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Bahrain real estate investment

Finding Chances in the Real Estate Boom in Bahrain

Bahrain is becoming a big name in real estate. Property sales, home values, and business opportunities have shown significant growth in recent times. Real estate deals surged to a substantial BHD 1.2 billion (US$3.2 billion), marking a 14.5% growth in the first half of 2023.What’s causing this rise? This blog talks about that, the best places to spend money and how important real estate agents are in this hot market.

What caused Bahrain’s house prices to soar?

Bahrain’s real estate market is very strong for many reasons. The kingdom is a great place to invest in real estate because it has a strong economy, a strategic location, an environment that is friendly to investors, is safe and stable, and the government is working to improve infrastructure and create jobs while also promoting tourists.

Ideas and Trends about the Market

The value of all real estate deals in 2022 was BHD 4.8 billion, which is about $12.6 billion. Every house cost around BHD 1.2 million ($3.2 million) in the first half of 2023. Because foreigners don’t have to pay extra taxes on real estate investment and Manama, Muharraq, Juffair, Seef, Amwaj and Riffa are all great places to put your money to work.

The government gives help and works on projects

A big part of what keeps the real estate market going in Bahrain is the government. They spend a lot of money on facilities, try to bring in tourists, and make rules that are easy to follow.

Navigate the world of real estate with the assistance of Iris Property Management

How to get the most out of economy and occupancy when managing properties.

The main responsibility of IRIS property managers is to ensure the smooth operation of the projects they oversee, increasing occupancy and generating a steady income. We offer high standards, tight budgets, and good communication through a strong Property Management system. Our property managers oversees the building’s operations funds and support staff. They also serve as the primary point of contact between owners and tenants in pricing negotiations.

Maintenance on properties is easy and works well.

A group of qualified repair engineers works for IRIS to take care of properties without any problems. They provide customized services that pay close attention to details.

Businesses that sell and rent properties can maximize their revenue by employing Iris’s intelligent marketing strategies.

Our team has been working in the Bahrain real estate market for 15 years, and with this experience, we can assure our clients of achieving high occupancy rates and profits in their properties. We evaluate properties in a systematic way and give help on what prices are fair in the market. We also leverage our extensive experience and network for the sale and rental of homes and all other types of properties.

Home Owners Association Management: Making It Easier to Handle Money and Office Work

Our hardworking Home Owners Association Managers handle all the papers, money, and running the group. As part of their services, they set up associations, handle finances, run companies, and keep an eye on subcontractors.

You can get ahead with our help.

  • Check how the market is doing and make changes to the plans you already have.
  • Smart advertising on websites in your own country and others
  • Get press attention and join important groups
  • Details about leads, returns on investing, and the market
  • Background checks on renters and promotions to business accounts
  • Helped events give people in the area good skills and chances to meet new people.

You can look at the options, learn about the market trends, and start your successful real estate journey in Bahrain with our full help. Let IRIS Property Management be your trustworthy partner as you make the most of Bahrain’s growing real estate market.

Source about the Bahrain Real Estate Market

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.

Overview of bahrain property market

The Economic Vision 2030 initiated by the government in the late 2000s was the boost that Bahrain needed. It expanded Bahrain’s economy in terms of resilience, diversity, and competition globally.

Tourism, banking, logistics, and manufacturing were a few of the strategic industries targeted by the plan because of their impact on the property market. The construction of large-scale public works like the Bahrain Bay Development and the Dilmunia Health Island has now resulted in thriving new neighborhoods and increased interest in real estate.

With its economy boosting a large number of businesses came and opened avenues for their businesses. After the pandemic, real estate investments in Bahrain surged in value.

Prices for luxury apartments rose by 5% Bahrain’s real estate sector showed a strong comeback, boosting the economy even after the pandemic. Presently, the Prices for luxury real estate have gone up high. High-quality assets now are the norm.

Bahrain’s primary wealth comes from oil and petroleum. The global oil demand keeps rising as a result there is an endless cash flow.

The luxury real estate sector is estimated to be valued at over a trillion dollars worldwide. We promise to explain everything as soon as possible.

Rents have been in demand since individuals discovered the cost of living to be 17% less than in the United States. The cost of living here is even cheaper than in other Gulf countries’ megalopolises. This means you will reap profits even in a metropolitan area in Bahrain

Villa developments remained popular in the residential sector, with mid-range home prices increasing by 5.2%. However, demand for premium developments has been hampered by the higher cost of borrowing, resulting in a quarterly decline of 1.3% in the value of luxury apartments. As end-users continued to tighten their belts, the demand for moderately priced and inexpensive villas remained robust in the rental market. In the office market, demand was robust for both middle- and upper-tier buildings, and rents rose by 15% annually.

The rental industry has generally tracked the sales market in its upswing, with villa rental prices increasing by 4.5% year over year, reaching an average of BHD 1,139 per month. The number of new company registrations increased by 35.4% annually. The economy expanded more as a result of this.

It’s becoming increasingly apparent that the island nation of Bahrain is prepared to create its future through a commitment to environmentally responsible and technologically advanced real estate development. Its laws favor the landlord and the tenant Rent increases after every 2 years according to the lease law in Bahrain. It can go up to 5% for renting homes and 7% for homes for small and large businesses. Any correspondence regarding rent must be made at least three months in advance. This doesn’t make it burdensome for the tenant.

Cost-benefit analysis calculation: No portion of salary will be taxed away only the yearly tax obligation will be the 1% that goes towards social insurance. Thus they end up saving a lot of money because of this.

There are parts of Bahrain where one is allowed to own land. This adds to the leverage. Freehold property worth at least BHD 50,000 is required for a non-Bahraini to qualify for a residence permit through personal sponsorship.

