IRIS Property Management W.L.L

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real estate company bahrain

Bahrain stands out as the prime GCC country for real estate investment. Explore lucrative opportunities in this thriving real estate market. Even remote areas are seeing massive developmental plans and strategies from the government. The government is coming up with new real estate plans for the entire kingdom.

So, if you are planning to invest in real estate in Bahrain, then you may want to know a few things.

Why do people invest in real estate?

But first, why do people invest in real estate? Compared to most investment plans for an individual, the real estate market is one of the sectors that you can consider in investing. Moreover, people want to invest in homes, apartments, and other forms of real estate.

Having real estate is like a backup plan in case something goes haywire with your life. It has more value than investing in gold and other precious metals. This has caused a major leap in the Bahrain real estate market.

Today, you can find several options to invest your money, like mutual funds, stocks, and even fixed deposits. However, investing in real estate is one of the most reliable sources & avenues of income, which is profitable too.

Benefits of investing through a real estate company in Bahrain

The best way to invest in real estate would be to contact a reputed real estate company like Iris Property Management. We can provide you with phenomenal real estate services, without no hidden rates or agendas.

1)      You get the real deal

A reputed real estate firm that has been operating in Bahrain for more than 10 years, knows the kingdom like the back of its hand. You see, real estate value increase with time, and it can provide you with tremendous amounts of cash when you require it.

Besides, you can also give your real estate property for rent. Rents tend to increase every year depending on the market.

2)      The housing market never crashes

A good real estate firm is aware that the housing market never crashes. That is right. Though the financial crash may happen, real estate remains unaffected. Though it may be dull for a few months, things get back to normal quickly.

3)      There is a good cash flow

There is good cash flow in real estate. The investment that you have to do is quite less than the ROI. Once you are done with the operational and other mortgage payments, you will see the cash flowing.

This offers you with a steady income every month or year. Moreover, when you face a financial emergency, you can sell the real estate property, and take care of things. One must be prepared for emergencies.

4)      There are plenty of tax benefits

In the Gulf region, there are plenty of tax benefits for homeowners. Moreover, the government provides tax breaks for maintenance costs, insurance, and property depreciation. You can get low tax rates for a long-term investment.

As you can see, real estate is one of the best investments that you can do for yourself & your family. If you are keen on investing in real estate in Bahrain, then please do give a call to Iris Property Management to find out more.

property management companies in bahrain

One of the hottest markets in the world is the real estate market. However, in the Gulf region, it is a multi-billion-dollar empire. In Bahrain, which is a rapidly developing country in the Arabian Peninsula, several real estate firms can provide you with property management services.

However, not all of them can meet your requirements, and expectations. When you are going to purchase a home or rent a property, then you must choose a reliable firm that can help you out, without robbing your bank account.

How to choose a reliable property management firm?

So, how do you know whether a property management firm is reliable or not? How do you know that they are capable of taking care of everything for you? Since you are dealing with a lot of money, it is vital that do not hasten the process.

You see, a property management firm has several responsibilities and services to provide you with. They have to take care of the seller, buyer requirements, pest control, tenants, and even building maintenance.

Since we are dealing with Bahrain here, most of the properties are apartments and independent homes. But it is heartening to note that many buyers prefer getting apartments for themselves, due to the prime localities, and price quotes.

1)     They are professionals.

As one of the best property management companies in Bahrain, we are professionals in the business. A good real estate firm or agency knows the importance of being professional in the business.

Some firms have hidden agendas or schemes. Hence, the agents or representatives must inform you about everything before you sign on the dotted lines. Moreover, they should not compel or pressurize clients to give in to things.

2)     They have a website.

A genuine real estate or property management firm has a functioning website. Once you visit the website, you know that they are the real deal, and are not there to waste your time. The website is not your ordinary website with the basic details.

You can get images, and specific details like the size of the apartment, home, and other features. These are important for any client to decide on whether they want to buy it, rent it, or lease it out. You can find all the details & information that you are looking for.

3)     They provide polite customer support.

A worthy property management firm provides you with polite customer support and service. You know that they can handle your requirements, needs, and finances. A good firm provides you with exceptional services by exceeding your demands.

