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Source about the Bahrain Real Estate Market
17
Aug

Your Best Source about the Bahrain Real Estate Market – Iris Property Management

Posted on August 17, 2023 in Blog
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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.

fm companies in Bahrain
21
Sep

Introduction of FM Company in Bahrain

Posted on September 21, 2022 in Blog
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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
16
Aug

Top 5 Reasons to Buy Property in Bahrain Right Now for Business

Posted on August 16, 2022 in Blog
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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.

unfurnished apartment for rent in bahrain
17
May

Find a perfect home for your family with our furnished flats for rent in Bahrain

Posted on May 17, 2022 in Blog
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People often get confused between the two terms ‘house‘ and ‘home” and use them interchangeably while talking about living spaces. But these two terms are very different and have distinct meanings. While we dig into details, one must understand a house can become home but a home can never be a house.

Difference between a house and a home

A house is a room with four walls, a roof and a floor, whose main purpose is to provide a space for habitation. It protects us from the outside and fulfils our basic requirements. All a person needs to build a house is knowledge, money and material and not love, which is the essential part of a home. 

A home is not just a place but also a feeling. A feeling of security, acceptance, belongingness and love. It is a place of refuge, which has a person’s belongings kept in a manner that provides comfort. A home tells a story about the ones living in it. Every element of a home expresses the interest of a person or a family. However, it is important to understand that a home is not merely made of things that a person or a family put in it, it is the love and connection that makes a living space a home. 

A person can live in a house and yet not feel at home or be at someone else’s house and feel at home. We here at Iris have the perfect and cozy space for you in the best localities of Bahrain where you could turn your apartment into a love-filled home. We have a variety of apartments on rent for you to choose from.

We offer fully furnished flats for rent in Bahrain for those willing to live alone. For families, we have semi furnished flats and unfurnished apartments for rent.

Perks of choosing IRIS Property Management W.L.L.

We at IRIS have been in the business for decades and have provided beautiful apartments to our clients. We are in contact with several builders and societies to offer you the best living space that you always desired. 

All our apartments are well ventilated with at least one balcony. We understand how the morning sunlight not only brings light but also good vibes into a home. 

Our furnished flats are designed by professionals who made sure not to waste a single corner and utilize the entire space it to make homes more cozy and beautiful.

If you are looking for a home, we can definitely assist you with all your requirements. You can contact us or visit our website for more details.

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