Iris property management in Bahrain has more than 2000 satisfied clients and over 20 years of experience. Visit the website to know more!

real estate in bahrain

Bahrain is a beautiful country that boasts its luxurious real estate sector. New policies, government support, foreign investment, and interest from nearby countries have pushed this sector. It has significantly risen after the pandemic and affected almost every other industry.

However, the current situation is far from that and shows a rising story. There are so many factors to this and as an experienced real estate company Bahrain, we can surely suggest you buy real estate in Bahrain. It is most likely to get you great returns.

Read on to know more.

  1. Government policies: Bahrain’s government is a pro-real estate. They are coming up with a lot of policies, and changes in RERA and offering schemes like Golden Visa wherein ex-pats are promoted to invest in real estate.  The policies are developer friendly as well. In terms of taxes too, this country is tax-free. So overall it’s a good sign for both the suppliers and the ones seeking demand.
  • Foreign investment: Interestingly the surrounding GCC and other countries are showing great interest in real estate Bahrain. Liberalization in foreign ownership of real estate projects further pushes the real estate sector towards growth. The golden visa scheme is another promoter in this domain.
  • Economy: The GDP of Bahrain is on the rise. Various reports and statisticians present the best picture ahead. The real estate sector is the major contributing sector to it.
  • Rental yield: If one were to believe the reports, the rental income from real estate in Bahrain yields around 7% income. So investing in any real estate project in Bahrain turns out to be a profitable business. Zero taxation on rental and property is another interesting factor that is an enticing factor.
  • Developmental programs: The stakeholders that are a part of this real estate economy continue to bring and discuss better initiatives. These initiatives are quite important for helping the real estate sector to grow. There are roundtables and investor initiatives happening to lobby for better real estate development and offerings.  
  • Tourism sector:  The tourism sector in Bahrain is growing more rapidly than expected. It is more so after the pandemic hit. Everyone is trying to explore newer and less commonly known places. Bahrain turns out to be a perfect place with varied offerings from entertainment, luxury, shopping, and relaxation. It is attracting investors and real estate developers to cater to the diverse interests of people.

IRIS Property Management has always been on the top when it comes to projecting trends and giving a reality check of the realty. Our core services include property management, facility management, property maintenance, sales and leasing, and homeowner’s association management.

We continuously strive to help our wide range of customers to make the best choice. Decades of experience in real estate Bahrain have got us a renowned name. We would suggest consulting with our team of experts who can guide you in choosing and managing your real estate in Bahrain.

Top real estate companies in Bahrain

There are many foreign investors who are choosing to invest in Bahrain over Dubai for several reasons and real estate companies in Bahrain are more than excited to offer you with the best commercial real estate investment opportunities. The pool of skilled talent available in the Kingdom of Bahrain is now attracting foreign investors who trust Bahrain over Dubai because of the fact that the cost of living in Bahrain is a fraction of the price to Dubai. Starting a venture in Bahrain is easier as an expatriate as the laws are favorable alongside the commercial real estate. Not just so, but hiring talent is cheaper in Bahrain than Dubai as well as residing at your own home is also possible with little money than Dubai. Many top industry leaders in the world have already set a foot and made their mark in Bahrain due to its business favorable climate.

Discover why the top 5 real estate companies in Bahrain are ready to help you choose the perfect property to get started with business in Bahrain.


1) Real estate accounts for 6% of Bahrain’s GDP rising with a rate of 2.3% year on year


While real estate is not just an appreciating asset with great returns but an income generating asset class as well. Bahrain’s real estate boom is apparent from the fact that the restrictions have been lifted post COVID and there is a major recovery seen in the tourism sector. The appreciation expected in the real estate sector is 8-10% as these are the numbers from the past.

2) Retail, F&B and community sectors are booming with market being undervalued in 2022


Major food chains across the world want to start their business in Bahrain as the market is progressive. Buying real estate during the time it is undervalued helps long term capital gains and build assets. Similarly, the retail and community sectors have seen an increased buying with a dip in Q2 2021. This is helping investors to take the opportunity for increased real estate buying as well as make the most out of the market conditions.

3) Bahrain offers Residency by Investment in real estate


If you own a property worth 200,000 BHD, you can avail a Golden Visa allowing you a residency by investment in Bahrain. This golden residency is available for all nationalities around the world without any exception. This golden opportunity allows you to bring in family members including father or mother, wife and children, as well as grandchildren while working in Bahrain. Apart from this, for 70000 BHD property owners, residency by investment will apply for a span of 10 years with less privileges than a golden visa.

4) For Expatriates, cheap real estate in Bahrain accounts for tax free residential permit


Although the expenses of utilities have a major price difference for natives and expatriates, cheap real estate for expats in Bahrain is the gateway to a tax free residential permit. Which is one of the reasons why the top real estate companies in Bahrain like Iris Property Management highly recommend purchasing own property in Bahrain for commercial as well as residential use. The culture of Bahrain is relaxed for the expatriate community here providing freedom to carry out trade and business effortlessly.

5) Today is the right day


When it comes to the present market conditions in the real estate sector, the increased buying from expatriates across the country has led to a weak property market. This is the ideal condition for property purchase. When the supply of real estate will diminish, the property market will be at an all-time high, leading to scarcity of properties to purchase. Connect with Iris Property Management for your prosperous real estate investment at great prices.

Final Thoughts:


Discover the real reasons why everyone is crazy about investing in real estate in Bahrain over Dubai. Some of the reasons include Bahrain’s real estate market share in GDP is rising, commercial real estate market is undervalued means the right time for buying, golden visa perks for residency in Bahrain, cheap real estate perks for tax free residency in Bahrain and the right moment to invest in Bahrain’s real estate market. Connect with Iris Property Management to start investing in real estate in Bahrain today!

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