Real Estate in Oman
Last updated on Jun 03, 2023
Summary: An expat looking to buy a home in Oman should begin by researching the different areas of the country and the types of properties available. They should also consider their budget and the type of amenities they are looking for. Homes in Oman typically include amenities such as air conditioning, swimming pools, and private gardens. Many also have modern kitchens and bathrooms, as well as balconies and terraces. Foreigners are allowed to own property in Oman, but there are certain restrictions. For example, foreigners are not allowed to own land, and they must obtain permission from the government before purchasing a property. Additionally, foreigners are not allowed to rent out their property.
How do I find a place to live in Oman?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Well, I got my accommodation through my employer in decent location. The apartment was spacious and well furnished with all basic amenities provided," said one person in Muscat.
"One of the best ways to find a place to live in Oman is to search online for rental listings. There are many websites that offer listings of apartments, villas, and other types of housing in Oman. Additionally, you can also search for classified ads in local newspapers and magazines. You can also contact real estate agents in Oman who specialize in helping people find rental properties. Additionally, you can also ask friends and family who live in Oman for recommendations," said one expat who made the move to Oman.
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What is a typical expat home or apartment like in Oman?
"Detached villa - this is typical. We have lots of space, marble floors. We like our landlord. But, we have an old-fashioned kitchen. The landlord won't refurbish it because he doesn't understand the British tradition for using the kitchen as the hub of family life. In Omani culture, the kitchen is for servants and the family would never set foot in it. So it's dark, with a small window, 70's tiling, grimy grout and an old wallbanger AC," said one expat who made the move to Muscat.
"Expat homes and apartments in Oman tend to be modern and luxurious, with many featuring high-end amenities such as swimming pools, gyms, and private gardens. Expats can also expect to find spacious living areas, fully-equipped kitchens, and comfortable bedrooms. Many expat homes and apartments also come with access to a variety of services, such as housekeeping, laundry, and security," explained one foreigner living in Oman.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Oman?
If you are thinking about moving to Oman, cost of living in probably a key consideration. Expats commented about the cost of housing:
"Lower - Cost of housing in our home city, Edinburgh, is incredibly high. We would never be able to afford to live in a house this size at home," said one expat who made the move to Muscat.
"The cost of housing in Oman varies depending on the location and type of accommodation. Generally, the cost of renting an apartment or villa in Oman is relatively high compared to other countries in the region. However, there are some more affordable options available, such as studio apartments and shared accommodation," explained one foreigner living in Oman.
Should I buy or rent a home in Oman?
If you have not spent a lot of time in Oman, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Oman can be a great investment, as the country has a strong economy and a growing real estate market. However, it is important to consider the cost of living in Oman, as well as the availability of financing options, before making a decision. Renting a home in Oman can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Oman should be based on individual needs and preferences," explained one expat living in Oman.
What do I need to know when buying property in Oman?
When we asked expats what advice they would give a foreigner before buying a property in Oman, they said:
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Oman, including the need for a valid residency permit. 3. It is important to be aware of the different types of property available in Oman, such as villas, apartments, and land. 4. It is important to be aware of the different taxes and fees associated with purchasing property in Oman, such as registration fees and stamp duty. 5. It is important to be aware of the different financing options available in Oman, such as bank loans and mortgages. 6. It is important to be aware of the different types of insurance available in Oman, such as home insurance and life insurance. 7. It is important to be aware of the different types of maintenance and repair services available in Oman, such as plumbing and electrical services. 8. It is important to be aware of the different types of services available in Oman, such as property management and rental services," said one person in Oman.
Are foreigners allowed to own property in Oman?
When we asked expats what advice they would give a foreigner before buying a property in Oman, they said...
"Yes, foreigners are allowed to own property in Oman. The Omani government has implemented a number of laws and regulations that allow foreign investors to purchase and own real estate in the country. Foreigners are allowed to own land and buildings, but they must obtain a permit from the Ministry of Housing and Urban Planning before they can do so. Additionally, foreign investors must have a valid residence permit in order to purchase property in Oman," said one in Oman.
What appliances are typically included in a rental?
We asked foreigners in Oman what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Oman typically include a refrigerator, stove, oven, washing machine, and air conditioning unit. Some properties may also include a dishwasher, microwave, and other small appliances. Furniture may also be included in some rental properties," explained one person living in Oman.
Additional Information about Searching for a Home in Oman:
We asked foreigners in Oman what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Oman by looking online for real estate websites that specialize in the area, such as Bayut, JustProperty, and Property Finder. They can also search for rental listings on classifieds websites such as OLX and Dubizzle. Additionally, expats can contact local real estate agents who can help them find a suitable home in Oman," explained one foreigner living in Oman.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Additional Information:
- Oman Guide
- Healthcare & Health Insurance in Oman
- Members Talk about Healthcare & Health Insurance in Oman
- Best Places to Live in Oman
- Guide to Real Estate in Oman
- Pros & Cons of Living in Oman
- Cost of Living in Oman
- 5 Tips For Living in Oman
- 2024 Guide to Living in Oman
- Pros and Cons of Living in Oman 2024