
Real estate in Bahrain is a booming sector. Data indicates that the real estate market is projected to surpass US$77.3 billion in value by the close of 2025. This figure includes a significant segment dominated by the residential market. What’s more? Buying an apartment in Bahrain is a trending move amongst investors in the country.
So, what’s driving the population to buy real estate in Bahrain?
Thriving economy
Firstly, the flourishing economy in Bahrain attracts thousands of investors into the country. The stable economy supported by Government initiatives to attract direct foreign investments and also local businesses has given a propelling boost to trade and commerce within the nation. A robust economy fosters a stable real estate market, making it a high-return investment for investors.
Attractive returns
Another reason people buy real estate in Bahrain is that Bahrain real estate yields attractive returns. Rental value and resale value of property in Bahrain are always on an upward trend, making it a profitable investment. Research shows that Bahrain offers the top rental return rate in the GCC. Another lucrative offer is that the Bahrain Government does not impose tax on property. So, this is an incentive for investors.
Rise in demand for property.
Bahrain is home to a significant expatriate community. In fact, statistics reveal the presence of more expatriates than the local population. With an increase in the expatriate community in the country, the demand for quality but affordable housing is at an all-time high. However, it is always advisable to buy real estate in Bahrain through a trusted agent to ensure a smooth flow of transactions and quality housing.
Affordable real estate market
Real estate in Bahrain is still at an affordable pace, unlike housing in other GCC countries. Bahrain offers competitive rates for apartments and properties based on location and amenities available. Therefore, there is an affordable apartment to fit all budgets.
Government support
The Bahrain Government has initiated favorable regulations and laws, including freehold property, no taxation, and also favorable foreign ownership policies.
Increase in tourism
Over the years tourism is becoming popular in Bahrain. According to statistics published in the official Government of Bahrain website, 2024 witnessed approximately 14.9 million tourists in to the country. The influx of tourists in Bahrain has prompted the real estate sector to gear up as accommodation for visitors in the country. Apartment owners can rent accommodation to visitors and also ensure a steady rental income throughout the year. Short term rental accommodations are becoming more popular in Bahrain.
Facilities Management
Apartments are a popular in Bahrain. They are well-maintained and include all facilities. Also, homeowner’s association management ensures smooth management of the building and premises, making them an attractive investment.
Iris Property Management offers a range of apartments and villas for sale in Bahrain. As one of the best property dealers in Bahrain, we also provide property management, sale and leasing, and also homeowner’s association management.
If you are interested in buying property in Bahrain, contact only Iris Property Management Company today.