IRIS Property Management W.L.L

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expatriates flat for rent in bahrain

Before we step into the requirements for an expatriate to buy property in Bahrain, let’s define the term expatriate for clarity.

An expatriate is a person who lives outside his/her native country. It is defined as an individual who is living and /or working in a country other than the country for his/her citizenship. 

Navigating the Bahrain Real Estate Landscape

Bahrain attracts several foreigners who have comfortably made Bahrain their home. The booming economy, favorable infrastructure and vibrant atmosphere are what attract foreigners to the Kingdom of Bahrain. 

Foreigners often express the desire to own property in Bahrain. Therefore, let’s understand the requirements for expatriates to buy property in Bahrain. 

Expatriates can own property in Bahrain, but it’s not without restrictions. There are certain regulations and limitations when it comes to foreigners investing in Bahrain real estate property. 

Here are the guidelines for expatriates to buy property in Bahrain

Freehold Properties

Foreigners or expatriates can buy real estate in Bahrain only if is designated as freehold property. “Freehold” as the name suggests refers to that property which is ‘free from any hold’. The owner of the property must have complete rights to the property, in perpetuity and without any restrictions. 

Designated areas

Expatriates can buy flats for sale only in specific areas in Bahrain. This is the main difference when it comes to local nationals and foreigners purchasing property in Bahrain. Local nationals can buy real estate anywhere in Bahrain. However, foreign nationals can buy property only in specific or demarcated areas in Bahrain. 

Required approvals 

While purchasing real estate in Bahrain foreigners must get special approvals and permissions from different Government departments. The Government of Bahrain permits flats for expatriates after they obtain approvals from various agencies like the Ministry of Housing.

It is advisable to consult a good real estate agent before investing in real estate or property in Bahrain. Iris Property, considered one of the best property management companies in the country offers expert advice and guidance to foreigners looking to buy real estate in Bahrain.  

Residential permit for foreign nationals or expatriates

The Government of Bahrain has taken several steps to boost foreign investment in the country. One of the systems in place in Bahrain is that foreign nationals can apply for residential permits if they invest in property in Bahrain. The Government stipulates an investment of a minimum amount to be qualified under this rule.

However, the residency permit granted is usually not a permanent one and may require renewal at regular intervals. Also, proof of continued ownership of the property will have to be furnished with the relevant authorities from time to time. 

Purchasing flats for expatriates in Bahrain may involve more paperwork than local nationals. The process may be a bit more complex than normal procedures, but with a good real estate agent in Bahrain, it is possible to experience a smooth process. 

Conclusion

Bahrain has always been a welcoming country. Foreign nationals can purchase property in Bahrain without much hindrance. However, appointing the right property management company in the country can ensure an obstacle-free process. Iris Property Management is a real estate and property management company in Bahrain. The company is known for its years of experience in the field of real estate property, management and development. 

buy apartment in bahrain

If you have ever seen a flat for sale in Bahrain & wished to buy it, you made the right decision. Bahrain has lately been Arabia’s constant evolution. From centers to beautiful places to business centers, Bahrain has it all. Every part of it is under continuous change. These are slowly laying the foundation of rising real estate tomorrow. We all know that real estate price increases when surroundings evolve. The more the development around the real estate, the higher the price. It guarantees prosperity for the real estate property seller and buyer. Hence, it’s a mutually beneficial scenario.

Two obvious developments are happening in Bahrain that are future-centric now:

  • A new rail network will go into the limelight in the coming years.
  • Besides, the number of sea reclamation projects in the area will increase your real estate price by 3x.

Remember that Bahrain is 17 times less than the US. So buying here is securing your future and family. Also, if you are an expat & you buy a property above 50,000 BHD, you have the right to issue a residence permit. However, the property should be located in the following locations. These include below listed Bahrain’s freehold areas.

  1. Juffair
  2. Seef
  3. Amwaj Island
  4. Manama
  5. Riffa
  6. Busaiteen town
  7. Durrat Al Bahrain
  8. Muharraq

Another high-return investment feature of Bahrain is that the number of freehold areas is supposed to increase in the coming years. The government is thus attracting foreign investments here. Also, expats or foreign investors have to pay a municipal tax of only 10% on Bahrain-owned properties. As a result, Bahrain’s real estate looks promising.

To make the most out of these, you will need a real estate company that caters to all needs. For instance, you will need a real estate company that caters to;

Why should you choose such a real estate company?

Property management enhances the real estate value. It makes your property look more attractive to those needing a rent in Bahrain. One of the benefits of buying real estate in Bahrain is the amount you can earn from renting it. Renting gives you two times the compound value. When you hire a property management company, it solves all of your tenant issues.

Therefore, you barely have to present to solve the problem as the property manager handles everything. From legalities to repairs & maintenance of property, you can be stress-free. Peace of mind is an invaluable luxury. It also saves tons amount of time that you can use to grow your other businesses or improve your productivity.