As you know, most of the properties are quite expensive. But firms can negotiate with the seller to ensure that it comes within the price affordability of the buyer. This is a crucial feature that you may want to note in a real estate firm.

The above were some of the vital features of a good real estate firm, which is something you may want to delve into before dealing with them. We are the number one building management in Bahrain, why not hire us to see our abilities?

Please don’t hesitate to communicate with us through our toll-free number or email, and we will try to get back to you as soon as possible.

rera association management in bahrain

RERA approved real estate broker

In the realm of real estate, building thriving communities goes beyond the bricks and mortar. It requires a harmonious blend of vision, organization, and expertise. At Iris Property Management, we take immense pride in our commitment to empowering communities through our comprehensive RERA association management services in Bahrain. As a trusted partner, we strive to enhance the quality of living, foster unity, and provide unmatched support to homeowners associations across the region.

A homeowners association serves as the backbone of any community, ensuring seamless operations, maintenance, and a vibrant living environment for residents. With the ever-evolving landscape of property management, it is essential to have a reliable and professional association management team by your side. This is where our expertise as a RERA approved real estate broker comes into play.

RERA (Real Estate Regulatory Authority) is a regulatory body established to promote transparency, accountability, and professionalism in the real estate sector of Bahrain. Being a RERA-approved real estate broker, we adhere to the highest industry standards and guidelines, offering you peace of mind and confidence in our services.

Our RERA association management services encompass a wide range of essential functions, tailored to the unique needs of each community. From financial management to maintenance coordination, we provide comprehensive support to ensure the smooth running of your homeowner’s association.

Financial Management:

We understand the significance of transparent and efficient financial management for a homeowners association. Our dedicated team handles all financial matters diligently, including budgeting, invoicing, and expense tracking. With meticulous attention to detail and regular financial reporting, we ensure complete transparency and accountability.

Maintenance Coordination:

Maintaining a pristine and well-functioning community requires meticulous planning and coordination. Our experienced team takes charge of coordinating maintenance services, including repairs, landscaping, and common area upkeep. We work closely with trusted vendors and contractors to ensure timely and cost-effective solutions.

Governance and Compliance:

Navigating the legal and regulatory aspects of homeowners associations can be complex. As a RERA approved real estate broker, we offer expert guidance on governance, compliance, and legal matters. We assist in drafting and enforcing association bylaws, ensuring that your community operates within the framework of the law.

Communication and Conflict Resolution:

Effective communication and conflict resolution are vital for fostering a sense of unity and harmony within a community. Our team excels in facilitating transparent and timely communication among homeowners, addressing concerns, and resolving conflicts in a fair and professional manner.

Community Engagement and Events:

We believe in nurturing a vibrant and engaged community spirit. Our association management services include organizing community events, social gatherings, and fostering opportunities for residents to connect and build lasting relationships. We strive to create a sense of belonging and enhance the overall quality of life for homeowners.

Partner with Iris Property Management for RERA association management services in Bahrain and experience the difference that professionalism, dedication, and expertise can bring to your community. With our unwavering commitment to empowering communities and our deep understanding of the local real estate landscape, we are confident in our ability to exceed your expectations.

Take the first step towards a well-managed and thriving homeowners association. Contact us today to learn more about our RERA association management services and discover how we can enhance your community’s living experience.

fm companies in Bahrain

When you work with FM companies like Iris Property Management, the maintenance of the facilities on your property will be taken care of by the most reputable FM Company in Bahrain, so you won’t have to stress about it anymore. If you choose Iris as your facility management provider, you can be certain that the company will handle everything from the start to the end.  The firm should have employed facility management experts that will maintain your facilities in pristine condition, allowing you to save money while also lowering the risk of any potential hazards. They need to be comfortable in the settings where they spend the bulk of their time, such as where they work, play, live, and where they go to school.

