in the Gulf. With high fare yields and increasing demand for holiday homes, property sales in Oman are an attractive opportunity for both long-term investors and lifestyle buyers.
Can you become a resident in Oman by investing in real estate?
Yes, Oman’s investment gives a residency program:
5-year accommodation for investments starting at 250,000
10 years of residence for investments starting from OMR 500,000
The purchase must be in a valid ITC and registered under your name. El Walla Oman provides complete assistance with both the purchase process and the residency application.
How do you see the real estate market in Oman?
The market is experiencing constant growth, with Muscat, Yiti and the Mouj leading the way.
The apartments start from around OMR 50,000
Luxury villas in Oman often range from OMR more than 200,000
The developments in front of the sea and ecological aspects as a sustainable Yiti City are seeing a growing demand.
What are the best places to invest in real estate in Oman?
Top areas for foreign buyers include:
- Al Mauj Muscat – Marina Living, Golf Course Views
- Muscat Bay – Exclusive Beachfront Property
- Yiti Sustainable City-Luxury House
- Jebel Sifah – Lifestyle Resort with Golf and Beach Access
Life and cultural prosperity
Oman is known for its safety, scenic landscapes and cultural heritage. Residents enjoy:
- Low crime rate
- Clean, organized cities
- Rich traditions and hospitality
- Modern facilities with a peaceful lifestyle
What are the risks when buying a property in Oman?
While the process is transparent, risks include:
- Buying in non-ITC areas (foreigners cannot be themselves)
- Unacceptable developers or incomplete projects
- Off-plan units overpriced without rental ability
Tip: Always work with licensed agents like AlWala to avoid issues.
What are the documents required for a real estate transaction in Oman?
To complete your shopping, you will usually need:
- valid passport
- proof of funds
- Signed purchase agreement
- Government application form
- Residence Visa application (if eligible)
FAQ’s
Can foreigners buy property in Oman?
Yes, but only in ITCs like Al Mauj, Muscat Bay, and Yiti.
Is it safe to buy a luxury house in Oman?
Yes-Nam’s property laws are favorable to investors, especially when purchasing through reliable agencies.
What is the process of purchasing property in Oman?
Choose your property, sign the procurement agreement, pay the deposit, get approval, register with the Ministry of Housing, and get your title deed.
Are there taxes on property sales in Oman?
No property tax, but 3% registration fee and an annual maintenance fee are expected.
Can I get funding to buy property in Oman?
Yes, through Omani banks and developer payment schemes, although expats may face more down payment requirements.
Is now a good time to invest?
Yes, Current market stability, growing demand, and new development make it an ideal time to enter.
UFC gym Building, Shihab Building, Al Mauj St, Muscat, Oman