best rental deals in bahrain Archives - IRIS Property Management W.L.L

Jul

Elevate your studio apartment to a star studio with these tricks

Posted on July 28, 2023 in Blog

Do you know the secrets to turn this studio apartment into a star studio? You may know some, but we promise you, you won’t know all. So take the hot seat as you get a view of a sublime living experience, decluttered mind and unburnt pockets.

Let’s first focus on what kind of purchase could add luxurious appeal to it. Fully furnished flat for rent in Bahrain? Or a fully equipped studio? The choice is yours! The benefits of a furnished flat are endless.

Standing out flat appeals
Functional furnishings for multiple uses
Immediate gratification
Bespoke elegance
Convenience & comfort

Let’s dive into more of its details!

Investing in a 1 BHK with convenience

Lavish rooms exude intimacy, beckoning two souls to share dreams and hearts. Cherish every moment, each becoming a treasured memory etched in time. And beyond togetherness, indulge in personal havens with two bathrooms—tranquility reigns supreme, granting liberty to bask in solitude’s embrace. Iris Property Management offers one bhk flats with two bathrooms. Convenience boasts royalty! When you rent or sell, your prospects will choose comfort above others. This will make you stand out!

Opulent locations promise higher ROI

Choosing opulent locations such as Manama, Seef, Juffair & Amwaj promises higher ROI in the future! Iris Property Management Flats are near the International School, hospitals, shopping, and restaurants. The airport is only a 5-minute drive away.

Residents would love to have free access to the beach. Kids’ dreams come true when they play outside. To make it even more magical, we are happy to offer the chance to live happily on the beach.

The mystery is the new majesty.

Invest smartly by investing in the mystery box! Enjoy the luxury of under-bed storage boxes and beautifully upholstered ottomans with hidden spaces where extra linens, clothes, and holiday treats can enjoy the beauty of being hidden. Celebrate the elegance of furniture with built-in storage, like bed frames with luxurious drawers and coffee tables with hidden spaces. Each detail adds to a song of refined living.

Minimal detail but statement worthy

Minimalism is a new luxury. Whoever said minimalism isn’t luxurious has yet to use the proper technique. Minimalism embodies huge walking spaces. It also can declutter the mind. A decluttered space creates a decluttered mind. It provides peace. Peace is the most important thing. Both the poor & rich find it difficult to attain. Science has proved that you create a free space in your mind by cooperating with minimalism. Investing in one statement sofa, chandelier, and cozy duvet can make heads turn & hearts burn. Adding a parlor of leisure, & the study of erudition elevates the look. Remember, luxury is a touch of seamless convenience, & unmatched grandeur. You can upgrade it to the level you envision it.

We, Iris property management, continue to embark on this 15-year journey of giving ultimate satisfaction to our customers. Our legacy, adorned with success, is etched in the annals of prestige and decorated with the accolades of contented residents. We proudly unveil another chapter of our luxurious narrative, knowing that Iris Property Management is a realm of unmatched luxury that exceeds expectations. Join us and be a part of this incredible real estate investment opportunities! Check our website to know more!

May

An overview of the Bahrain property market by the best Bahrain real estate agents

Posted on May 30, 2023 in Blog

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The Economic Vision 2030 initiated by the government in the late 2000s was the boost that Bahrain needed. It expanded Bahrain’s economy in terms of resilience, diversity, and competition globally.

Tourism, banking, logistics, and manufacturing were a few of the strategic industries targeted by the plan because of their impact on the property market. The construction of large-scale public works like the Bahrain Bay Development and the Dilmunia Health Island has now resulted in thriving new neighborhoods and increased interest in real estate.

With its economy boosting a large number of businesses came and opened avenues for their businesses. After the pandemic, real estate investments in Bahrain surged in value.

Prices for luxury apartments rose by 5% Bahrain’s real estate sector showed a strong comeback, boosting the economy even after the pandemic. Presently, the Prices for luxury real estate have gone up high. High-quality assets now are the norm.

Bahrain’s primary wealth comes from oil and petroleum. The global oil demand keeps rising as a result there is an endless cash flow.

