Oman: 62,800 homes and 5,800 hotel rooms by 2030

Real Estate and Tourism Development in Oman: A Promising Future

The Sultanate of Oman is preparing for a significant leap forward in the real estate and tourism sector with the planned addition of 62,800 new residential units by 2030. This ambitious development, reported by Cavendish Maxwell, a leading property consultancy, aims to strengthen the country's economy and attract more international visitors.

Strategic expansion

The Sultanate's strategic vision, aligned with these projects, includes not only the addition of 5,500 residential units this year, but also an increase in the number of tourism facilities. This is crucial to meet the growing demand from locals and expatriates, while promoting Oman as a destination of choice for tourism and investment.

Impact of the Development of the Tourism Sector

Alongside this real estate boom, the hotel sector is benefiting from this expansion with the addition of 5,800 new hotel rooms by 2030. The aim is not only to welcome more tourists, but also to improve the quality of the services on offer. The development of new infrastructures is an essential pillar of this modernisation strategy.

• Expansion of top-quality hotels
• Improving transport infrastructure
• Investment in cultural and natural attractions

The Role of Government and Investors

The Omani government is playing a key role in this project by providing the necessary incentives to attract foreign investments. Favourable policies and an attractive tax environment are in place to facilitate the establishment of new businesses and encourage innovation in the sector.

For a Diversified Economy

These initiatives are part of a wider plan to diversifying the economy Oman's national economy, traditionally dependent on oil. Promoting the tourism and real estate sectors is seen as a viable alternative to ensure sustained economic growth.

The Future of the Real Estate and Tourism Market in Oman

With these major additions, Oman is strengthening its position on the world map of real estate and tourism. Experts in the sector see this not only as a step towards modernisation, but also as a guarantee of sustainable and balanced development, benefiting citizens and offering a "new dimension" to tourism. Omani experience authentic to tourists.

*This article has been selected, adapted and validated by the Breeziful editorial team. Written and approved by Breeziful.