IRIS Property Management W.L.L

Tag Archives: Buy apartment in Bahrain

Buying Flats and Apartments 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!

Buy apartment in Bahrain

Finding a property in Bahrain is easy as it has a huge archipelago of 51 natural islands and 33 manmade islands and expats are welcome to buy property in Bahrain for several reasons. Learning how to invest in foreign real estate is the key to successful investment. Buy real estate in Bahrain with complete transparency and satisfaction with a great location, great price as well as future proof investment with the right real estate company. Some of the leading real estate companies in Bahrain include Iris Property Management which is ideal to buy an apartment in Bahrain at great prices.

1) Bahrain Golden Visa Perk 1
If a non-Bahraini owns a property worth 200000 BHD in Bahrain, they are entitled to Bahrain residency with a golden visa. This allows them to work in Bahrain and bring family as well. This allows you to buy your office, showroom, retail space, or buy an apartment in Bahrain to gain access as a resident in Bahrain with a golden visa. Even having exceptional talent can gain you a golden visa.

2) Bahrain Visa Perk 2
If non Bahraini own 70000 BHD worth of property in Bahrain, they are entitled to Bahrain residency allowing them to work in Bahrain and bring family for a period of 10 years. Even if you own a small apartment or an office, this rule will apply to you and make your life easy.

3) Bahrain Cheap Property Perk
If a non-Bahraini owns a cheap property they can get a tax free Bahrain residency allowing them to work in Bahrain. Saving on residential tax is one of the best ways to attract new talent from across the globe to your organization.

4) Bahrain’s economical talent pool makes it a better business investment
With more and more global exposure and cultural diversity, Bahrain has an economical talent pool from all over the world who are excited to work with your new business. Such an environment boosts cultural and business exchange and helps you grow and outshine your competition. The rate of talent being hired here is high as well as starting a new business venture successfully has its own benefits when it comes to the Kingdom of Bahrain. It is therefore essential to select the best of the best talents for your business right away as more expatriates plan to move to Bahrain.

5) Commercial Facilities on the rise
Bahrain has seen a boom in the real estate sector. In 2021, real estate transactions noted in Bahrain were worth 1billion BD or 2.62 billion USD which is 46% higher than 2020. This means the steady boom in retail, F&B and commercial real estate in Bahrain is attracting a lot of foreign investors. With companies from all over the world from all kinds of industries trying to set their foot in Bahrain for less before the costs of real estate become out of reach.

Final Thoughts:
Buying the dip in the real estate sector is the necessary base for future savings as well as creating a strong foundation for your business in Bahrain. Whether you are starting a new venture or taking your existing business in another country to the Kingdom of Bahrain, there are certain benefits to buying a property in Bahrain right away. Some of them include golden visa perks, visa perks, cheap property perks, finding great talent and the rise of commercial facilities. Connect with Iris Property Management to buy apartment in Bahrain or to buy property in Bahrain.

CALENDAR

July 2024
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
28293031