The luxury real estate sector is estimated to be valued at over a trillion dollars worldwide. We promise to explain everything as soon as possible.

Rents have been in demand since individuals discovered the cost of living to be 17% less than in the United States. The cost of living here is even cheaper than in other Gulf countries’ megalopolises. This means you will reap profits even in a metropolitan area in Bahrain

Villa developments remained popular in the residential sector, with mid-range home prices increasing by 5.2%. However, demand for premium developments has been hampered by the higher cost of borrowing, resulting in a quarterly decline of 1.3% in the value of luxury apartments. As end-users continued to tighten their belts, the demand for moderately priced and inexpensive villas remained robust in the rental market. In the office market, demand was robust for both middle- and upper-tier buildings, and rents rose by 15% annually.

The rental industry has generally tracked the sales market in its upswing, with villa rental prices increasing by 4.5% year over year, reaching an average of BHD 1,139 per month. The number of new company registrations increased by 35.4% annually. The economy expanded more as a result of this.

It’s becoming increasingly apparent that the island nation of Bahrain is prepared to create its future through a commitment to environmentally responsible and technologically advanced real estate development. Its laws favor the landlord and the tenant Rent increases after every 2 years according to the lease law in Bahrain. It can go up to 5% for renting homes and 7% for homes for small and large businesses. Any correspondence regarding rent must be made at least three months in advance. This doesn’t make it burdensome for the tenant.

Cost-benefit analysis calculation: No portion of salary will be taxed away only the yearly tax obligation will be the 1% that goes towards social insurance. Thus they end up saving a lot of money because of this.

There are parts of Bahrain where one is allowed to own land. This adds to the leverage. Freehold property worth at least BHD 50,000 is required for a non-Bahraini to qualify for a residence permit through personal sponsorship.

Iris property management in Bahrain has more than 2000 satisfied clients and over 20 years of experience. Visit the website to know more!

1 bhk fully furnished flat for rent in bahrain

Feb

Never Ending Luxury in a 1 Bedroom Flat For Rent in Bahrain

Posted on February 16, 2023 in Blog

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Are you seeking a bedroom flat in Bahrain with one bathroom, one kitchen, and one living room? A flat that is close to the most desirable sites and comes furnished with high-quality appliances, ultra-modern conveniences, and two bathrooms? To cap it all off, how about a flat in Bahrain with one bedroom that is within your price range? Yes! Then Iris Property Management is the place for you because we have the options that are just right for you.

Check out the best one bedroom flat in Bahrain and be amazed why we are the best for you.

15 years of renting out lavish residences to happy tenants

After a decade of leasing properties and earning our customer’s loyalty, we have developed an awareness of the expectations that they have of us. We have maintained the standard to perform much better than we had anticipated. We were able to deliver as a result of the commitment and quality of our team.

Redefining 1 BHK

Two people make their home in a one bedroom, two-bathroom apartment. A residence needs to have both proximity and room to move around in. A healthy relationship is one in which the partners respect one another’s requirements for closeness and distance. Because of this, all of our luxury one bedroom apartments come equipped with two bathrooms.

Sky’s the limit

To provide you with an otherworldly experience, we are constantly renovating, re-innovating, and maintaining the dwellings. Fabulous living areas, an open kitchen designed in the aesthetic of your choice, central air conditioning, fiber optic internet access, and maintenance services are included in each of our property rentals.

Amenities at this location include a well-equipped indoor and outdoor pool, private parking, and security, reception, and CCTV that are available around the clock. In addition to that, we provide a movie theatre, a steam room, a sauna, a games room, a playground for children, a basketball court, a BBQ area, a squash room, a 24-hour store, and a coffee shop.

Ultra -luxurious

Our ultra-luxurious 1 bedroom, 1 bathroom apartment in Bahrain that’s available for rent is also fully furnished. Your accommodations will be a one bedroom apartment that is ultra-luxurious, beautifully designed, and completely stocked with furniture. Your children will feel right at home in a kid-friendly apartment complex that is conveniently located near an International School, hospitals, a retail and dining district, and the airport is only a five-minute drive away.

