Verified Secondary Real Estate in MatrahOmani charm in coastalhistoric district

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Residency through real estate
Foreign investors can obtain long-term residency by purchasing property, opening the door to stable living and regional business access.
Quiet, secure investment climate
Oman is politically and economically stable, making it ideal for conservative investors looking for asset protection in the Gulf.
Growing tourism and expat interest
Muscat and coastal zones are increasingly popular among expats and tourists, driving future rental demand.
Residency through real estate
Foreign investors can obtain long-term residency by purchasing property, opening the door to stable living and regional business access.
Quiet, secure investment climate
Oman is politically and economically stable, making it ideal for conservative investors looking for asset protection in the Gulf.
Growing tourism and expat interest
Muscat and coastal zones are increasingly popular among expats and tourists, driving future rental demand.
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Secondary Real Estate in Matrah: Heritage Living by the Sea
Why Matrah Is a Hidden Gem for Property Buyers
Matrah (also spelled Muttrah), a historic coastal district in Muscat, Oman, offers one of the most distinctive secondary real estate markets in the country. Known for its scenic Corniche, ancient souq, and blend of Indian Ocean and mountain views, Matrah is ideal for buyers seeking character-rich properties with cultural value. While Muscat's newer suburbs attract modern developments, Matrah stands out for its authenticity — offering unique second-hand homes, traditional architecture, and a relaxed pace of life. It is especially popular among expat retirees, heritage-minded investors, and locals looking for coastal charm within the capital’s reach.
Types of Secondary Properties Available in Matrah
The Matrah property market is composed of a mix of historic buildings, refurbished villas, and older apartment complexes. Buyers can find:
- Traditional Omani homes: Two- or three-story dwellings with carved wooden doors, courtyards, and sea-facing terraces.
- Renovated apartments: Often located near the Corniche, with views of the port or city skyline.
- Heritage villas: Larger homes that have been restored with a blend of modern plumbing and original stonework.
- Multi-unit dwellings: Buildings with rental potential, especially for short-stay tourism or long-term expat tenants.
While Matrah has limited land for new construction, the resale market presents many charming options, particularly for buyers interested in homes with character and historical depth.
Advantages of Buying Second-Hand Property in Matrah
- Authentic location: Live steps from the famous Mutrah Souq, Sultan’s Palace, and the sea — in a district that feels alive with heritage.
- Rental demand: High interest from tourists and short-term expats makes older homes ideal for holiday lets or boutique rentals.
- Lower prices per sqm: Compared to newer developments like Al Mouj or Qurum, Matrah’s secondary homes are more affordable.
- Restoration potential: Many buildings are structurally sound but offer opportunities for aesthetic updates and value-adding renovations.
Average Prices and Market Trends
Property prices in Matrah vary depending on condition, proximity to the Corniche, and views. In general:
- 2-bedroom heritage home (unrenovated): OMR 40,000–65,000
- Renovated villa with sea view: OMR 90,000–130,000
- Older apartments near souq or mosque: OMR 25,000–50,000
The resale market has shown stable performance in recent years, with mild appreciation driven by tourism and limited supply. Properties that retain original architectural features tend to hold or grow in value, especially if located close to the Mutrah Corniche or harborfront areas.
Investment Use Cases and Buyer Profiles
Matrah attracts a niche but loyal group of buyers, including:
- Retirees and second-home seekers: Drawn to the quiet, walkable environment and historic charm.
- Buy-to-let investors: Renovating old properties for short-term rental to tourists visiting the souq, port, and nearby cultural sites.
- Boutique developers: Purchasing older homes for conversion into guesthouses or cultural retreats.
- Omani families: Retaining inherited homes or buying secondary properties for heritage or rental value.
Renovation and Legal Considerations
When purchasing older properties in Matrah, buyers should carefully inspect the structural condition, plumbing, electrical systems, and roof integrity. While many buildings date back decades, most can be renovated with proper permits. Buyers should work with licensed engineers and local authorities to ensure compliance with heritage preservation standards.
Ownership by foreigners is allowed in designated areas, and Matrah falls under some special zones where expats can purchase leasehold or freehold depending on the property. Legal due diligence is essential — especially with properties that may not have updated title deeds or were passed down informally. Partnering with a real estate agent familiar with heritage properties and Omani legal frameworks is strongly recommended.
Neighborhood Highlights
Matrah Corniche
The waterfront promenade is the district’s most famous feature. Properties nearby often have direct sea views and access to cafés, souq shops, and walking paths. These are ideal for boutique holiday homes or residential use with a scenic lifestyle component.
Souq District
Living near the Mutrah Souq offers a dynamic experience, with access to daily shopping, local artisans, and cultural events. Homes here tend to be older and smaller but offer high walkability and strong short-term rental appeal.
Back Streets and Hillsides
Climbing the streets away from the Corniche reveals hillside homes with panoramic views. These offer peace, privacy, and potential for renovation into high-value properties. Steep roads mean parking is limited, but ambiance is unmatched.
Secondary Market Challenges and Solutions
Challenges in Matrah’s resale market include:
- Older infrastructure: May require significant upgrades for plumbing, electrical, and air conditioning.
- Parking limitations: Especially near the souq and port.
- Heritage regulations: Restrictions on façade alterations and construction materials in historic zones.
Solutions include working with restoration experts, applying for modernization permits, and targeting niche tourism markets (eco-tourism, heritage lodging) that benefit from the area’s atmosphere without needing large-scale change.
Future Outlook and Growth Potential
Oman’s government continues to promote tourism and cultural preservation in Muscat, including Matrah. Investments in cruise port infrastructure, pedestrian upgrades, and building maintenance incentives support steady demand for well-located properties. As new developments expand elsewhere, Matrah’s scarcity of available land and homes enhances its appeal among those who value history, scenery, and a true sense of place.
With global interest in slow tourism and cultural authenticity rising, Matrah is positioned to grow as a niche real estate destination — especially for those seeking unique secondary homes or small-scale investment properties in Oman’s most picturesque district.
Conclusion: Matrah Combines Character, History, and Long-Term Value
Buying secondary real estate in Matrah means investing not just in property, but in legacy. This harborfront district offers a rare blend of sea views, local life, and timeless charm that cannot be replicated by modern developments. Whether you’re looking for a personal retreat, a tourism-focused rental, or a heritage restoration project, Matrah offers a rich canvas for inspired ownership.
With VelesClub Int., buyers gain access to local expertise, legal guidance, and hand-picked resale listings that match your goals — whether lifestyle-driven or investment-focused. Discover the unmatched character of Matrah’s real estate and secure a home that tells a story with every stone and sea breeze.
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