IRIS Property Management W.L.L

Tag Archives: flat for rent in bahrain

2 bhk flat in bahrain

We all know buying a 2 bhk flat in Bahrain is more than the worth money, especially for expats. Interestingly, Bahrain is the country where you can benefit from 100% foreign ownership! Certain areas like Juffair, Seef, and Amwaj offer numerous freehold 2 BHK flats and apartments for rent. Moreover, Bahrain’s real estate offers more than just high profits.

Did you know the gross return on rental yield is 7%? Also, the fact there are no taxes on rent or property makes this site a gold mine! Sure, you have to pay tax, but that is only social insurance tax, which is 1%. Also, the Real Estate Regulatory Authority (RERA) has made it easier for Bahrainis and expats to look for two-bedroom flats for rent in Bahrain. RERA ensures Bahrain real estate operates with fair prices & rules. Thus, it’s a win-win situation for the consumer buying or renting 2 BHK apartment.

Why choose to buy or rent a 2 BHK flat

Most families are nuclear families today, that is, parents and kids. Almost nobody lives as a joint families. Also, today, Parents have up to two or three kids. Thus, a 2 BHK flat is perfect under your budget because 3 BHK flats are much more expensive than the others. A 2BHK also gives you a decent amount of EMI you must pay yearly. And if the 2 BHK you are buying is an investment, it is a gold investment. With the rental yield every month, you can use it to save it for your child’s future education, foreign trips, or sometimes luxury. It is, thus, one package that you cannot avoid.

Moreover, if you’re single or a couple, a 2 bedroom apartment offers more comfortable living space compared to a 1BHK. Prior to committing to a rental, assess the living room and kitchen areas. Also, explore the best monthly rental options that align with your budget.

However, hiring a property manager like Iris Property Management can help you secure discounts on rentals and leasing.

Choosing Iris offers the convenience of buying or renting real estate while also gaining access to property management services. Plus, you can negotiate prices further due to the inclusion of additional property management services. With Iris property management, you can ensure high rental yields, privacy & luxurious apartments at a decent cost. It’s the 15 years of impeccable service that you can’t compare with anybody else. Our first customers still buy or rent properties from us today.

Another standing out is that all our apartments are close to big businesses, malls, supermarkets, playgrounds & so on. So, we ensure our customers get a blend of fun & necessities from a few miles away. We love it when our customers talk about their experiences. These include gyms, elevators, balconies, terraces, 24×7 security and other facilities.

Conclusion: Iris Property Management can help you find the best two-bedroom flat to rent in Bahrain so you can stay close to family and friends. By working with experts like Iris, expats can find the right home that fits their budget and has all the amenities they want.

daily rent apartment in bahrain

Consider leasing one when you are in a dilemma on whether to purchase or rent an apartment. These things happen, especially when residing or living in a country like Bahrain.

This blog will explain why choosing a property firm like Iris Property Management is a good idea. Owning a home in another country where you might live for a few years is not just for everybody.

There are too many hassles that you would want to think of. You need to know why you want to purchase a home or apartment in Bahrain. Why may you want to daily rent apartment in Bahrain?

Doesn’t it sound cheaper to pay rent for a few years and then walk away without any responsibilities? Because if you buy a house, you have to take care & maintain it.

Let’s explore the benefits of renting an apartment instead of buying a house or condo.

You do not need to pay a down payment.

Buying a home or apartment in Bahrain is no small feat. It depends on the location and the region where you want to buy. Supposing you want to get a home in the main area of a city, then be prepared to shell out a lot of money.

However, it can be relatively cheaper when you get a home on the outskirts of the city and towns. But that will keep the responsibilities that come with a homeowner. Besides, paying a down payment can be a huge investment.

Typically, banks or financial firms will expect between 20%-30% down payment upfront to complete the purchase. Keep an eye on the Amwaj villa apartment for daily rent.

There is no need to pay any additional tax

You only have to pay monthly rentals; there is no question of paying any tax. You see, when you are not the owner of a home or property; then there is no need to worry about taxation in the Gulf region.

