IRIS Property Management W.L.L

Tag Archives: property agents in bahrain

Property finder in Bahrain Amwaj

Looking for a 3 bedroom apartment in Amwaj Island? No need to keep looking! This seaside location, with its impressive collection of features and amenities, is perfect for those in search of peace and convenience. Whether you’re looking for a luxury beachfront villa or a sleek high-rise apartment with panoramic city views, Amwaj Island has it all!

Let’s track down Amwaj Islands’ value!

  • Amwaj Island consists of 6 islands and offers a unique lifestyle and living experience.
  • Apartments for rent + healthcare facilities + modern education and learning
  • Average price for apartments for rent is 450 BD(I BHK) 635 BD,(2 BHK)920 BD, (BHK)
  • Iris Property management is the property finder in Bahrain Amwaj, best for 3 bedroom flat for rent in Amwaj.

The procedure for buying a property in Bahrain

  • The procedures for purchasing property in Bahrain are similar to those in other parts of the world.
  • Foreign nationals are permitted to own freehold residential properties in certain locations and can buy residences constructed on reclaimed ground in places like Juffair, Seef, Amwaj Islands, Reef Island, Durrat Marina, and Durrat Al Bahrain
  • Expat investors, property owners, and retirees can apply for a Self-Sponsorship Residence Permit as a freehold property owner for life.
  • There is an annual increase when renting an apartment in Amwaj islands, up to 10%. Thus flats for rent on Amwaj Island are economical!

Why Iris Property Management?

15 years renting luxury homes to happy tenants. After a decade of leasing properties and building customer loyalty, we understand their expectations. We outperformed.

Undefined 1 BHK

Two people share one-bedroom, two-bathroom apartments. Home needs space and proximity. Healthy relationships respect closeness and distance. All luxury one-bedroom apartments have two bathrooms.

Limitless innovation

We renovate, re-innovate, and maintain homes for an otherworldly experience. Each rental includes central air conditioning, fiber optic internet, an open kitchen in your preferred style, and maintenance.

Customer-centric homes

Luxurious and location-based. A kid-friendly apartment complex is five minutes from an International School, hospitals, a retail and dining district, and the airport.

Elegance

A well-equipped indoor and outdoor pool, private parking, 24/7 security, reception, and CCTV are available. A movie theater, steam room, sauna, games room, playground, basketball court, BBQ area, squash room, 24-hour store, and coffee shop are also available. We use cutting-edge technology. Dishwashers and smart washers relax you.

Extras

  • Spacious living and dining area; modern open kitchen; 3 bedrooms; 5 bathrooms
  • Maids’ room
  • Laundry Large Terrace/Balcony
  • Separate gym for ladies
  • 10 years’ Service Charge Free(Selected properties only)

Non-Bahrainis who own freehold property are eligible to receive residence permits through personal sponsorship, with a total value of at least BHD 50,000.

The applicant must have a current health insurance certificate, an accurate passport copy, a legible copy of the ID, a certificate of good behavior and behavior, a duplicate of the lease contract, a certified copy of the company’s articles of incorporation, and a source of income that provides at least 500 Bahraini Dinars (BD) per month. Amwaj has something to suit your needs and your budget. You can find a rental that suits your needs, whether it’s a quiet place to unwind after a hard day at work or a sunny spot to get some vitamin D. Don’t put off contacting us any longer; we’d be thrilled to assist you in making your ideal relocation a reality.

property agents in Bahrain

If you want to hire property agents in Bahrain, you should be ready to show your house within a few weeks and have taken care of all the important financial matters. This requires a while, and depending on how your home is set up (and your financial situation), it can take a long time. First impressions are crucial in the property world Bahrain, so avoid making a lousy market entry. Before deciding on Bahrain real estate agents, you should go through the following stages.

Get a Mortgage Pre-Approval from Property Agents in Bahrain

Before you hire a real estate agent, you should first look into your financing options. Your ability to purchase a home depends on various factors, including the length, cost, and rate of return of your mortgage.

Also, remember that being pre-approved for a mortgage is different from being pre-qualified for one. Even though debts, income, and assets are looked at in both stages, only a formal mortgage application is needed for pre-approval.

