commercial spaces for rent in seef Archives - IRIS Property Management W.L.L

Sep

Is Bahrain an Ideal Destination for Expats to Renting Commercial Flats?

Posted on September 29, 2023 in Blog

Are you planning to settle in Bahrain and open a business? Then we’ve got you covered Boss! You shall get all the answers you are looking for!

In this blog, we shall answer

Is Bahrain ideal for expat to purchase commercial flat?
Rules for expats
Hacks to get flats for rent in high rise tower
Where to buy commercial flats from and why?

Let’s begin with the first question!

Is Bahrain ideal for expat to renting commercial flat?

The number of businesses in Bahrain has been on the increase. Many expats are willing to settle for many reasons.

Bahrain ensures safety & peace for residents and residents.
You get to network with the top people in business who have settled here.
The affordable living cost allows you to remain stress-free. Thus Bahrain has a feasible Living cost in Bahrain for family
You get meals from different countries, so the food is fine here.
You can rent a car & make your travel easy, even public transportation is easy.
Hospitals, schools, and entertainment options are closely connected to different cities & towns.
The language barrier won’t affect them as most speak English there.

Bahrain rules for expats

Obtain the necessary work permits. Foreign employees must get authorization from the Labor Market Regulatory Authority (LMRA) and the Ministry of Interior before signing a work contract and being hired. The extent of Bahraini authorities’ background checks and screening differs depending on the applicant’s planned work position and country of origin.

Limitations of renting in Bahrain

You require a license & documentation for almost everything. So to answer your question, yes, you can take a commercial flat for rent in Bahrain. Also, lately, it is observed that companies spend big money on commercial offices. If some find it expensive, they have begun investing in fully furnished office spaces for rent.

Hacks for renting a commercial flat in Bahrain

Hack no 1

You can take advantage of renting laws in Bahrain & make the best out of it. Here’s what you need to know

Rent can be increased if the tenant is under occupancy for at least two years.
5 % increase in residential rents & 7 % increase for commercial and other types of rent.
Choose areas that are under development or that have development projects coming. The most favorable areas are likely Seef, Juffair, Amwaj Manama, and Diyar Al Muhraqq.

Hack no 2

People from the surrounding area will come to you after you open your office in a city. Individuals with similar interests will make an effort to get to know you. It would be beneficial if you got yourself noticed. Events can be used to do this.

Where to get office space for rent?

Discover Iris Property Management:

With a 15-year legacy of renting luxury homes to delighted tenants, we excel in exceeding expectations.
Our commitment to limitless innovation ensures an otherworldly experience with central air conditioning, high-speed fiber optic internet, custom open kitchens, and prompt maintenance.

Our customer-centric homes are strategically located near essential amenities, and we redefine elegance through

secure parking,
24/7 security,
Cutting-edge technology,
Smart commercial flat

Choose Iris Property Management for an exceptional commercial experience that combines aims for clients walking into your office!

Jul

Commercializing the Elegance and Prestige: Luxurious Office Flats for Rent

Posted on July 28, 2023 in Blog

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The lucrative opportunities are available in “shared workspace,” “flexible office,” and “workspace as a service.” That’s where the money is being invested. With hustle culture, there is a startup craze in the 21st century. The trend of entrepreneurship has spiked in demands for opulent workspace solutions. It is no secret that a sophisticated, fully fitted office gets high-paying clients to sign!

First impressions create last impressions! You may be an owner who knows the importance of branding and spends heavily. Products & services aren’t the only parts of a brand. Most business. Owners invest heavily in other aspects, such as operations, marketing, products, and services. Yet they forget the one part of the whole process: Their office.

To ensure a successful office experience, companies should invest in proper equipment and supplies and implement a cleaning schedule and routine. Excellent office space is designed using psychology & sophistication to enhance productivity, inspire creativity, and evoke happy senses. Subtle distinctions define the order of the first, second, and third. So why settle for less? You can either rent out such properties or use them. Both, as seen, offer multiple advantages. Rent in Bahrain is feasible, convenient & is protected by the law. It provides sumptuous options that allow indulging in short-term agreements with sophistication and convenience. We have covered the whole topic of it in another blog. It is accessible for viewing on our website.