Sometimes, taxes can eat into your savings, and you might end up with much less. You do not have to worry about high credit card balances and your payment history. These come included on your credit report.

Your utility costs are low.

Even if you choose to take a 2 bhk flat for daily rentor a large home for rent, they cost cheaper than maintaining it. You do not have to pay entirely for the air conditioning and heating equipment.

They already come furnished; you need to use them for as many months or years as you reside in Bahrain. You do not have to purchase new equipment and kitchen appliances. They come with a rent or lease agreement.

As you can see, leasing or renting out a property in Bahrain is much cheaper than buying one. Please call or email us with your property requirements, and our team will get back to you with the best suitable solution.

unfurnished flat for rent in bahrain

Fortune moves both ways with an unfurnished apartment for rent in Bahrain available at Iris property management. Want to know how? Let’s step at home!

Perks of an unfurnished apartment for rent in Bahrain for the tenants

  • Lower Rent: Unfurnished apartments typically have lower rental costs than furnished flats, which can save tenants money in the long run.
  • Personalization: By renting an unfurnished apartment, tenants have the freedom to personalize the space according to their own tastes and needs, which can create a sense of ownership and comfort.
  • Flexibility: Unfurnished flats allow tenants to choose their own furniture and appliances, giving them the flexibility to select items that suit their lifestyle and budget. These furnished designs can be revamped anytime. Landlords don’t hold you accountable for their furniture as it is unfurnished.
  • Lower Utility Costs: Unfurnished flats often come with lower utility costs as tenants can choose their own energy-efficient appliances and lighting options.

Perks of an unfurnished flat for the landlords

  • Lower Initial Costs: Renting out an unfurnished flat allows landlords to avoid the upfront costs of purchasing furniture, appliances, and other furnishings, reducing their initial investment.
  • Long-Term Rental Stability: Unfurnished flats are typically rented out for longer periods, as tenants are more likely to settle in and establish a sense of home.
  • Reduced Maintenance: Furnished apartment require regular maintenance and upkeep, including cleaning, repairs, and replacement of furniture and appliances. In contrast, an unfurnished flat can be less demanding in terms of ongoing maintenance, saving landlords time and effort.

Best deals for tenants at Iris

IRIS Property Management is leading the way in projecting trends and giving a reality check. Property management, facility management, property maintenance, sales and leasing, and HOA management are just some of the many services offered by Iris Properties to assist clients in making the right decision.

Invention without bounds

For a truly otherworldly stay, we renovate, re-invent, and manage your home. All of our rentals come with central air conditioning, fiber optic internet, a fully equipped kitchen designed to your specifications, and regular maintenance. You have the option to choose between furnished and unfurnished flats.

High-end and location-specific housing options for the customer

An International School, hospitals, a shopping and dining hub, and the airport are all within a five-minute drive of a family-friendly apartment complex.

Elegance

Both an indoor and outdoor pool, as well as private parking, round-the-clock security, a lobby, and CCTV, are accessible. A movie theater, sauna, steam room, games room, playground, basketball court, barbecue area, squash room, 24-hour convenience store, and coffee shop are all available.

Landlord advantages

  • Find tenants in a quick time: We are pleased to report that our selected projects are 90–100% occupied thanks to our successful multi-national leasing team.
  • Real estate experts’ guidance: Our property agent is at your aid anytime anywhere. Our marketing strategy begins with a thorough assessment of the structure and each unit.
  • Real time update on current market rates: Stand out from the competition and price it an unbeatable resale value. We can provide advice regarding the market rates that can be achieve.
  • Legal costs are covered by us
  • Smooth transactions of payments: Secured, safe and speedy transactions.

What’s more?

  • Latest updates in the real estate market sector
  • Promoted advertising via local & foreign online marketing portals:
  • Local and foreign advertising through banners, sponsors, and featured listings
  • Press coverage in print media
  • Lead reports, ROI, and market research delivered weekly and monthly
  • Promotions for business clients
  • Background checks on all tenants’ safety
  • A solid local presence maximizing exposure with outside agencies through sponsored event

Are you too looking for such an advantage? Then contact Iris Property Management today!

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May 2024
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