Market Research

The price range of residences you should look into will depend on the mortgage for which you have been pre-approved. However, if you are also selling, you must know the local market for similar properties. Remember that even if you can research real estate advertisements in print and online, all you will learn are the asking prices. By asking a real estate agent, you may find out how long homes have been on the marketplace, if there have been any price cuts, and most significantly, the final selling prices.

Even though market research is crucial, wait a while before falling in love with any particular property. When you’re ready to buy, there’s a reasonable risk the property world Bahrain won’t be available, especially if you have to sell your property beforehand. Subject-to-sale offers, or “yes, but…” offers as they are known in the real estate business, are less likely to be accepted by a seller than offers with sound financials.

Create an Impression

Most of us have watched enough episodes of “Trading Spaces” to be familiar with house staging. It would help if you also made a good impression on your real estate agent. Did you know that? When you have your house ready for an open house before an agent comes by, the agent will be able to see your house’s full potential and will be able to sell the house more effectively.

Unexpectedly, a clean bathroom will go a long way when selling your house. A neat place conveys pride of ownership and suggests that it has been well-maintained. For instance, the design of your entrance matters as much as any other interior feature. Ensure that your door, mat, mailbox, and trim are immaculate. While you might not notice the dust and insects in your daily life, observant home buyers might be turned off by your poor housekeeping. Dust and insects love light shades and fixtures.

Conclusion

The above points are to be remembered before seeking Bahrain real estate agents. You can connect with IRIS for all your real estate-related queries. IRIS was created 15 years ago with a dedication to professionalism and client service. We provide unmatched real estate services for purchasing, selling, renting, and maintaining residences and commercial properties in Bahrain.

bahrain real estate market

With the real estate market booming in Bahrain but not as projected, due to the obvious reasons of the pandemic, the Bahrain property market is seeing a surge in sales of affordable yet big size housing solutions. Whether it is an apartment or a villa, people are looking for spacious properties with less cost. The average drop in luxury villa prices is recorded to be about 1.2% every quarter of 2021.

While you must consider these places and facts that come in handy to get acquainted with Bahrain’s property market, investing in real estate becomes a lot easier.

1) Rise in commercial properties in Bahrain Bay:

The Kingdom of Bahrain has consistently made a significant contribution among the GCC for businesses to build a base here. With the foundation of RERA in 2018, beyond hospitality and tourism, Bahrain has seen a number of real estate investors approaching a variety of industries to begin a wave of revolution. Many successful businesses want to expand their branches in Bahrain due to its lucrative and fair trade policies. Offshore REITs investing companies aim at setting up in Bahrain bay due to its close vicinity to the Bahrain international airport and a host of five star hotels. Bahrain Bay’s strategic location is close to the Bahrain Financial Harbour from the Al Fateh highway and connects King Faisal Highway to the old Manama souk. This makes it ideal for carrying out business related activities smoothly. Bahrain Bay’s architectural significance is that the design of the ripples has been planned by the same American architectural firm who planned the world’s tallest building, Burj Khalifa.

2) High-end vs dated properties:

As there is a lot of surplus in the rental market, Bahrain real estate agents such as Iris Property Management have noticed that only high-end properties are fetching good rental prices. Whereas the dated old properties are not getting adequate rent. The Seef district was originally created as a land reclaimed area in Manama. But due to its strategic location in the commercial center and the heart of the capital of Bahrain, Manama, its residential land, property and rental prices have surpassed all the expectations. Bahrain’s expatriate community is interested in the purchase of properties from the ten freehold areas in Bahrain like Amwaj island, Abraj Al Lulu, Al Juffair, Al Reef Island, Durrat Al Bahrain and Durrat Marina. Those renting out or leasing might want to consider Amwaj Islands, Juffair, Adliya, Seef, and Reef Island.

3) Real Estate Investment in Bahrain yields 6% more than USA and Europe: A lot of investors in the Gulf countries have reported that they have yielded 6% better rental returns than USA and European economies even during the pandemic. The relatively stable economy and the real estate market of Bahrain with Bahraini Government creating policies in the interest of the investors and property owners from time to time has helped Bahrain’s real estate market to bounce back. When it comes to investing into the property market in Bahrain, the right action at the right moment reaps rich dividends. Get in touch with Iris Property Management before it’s too late and begin investing in the Bahrain real estate market today!

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