If the real estate company makes sales & leasing for you, you can pack your bags and go on a holiday while making profits on the other side. You can sit & make money without doing anything. That is what a successful business is like. We’ve often seen successful people in the industry going on holidays while we are working 24/7. Successful investors see the value of a property & know where to invest. Iris is one such real estate that can increase your Bahrain property investment returns. It is no scam of shares or stocks.

A well-known fact is that Bahrain’s real estate has increased between 5-7% this year. Choosing to buy a property from Iris is a luxurious leverage. Buying an apartment in Bahrain on Iris is the smartest real estate investment choice you will ever make. You will find 99 reasons why Iris is the best real estate in Bahrain on the website. What are you waiting for? Visit the Iris Property Management website now!

Bahrain apartments for sale

Are you in search of a perfect home in the vibrant and enchanting Kingdom of Bahrain? Look no further! Iris Property Management is here to assist you in finding your dream apartment or house for sale in this beautiful island nation. With our extensive knowledge of the real estate market and commitment to exceptional service, we are the premier choice for anyone seeking to buy a flat or house in Bahrain.

Finding Your Ideal Apartment or House:

Bahrain, known for its rich history, cultural heritage, and stunning landscapes, offers a diverse range of real estate options to suit every taste and preference. Whether you’re looking for a luxurious apartment with breathtaking sea views or a spacious house nestled in a tranquil neighborhood, Iris Property Management has an extensive portfolio of properties that cater to various budgets and requirements.

Apartments for Sale:

If you are searching for apartments for sale in Bahrain, Iris Property Management has an impressive selection that will surely capture your attention. From modern high-rise buildings in the bustling city center to elegant waterfront residences, we have something for everyone. Our team of experienced professionals will guide you through the entire process, ensuring that you find an apartment that meets all your needs and desires.

Buy a Flat with Confidence:

Investing in a flat in Bahrain is a wise decision, considering the country’s thriving economy, stable real estate market, and favorable legal framework for property ownership. Whether you are a first-time buyer or an experienced investor, our team at Iris Property Management will provide you with the necessary insights and assistance to make an informed purchase. We understand that buying a flat is a significant financial commitment, and we are dedicated to helping you make a confident and secure investment.

Houses for Sale:

For those seeking a more spacious and private living environment, Bahrain offers an array of beautiful houses for sale. From contemporary villas in exclusive gated communities to traditional Bahraini-style residences with charming courtyards, Iris Property Management has a collection of houses that exemplify luxury, comfort, and style. Our expert agents will work closely with you to understand your preferences and find the perfect house that reflects your unique lifestyle.

Your Trusted Partner in Real Estate:

At Iris Property Management, our commitment to customer satisfaction is unwavering. We pride ourselves on delivering personalized service, ensuring that every client receives the attention they deserve throughout the entire buying process. Our experienced team possesses in-depth knowledge of the Bahrain real estate market and maintains strong relationships with property developers and owners, enabling us to offer you a wide selection of high-quality properties.

Conclusion:

If you’re ready to embark on a journey to find your dream home in Bahrain, Iris Property Management is your ideal partner. With our extensive range of apartments and houses for sale, we have the perfect property waiting for you. Let us guide you through the process, providing you with the expertise and support needed to make a confident decision. Contact Iris Property Management today and take the first step towards owning your dream home in the captivating Kingdom of Bahrain.

Remember, when it comes to finding the right property, Iris Property Management is here to make your dreams come true!

flats for sale in juffair

Finding a flat in Bahrain can be a simple task to do if you choose the right property management. We at Iris Property Management can provide you with any kind of property that you want for sale

You can find several homes, flats, and commercial establishments throughout the country of Bahrain. We can provide you with an affordable, fully furnished home & office for sale. Besides, we can also undertake special requests from our side.

Sales services offered by Iris Property Management

We ensure that the buyers get the best price possible. We have a wide range of flats to provide for you. Some are single bedroom flats, and double bedrooms, while others are triple-bedroom apartments.

We have a 3 bedroom apartment that is most suited for a medium to large family. It comes fully furnished; it has a cozy living area and a guest bathroom. There is also a large hall, a fully equipped kitchen, one car park, and a swimming pool.

These amenities allow you to relax and enjoy your time inside the house. The building has 24-hour security & reception; there is also a lobby area, a spacious swimming pool area, and a gymnasium.

We can also provide you with a bedroom apartment that comes fully furnished, has a cozy living area, and has a guest bathroom. The apartment also comes with a hall, fully equipped kitchen, a single-car park, and a swimming pool.

The building comes with several facilities like 24-hour security, a lobby, and a spacious covered swimming pool area. There is also a gymnasium, steam room, and a children’s playroom. Besides, nearby you can find malls, 24-hour supermarket, restaurants, a hospital, and a school.