Main priorities of facility management

The FM team should places a high priority on the fulfillment of our clients and takes its responsibility seriously, company will pay frequent visits to your home to ensure that all of its components, including the woodwork and the furnishings, as well as the electrical, plumbing, cleaning, and air conditioning systems, are in good working order. In addition, the geographic coverage of our services extends throughout the entirety of the Kingdom of Bahrain, including all of its cities and regions. This ensures that we will be able to reach your property promptly, irrespective of where it is discovered or what time of day it is (our services are available 24 hours a day), in order to resolve any problem that may cause you to experience any form of disruption.

Responsibilities of facility management

In the realm of facilities management, one of the most important responsibilities is the upkeep of commercial properties such as hotels, resorts, schools, offices, sports stadiums, conference centers, hospitals, and airports. It’s possible that providers are responsible for things like heating and cooling, utilities, security, maintenance, cleaning, and the atmosphere. You don’t need to stress about a thing since the well-trained personnel will do all that’s required to keep your property running smoothly.

Facilities are operated by handling some of the following activities

  • In order to maintain environmental health and safety in commercial and residential buildings, cleanliness and the appropriate disposal of waste are essential components.
  • Maintain, improve, and landscape an existing garden.
  • Maintenance of mechanical systems, including elevators and heating, ventilation, air conditioning, and refrigeration (HVAC/) equipment
  • Backup generators and emergency power supplies are examples of several types of power sources.
  • The infrastructure of an automated building would often include features such as locks, safes, security alarms, and video monitoring systems.
  • Those devices, like smoke detectors and fire hoses, are intended to save lives and keep people safe in dangerous situations.
  • Tasks related to facility management might include the installation of furniture, office technology, and office layout, among other things. Finally, choose a FM company in Bahrain who can ensure smooth operations.
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.

luxury villas for sale in bahrain

Finding luxury villas for sale in Bahrain with a beachfront and garden is easy with the best Bahrain luxury real estate management companies. One such company offers freehold villas for sale in Bahrain at best deals. Learn more about the facilities you can experience in a luxury villa in Bahrain for sale.

  1. Luxury Villas for Sale at Diyar Al Muharraq:
    Experience the true waterfront living in brand new villas for sale. These villas will be ready to move in by March 2023 and will make a mark with the most exciting kitchen interiors. Get the opportunity to design it the way you want with your favorite designers. It features luxury 4 bedrooms with ensuites. It also features a servant room on the second floor and driver’s room through the garage. It also has a private boat dock for your yacht and an outdoor pool with a sitting area. The prices of such luxury villas for 3 and 4 bedrooms will start from 199,000/- BD to 300,000 BD as per the area of the villa. Get in touch with an expert from Iris at +97335627735 to schedule a tour to the property.
  2. Large Family Luxury Villa for Sale at Amwaj Islands:
    Explore the top luxury villa with 7 bedrooms and 8 bathrooms. It is a premium quality fully furnished luxury villa with a large private pool, big garden, sea view and direct beach access. This luxury villa has three storeys and with each of the seven bedrooms having an ensuite and a walk-in closet. Servant room, driver room, gymnasium, laundry rooms and four main living areas complete with an elevator makes this property one of the most sought after properties in Bahrain. If you are interested in buying this property, it is on sale for a modest price of BD 720,000/-. To schedule a property tour, call Iris at +97335627735.
  3. 3 Bedroom with Ensuite Luxury Villa at Floating City, Amwaj Islands:
    This 3 bedroom luxury villa with ensuites and an extra guest bathroom features a semi open kitchen, dining hall with a large patio. Complete with centralized air conditioning, the bedrooms have a breathtaking water view. Security at Amwaj islands is 24x7x365. Steer through the waters with a private boat mooring. It has a separate maid room for house help. It has an inviting and bright living area for entertainment, family dining and fun gatherings.

Conclusion:
Whether you are a small or a large family, you deserve a comfortable and luxurious life away from everyday hassle. Diyar Al Muharraq, Amwaj islands and floating city on Amwaj islands are the perfect places to find one. If you are interested in visiting these properties to experience the magnificent beauty and make it your own, connect with Iris Property Management immediately. They provide hassle free procedure of owning your dream luxury suite at the best prices in Bahrain. Iris helps you keep your property in pristine condition with their state of the art services alongside the transparent real estate dealings. Enquire now!

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