If you are looking for a business-oriented real estate dealer, choose none other than Iris. Iris property management is the realm of wealthy business endeavors, where aspirations meet grandeur lies an exquisite opportunity: Fully fitted office spaces for rent in the illustrious kingdom of Bahrain. Within the regal charm of these prestigious establishments, the stage is set for businesses to flourish amidst an aura of sophistication and refinement.

Explore the epitome of office spaces that redefine elegance and prestige. Our projects cover everything based on the Property Type, Office & Business Center & Location you want. Be it furnished or unfurnished in wealthy cities such as Juffair. We bring our 15 years of unrivaled experience to keep you ahead of the game. We are on good terms with landlords, which helps you seal luxurious deals quickly! Our property management ensures to give you the best help. We have your back to make your property reach the clients you wish.

We start by carefully examining and aligning our strategy with market conditions in the ever-changing market. Then we promote your products through sponsored ads, featured and premium listings, and appealing banners on recognized local and global online marketing portals. Strategic press coverage leverages print media. Weekly and monthly lead reports, R.O.I. research, and market assessments enable data-driven decisions.

We customize promotions for business accounts to build solid partnerships. Every tenant is background-checked to maintain safety and integrity. Our deep local experience helps us negotiate market complexities to get the best results for all stakeholders. We partner with other agencies and sponsor events to reach a unique audience. These enhanced techniques elevate our offerings, solidifying our real estate leadership. We offer more leverage than mentioned here! To know more, visit our website!

May

Is a commercial flat for rent in Bahrain good for investment?

Posted on May 29, 2023 in Blog

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Real estate investments are one of the most promising investments on earth. Commercial spaces hold significant value in the real estate market. If you are residing in Bahrain and considering investing, why not explore the potential of investing in one of the upscale commercial spaces to witness your capital grow? To provide insights into this opportunity, we have researched the advantages of investing in a commercial flat for rent in Bahrain.

Decoding commercial real estate investment:

The word ‘commercial’ itself explains the kind of properties that are a part of this category of real estate-hotels, restaurants, entertainment parks, etc. Owing to their huge sizes, the amount invested and return on investment will always be high. However, there can be market risks and the tenant being in a tough spot financially.

The nature of investment and usage of commercial property are a few factors that affect its rental amount. The cost of acquisition, maintenance, and operations is to be borne by the tenant in the case of commercial properties. Besides these, commercial property becomes lucrative when the location and the brands it has been desirable.

Time v/s money:

In every investment, the risk lies between time v/s money. In commercial real estate investments, the duration of the lease is long. Speaking of whether one should or shouldn’t, there are both upsides and downsides to it. The numbers look high for renting a commercial real estate property but only a few people can afford to own such a space. Further, it boils down to a lot of the above-mentioned factors such as location, associated businesses, type of property, connectivity, and of course market conditions.

A downside in the time v/s money equation in commercial real estate investments is the longer duration of vacant properties. The tenants must turn up for the location and condition of the property.

Condition and future plans:

The condition of the property and future plans of an investor can determine the course of investment. For example, whether semi furnished flats for rent in Bahrain are available or unfurnished, will determine the rental yield. The condition of the property and future plan of the investor will attract a particular kind of business.

The advantages of commercial semi furnished flats in Bahrain

Are you a business owner looking for a convenient and flexible space to set up your operations in Bahrain? Consider renting a commercial semi furnished flat! These flats provide an ideal solution for businesses seeking a ready-to-use space with essential amenities. Commercial semi furnished flats in Bahrain come equipped with basic furniture, fixtures, and appliances, allowing you to save time and money on outfitting your office or retail space. With the flexibility to personalize and customize the layout according to your business requirements, renting a commercial semi-furnished flat offers a convenient and cost-effective option for establishing your business presence in Bahrain’s thriving market.

Market conditions:

The market conditions are subject to a gazillion factors. These factors will influence the rental percentage. While a few tenants will be capable while others may not be financially equipped to live up to the fluctuations. However, there are landlords who in order to keep the tenants yielding rental income have different comfortable schemes to hold their tenants.

Overall like any investment, there are pros and cons of investing in commercial real estate too. If any investor is capable of bearing the slight fluctuations of the market and sustaining it, it’s a good option. For example, an investment of 5 to 6cr is likely to yield 15-20 lakhs of annual rental income. So, choose your investment strategy wisely! Please contact Iris Property Management to inquire about investing in commercial flats in Bahrain. Our property agents are happy to assist you at any time.