Scenic Beauty

The ideal scenario for a modern resident is having unrestricted access to the beach. Kids’ real-world fantasies come to life when they participate in outdoor activities. To add a touch of enchantment to it, we are thrilled to allow you to live happily on the lake. Despite the frenetic pace of the city of Manama, there are residential areas in Manama that are known for their peace.

To give our customers the very best experience possible, we have kept up with the latest technological advancements. You may live a life of leisure and calm thanks to conveniences like dishwashers and tech-savvy washing machines.

Do you ever fantasize about living the aristocratic life in residence? Check out the best 1 BHK fully furnished bedroom flat for rent in Bahrain only at Iris Property Management. Why are you wasting time by waiting? Make your reservation with us right away!

Feb

State of real estate in Bahrain 2023

Posted on February 8, 2023 in Blog

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Bahrain is a beautiful country that boasts its luxurious real estate sector. New policies, government support, foreign investment, and interest from nearby countries have pushed this sector. It has significantly risen after the pandemic and affected almost every other industry.

However, the current situation is far from that and shows a rising story. There are so many factors to this and as an experienced real estate company Bahrain, we can surely suggest you buy real estate in Bahrain. It is most likely to get you great returns.

Read on to know more.

Government policies: Bahrain’s government is a pro-real estate. They are coming up with a lot of policies, and changes in RERA and offering schemes like Golden Visa wherein ex-pats are promoted to invest in real estate. The policies are developer friendly as well. In terms of taxes too, this country is tax-free. So overall it’s a good sign for both the suppliers and the ones seeking demand.

Foreign investment: Interestingly the surrounding GCC and other countries are showing great interest in real estate Bahrain. Liberalization in foreign ownership of real estate projects further pushes the real estate sector towards growth. The golden visa scheme is another promoter in this domain.

Economy: The GDP of Bahrain is on the rise. Various reports and statisticians present the best picture ahead. The real estate sector is the major contributing sector to it.

Rental yield: If one were to believe the reports, the rental income from real estate in Bahrain yields around 7% income. So investing in any real estate project in Bahrain turns out to be a profitable business. Zero taxation on rental and property is another interesting factor that is an enticing factor.

Developmental programs: The stakeholders that are a part of this real estate economy continue to bring and discuss better initiatives. These initiatives are quite important for helping the real estate sector to grow. There are roundtables and investor initiatives happening to lobby for better real estate development and offerings.

Tourism sector: The tourism sector in Bahrain is growing more rapidly than expected. It is more so after the pandemic hit. Everyone is trying to explore newer and less commonly known places. Bahrain turns out to be a perfect place with varied offerings from entertainment, luxury, shopping, and relaxation. It is attracting investors and real estate developers to cater to the diverse interests of people.

IRIS Property Management has always been on the top when it comes to projecting trends and giving a reality check of the realty. Our core services include property management, facility management, property maintenance, sales and leasing, and homeowner’s association management.

We continuously strive to help our wide range of customers to make the best choice. Decades of experience in real estate Bahrain have got us a renowned name. We would suggest consulting with our team of experts who can guide you in choosing and managing your real estate in Bahrain.

Dec

Find the Best Rental Property in Bahrain

Posted on December 28, 2022 in Blog

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Bahrain is also known as the pearl of the Arabian Peninsula, and rightly so. The country is beautiful and has some of the most iconic locations in the world, and they have tremendous property for citizens of the country and expats alike.

If you are searching for a rental property in Bahrain, consider using the IRIS property management firm. We at IRIS property Management Company can provide you with a wide range of real estate services and packages that you find helpful.

Why IRIS property management?

IRIS property management specializes in real estate, property management, and development companies. We have been in this market for more than 15 years, and the firm provides exceptional buying, selling, managing, and renting services for apartments and commercial real estate in Bahrain.

Some of our primary services include:

Extensive property and facilities management experience.
A wide-ranging leasing and sales experience.
A senior expert team of key staff.
Professional in-house support & technical team.

With the help of our professional in-house support & technical team, we want to offer you transparency in real estate services. We want to serve you with quality & superior services for a cost-effective price.

