Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, March 17 2021 - 01:37
AsiaNet
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-AsiaNet/--

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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