Apr

Should you look for offices for rent in Bahrain? Let’s do pros and cons

Posted on April 10, 2023 in Blog

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Commercial spaces are growing vertically. People prefer to be in a commercial building than own that customized office in an exotic location. The pandemic has already shifted gears to hybrid working or coworking. So your workforce also might demand work from home rather than an office. In this context, it is wise to look for office spaces for rent in Bahrain. On the contrary, the ownership of any space uplifts your confidence. So having spoken of both, which category should you stick to? And most importantly how do you do it? Here’s more to offices for rent in Seef.

1. Finances: Every business starts with the basics of getting its finances right. A big chunk of your business finance is likely to divert towards office expenses. Installation, brand messaging, marketing board, facilities, etc. add up to huge costs. A rented office, however, can lower these costs owing to multiple players in the commercial space. Think of cutting down costs from the process of a property and interior consultant and getting all those installations done, to simply moving in.

2. Location: Seef district is a business location in Bahrain with multiple offices of MNCs. So unless you have enough wealth to build your customized office at just the epicenter of the business area in Bahrain, it is wise to look for offices for rent in Seef. With numerous offices in the commercial complex, the location is known to be a renowned place. So your business receives attention and reaches numerous people.

3. Amenities: Modern-day offices elevate the employee experience by providing numerous amenities. From a stocked pantry to Wi-Fi, secured parking, communication, etc., the rented office in any commercial space has it all. It is likely to add up to your employee’s productivity. They will feel good and contribute to work satisfactorily. More than these, the services offered by the landlord can be a great place to make friends too.

4. Networking: This factor is crucial to any business. The more you network, the more it is likely to widen your business’s reach and enhance the scope of new business leads pouring in. It is most likely that in a commercial building, while glancing through your business’s name, people will at least register the name. During festivals and corporate events, you can always get or share help with other businesses and build your reputation.

The only con of not owning your office space is the inevitable increase in rental income. Every year the landlord will accommodate the inflation through a rise in the rental amount. This situation can be tricky if your firm isn’t growing at the pace you had worked it out on paper.

However, renting an office space is a good idea for startups and medium-sized businesses. It especially makes much more sense when you are a startup and just starting. In any condition, if you were to look for offices for rent in Bahrain, consultants at Iris Property Management have the best offices to suit your needs.

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.

Sep

Things to Know For Office Rent in Seef

Posted on September 26, 2022 in Blog

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Ensure your workplace supports your team and gives you the space to develop and flourish. Before leasing your first office space, take the following factors into account.

Dedicated office for rent in Seef is always in demand for businesses to function. But many people who run businesses nowadays are quite pleased to do their job from their homes or even from shared office spaces. You could save dollars and time if your company could operate in one of these settings.

If you find that having a separate workplace is really essential for you, then the location of the office space that you rent for the first time should definitely be your top priority. It would help if you first ensured that your teammates could easily commute to the office. Alternatively, if you do not yet have a staff, pick a location close enough to a talent hub.

When choosing a site, it is important to keep your clients in mind as well. Are freeways or other public transportation conveniently accessible from the office complex you’re considering? Will they have no trouble finding it?

The amenities nearby can also affect where you locate your first office. Your staff will likely like working in a location that is at least proximate to eateries and coffee houses. Additionally, you’ll want all those locations close by if you frequently need to contact them for work, such as banks or meeting rooms.

For a novice, the office space search process can be daunting. However, if you locate a commercial spaces for rent in Seef or a property agent who is knowledgeable about the surrounding Seef properties in Bahrain, they may make the entire process much more straightforward. To find somebody in your target neighborhood, ask or search a website. Not all offices are as precise as described. Additionally, some could need some renovation before you can move your belongings in. You must ask these questions to know precisely how the place will appear if you decide to lease it. Be sure that you are familiar with the manner of delivery for the available space. Do you need renovations like paint and carpeting, or do you need to add or remove walls and doors? Who will cover the cost of these upgrades?

Conclusion

You should be aware of what can occur if you do have to cancel your contract, just in case. In case anything changes throughout your lease term, be sure that the place has any fees or other consequences. All the process can be simplified by just connecting with the Iris Property Management Team, who’ll take care of your office space requirements.

IRIS Property Management W.L.L

Tag Archives: commercial spaces for rent in seef

Is Bahrain an Ideal Destination for Expats to Renting Commercial Flats?