Property management
Facility management
Property maintenance
Sales & leasing
Homeowners’ association management

Some of the important real estate properties that we can help you with include:

Providence residence: It is a 27-storey luxury apartment located in Juffair. The apartment has one-, two-, and three-bedroom sea view apartments.

Alyal building: This is a luxurious 24-storey residential building with 130 fully furnished premium apartments with one, two, and three bedrooms with a panoramic view of the sea and the city in the Seef district.

Orchid business center: This is a unique 16-storey office building that is the only commercial property in Bahrain offering amenities, including a gym.

We provide you with the best rental deals in Bahrain.

Some advantages of using Iris property management Bahrain firm are as follows:

Property management services find you tenants: Our property management firm helps you to find tenants for your building easily. Our professional in-house team is trained and skilled in real estate.

Fill rental properties faster: Since we are trained and experienced, the real estate agents can find local rental buildings according to your needs, preference, and budget with ease.

Make your property more competitive: With our help, you can make your property have a better resale value in the market.

Property managers make the paperwork easy: All the paperwork is done by us, and you just have to sign the dotted papers once the deal is done. We know real estate lawyers, and have a partnership with them for all the local legal document work.

You don’t have to pay the legal costs: You do not have to hire or pay any lawyer’s legal fees because it is already taken care of by us at the property management firm.

Rent collection and expense payments made easy: Rent collection is made easy with the help of the firm. We can help you with rent issues if they arise. You do not have to worry about the rentals because we will be done in a timely manner.

As you can see, hiring a reputed real estate firm like us, IRIS property management enables you to choose from a wide range of properties in Bahrain. So, why not contact us about whether you want to buy, sell, or get the best rental deals in Juffair in this charming country.

Nov

Things to Do Before Calling Property Agents in Bahrain

Posted on November 30, 2022 in Blog

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If you want to hire property agents in Bahrain, you should be ready to show your house within a few weeks and have taken care of all the important financial matters. This requires a while, and depending on how your home is set up (and your financial situation), it can take a long time. First impressions are crucial in the property world Bahrain, so avoid making a lousy market entry. Before deciding on Bahrain real estate agents, you should go through the following stages.

Get a Mortgage Pre-Approval from Property Agents in Bahrain

Before you hire a real estate agent, you should first look into your financing options. Your ability to purchase a home depends on various factors, including the length, cost, and rate of return of your mortgage.

Also, remember that being pre-approved for a mortgage is different from being pre-qualified for one. Even though debts, income, and assets are looked at in both stages, only a formal mortgage application is needed for pre-approval.

Market Research

The price range of residences you should look into will depend on the mortgage for which you have been pre-approved. However, if you are also selling, you must know the local market for similar properties. Remember that even if you can research real estate advertisements in print and online, all you will learn are the asking prices. By asking a real estate agent, you may find out how long homes have been on the marketplace, if there have been any price cuts, and most significantly, the final selling prices.

Even though market research is crucial, wait a while before falling in love with any particular property. When you’re ready to buy, there’s a reasonable risk the property world Bahrain won’t be available, especially if you have to sell your property beforehand. Subject-to-sale offers, or “yes, but…” offers as they are known in the real estate business, are less likely to be accepted by a seller than offers with sound financials.

Create an Impression

Most of us have watched enough episodes of “Trading Spaces” to be familiar with house staging. It would help if you also made a good impression on your real estate agent. Did you know that? When you have your house ready for an open house before an agent comes by, the agent will be able to see your house’s full potential and will be able to sell the house more effectively.

Unexpectedly, a clean bathroom will go a long way when selling your house. A neat place conveys pride of ownership and suggests that it has been well-maintained. For instance, the design of your entrance matters as much as any other interior feature. Ensure that your door, mat, mailbox, and trim are immaculate. While you might not notice the dust and insects in your daily life, observant home buyers might be turned off by your poor housekeeping. Dust and insects love light shades and fixtures.

Conclusion

The above points are to be remembered before seeking Bahrain real estate agents. You can connect with IRIS for all your real estate-related queries. IRIS was created 15 years ago with a dedication to professionalism and client service. We provide unmatched real estate services for purchasing, selling, renting, and maintaining residences and commercial properties in Bahrain.

IRIS Property Management W.L.L

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