As you can see, most of the apartments that we have on sale are located in prime locations, and there are all the facilities and amenities located nearby. When you search for luxury flats for sale in Juffair, we can also cover you with that.

The luxury flats are infused with all the facilities you can desire to have there. They come in a one bedroom, two-bathroom apartment located in Juffair, and this space would suit single owners or small families.

They are located near the Oasis Mall, Al Osra, US Navy Base, Al Fateh Mosque, Juffair Mall, and American alley. It is just one minute away from the main highway that connects all the major parts of Bahrain.

About Iris Property Management

IRIS property management is a real estate, property management, and development company. We were founded 15 years ago to provide exceptional real estate experience and services, including selling, renting, buying, and managing apartments and real estate in Bahrain.

Our team has a wide knowledge of property and facilities management experience. We also specialize in leasing, sales, and a senior expert team of key staff. Our team provides professional in-house support & technical support.

Since you know what to do, please do not hesitate to give a call to Iris Property Management or email your requirements to us. We will be glad to help you out with your flats for sale in juffair Bahrain.

flats for sale in juffair bahrain

Finding the perfect flat may be tricky if you’re looking to buy a flat in Bahrain. There are as many different types of flats on the market as people are looking for them. There are large houses with two or three bedrooms, single-bedroom flats, and large duplexes that have their own pool; you name it. Luckily for all these people trying to find their perfect flat for sale in Bahrain, we’ve put together this post to help you make your decision easier.

1. Know your budget

It is the most essential and fundamental thing to do when looking for a flat. Make sure you know exactly how much money you are willing to spend, from top to bottom. If you’re looking for something nice, then obviously go for it. But if you’re looking for a cheap alternative, keep in mind that Bahrain has relatively high prices.

2. Understand what you want

It is obvious that if you purchase a huge home with two or three bedrooms, you will only occupy one of them. However, there is more to consider than just the number of rooms in your new home: the size of those rooms is also significant. For instance, a big home with just one bedroom is an excellent value. However, it will be difficult for families with young children to share the area.

3. Location of the flat

Another factor to consider while purchasing an apartment is the location. If you dislike living in the suburbs, you should avoid purchasing a home there. Finally, have some fun and see what your friends and neighbors think of your new house. There are a number of methods to determine if the neighborhood is pleasant, including asking about their own apartment and whether they like it or not.

4. The Neighborhood

Many of the Bahrain apartments for sale are located in bustling areas because of the high demand, but your new home can still be in one of these areas. Instead, you can find a nice flat in an area with a lot of green space and parks, although the streets might be slightly noisy.

But to ease your hassle, Iris Property Management has got you. Their extensive network and reputation in the market can give you various options that fit your budget. There are flats for sale in Juffair and if you are looking for them then you can get the best deal from us. So, why wait? Reach out to us and find your dream home!

Flats for sale in Amwaj

One of the most important decisions you will make in your life is likely something you have been considering since you were a child: investing in a new home or apartment. The wait is over, as there are many flats for sale in Amwaj. Years of planning and saving cannot be abandoned when the time comes for you to make the ultimate choice. As a result, you must consider your options carefully before making a decision. You should be extra careful when buying a home because you may need to take out a big loan and then have payments taken out of your paycheck every month. There is a 2 bedroom flat for sale in Amwaj for your needs and requirements.

Property Price

The first thing you should do while looking for a house or apartment is to establish a budget. Knowing how much you are willing to pay for a house helps narrow your list of potential purchases. To determine whether the builder has given you an accurate quote, compare the price of the property in question to those nearby by different builders. You can compare properties in the area in which you are looking in various ways. These sources include a 2 bedroom flat for sale in Amwaj.

Carpet Price

The area of a property, also known as the super built-up area, is typically the total area, including all shafts, elevator space, stairs, wall thickness, and other features. However, flats for the sale has all the boundaries within the carpet area. This area may be 30% smaller than the built-up area or the area taken into account when determining the property’s price. When two people own separate units on the same level, the expense of maintaining the shared spaces may be divided between them.

Legal Documentation

Verify if the building is entitled to be built on its land. The developer should have been given approvals and NOCs by the area development authority, water supply, sewage, and electricity boards, and municipal corporations.  However, the relevant bank will evaluate your property paperwork before sanctioning your loan if you’re getting a home loan.

Possession

It has become common for people to have to wait longer to move into their apartments because of delays in building plans for businesses and homes. You, as the buyer, should be able to estimate when you will take control. A developer typically requests a six-month grace period, but there should be a reason for doing so, and you should be aware of it.

Banks

You should know the banks’ willingness or unwillingness to credit particular builders. Specific banks won’t lend to some builders due to a negative reputation. Therefore, you must confirm with the banks providing funding for the project you intend to invest in.

Conclusion:

Flats for sale in Amwaj are made more accessible by the Iris Property Management Company. Call us today for all your queries, and you can also visit our website to see the properties available.

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