Mixed-use developments combine multiple types of spaces within one development, typically blending residential, commercial, and office areas.
Vertical mixed-use developments combine different uses of space stacked on top of each other in a multi-story building. Retail spaces might be on the ground floor, office spaces on the second and third floors, and residential units above.
Horizontal mixed-use developments are spread out over a larger area, typically in a low-rise configuration, often where a shopping mall is adjacent to residential houses, or an office park with restaurants and cafes nearby.
Live/Work developments are where people can live and work in the same building, often ideal for individuals with small businesses, artists, or entrepreneurs who prefer a short commute.
Retail-centric mixed-use developments are a mix of residential and office space, that can be shopping malls with residential units or offices located on upper floors, or mixed-use developments with a strong emphasis on entertainment and dining.
Commercial and residential integration aims to create effective work-life balance in a single location, allowing for a flexible living environment, and are often found in urban or suburban areas.
Mixed-use developments can take many forms, depending on the location, goals, and needs of the community, but they all share the common goal of creating dynamic spaces that foster interaction, reduce the reliance on cars, and enhance the quality of life for residents and visitors alike.
Why Buy or Invest in New Real Estate Developments in Jordan.
Jordan’s location in the Middle East places it at a key crossroads between Asia, Africa, and Europe. The country has access to both the Red Sea and the Dead Sea, and is close to other major markets in the region, making it a prime location for international investors.
Jordan has a relatively stable political environment compared to many neighboring countries. The country is also a member of several international trade agreements, which can help foreign investors in terms of business regulations and property ownership laws. This includes the ability for foreign investors to own property under certain conditions.
There is a clear trend towards modern and sustainable real estate developments in Jordan. As demand for high-quality living spaces, modern office buildings, and mixed-use developments increases, new projects are incorporating eco-friendly practices and state-of-the-art designs.
Banks in Jordan offer relatively favorable financing options for both local and foreign investors, making it easier to access capital for real estate development. Interest rates on loans can be competitive, and government-backed programs often facilitate the process.
Real estate development in Jordan offers a variety of investment options, from luxury residential units in growing neighborhoods to commercial properties in the capital, Amman, and other emerging cities. Investors can choose from a range of property types to match their financial goals and risk tolerance.