rental property bahrain Archives - IRIS Property Management W.L.L

property management companies in bahrain

Jul

Reliable Property Management Company in Bahrain – Iris

Posted on July 27, 2023 in Blog

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.

Jun

Discover the Splendor of Bahrain Properties: Unveiling a World of Possibilities

Posted on June 22, 2023 in Blog

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Welcome to the captivating world of Bahrain properties, where luxury, beauty, and endless opportunities await. At Iris Property Management, we take pride in offering we pride ourselves on offering the finest selection of properties in Bahrain, providing you with a gateway to a life of unparalleled elegance and comfort. Allow us to guide you on a journey where exceptional craftsmanship, breathtaking designs, and unparalleled amenities converge.

Property World Bahrain

Bahrain’s property world is a realm of endless possibilities, where architectural marvels and stunning landscapes come together to create a breathtaking tapestry. As the property world in Bahrain continues to flourish, it presents a myriad of opportunities for those seeking a home that transcends the ordinary. As a global hub of business, culture, and leisure, Bahrain attracts discerning individuals who seek a residence that transcends the ordinary. Whether you are a seasoned investor or a prospective homeowner, the best Bahrain properties offer a haven where dreams become a tangible reality.

At Iris Property Management, we understand the importance of finding the best Bahrain properties that align with your unique vision and aspirations. Our team of experts is dedicated to curating a portfolio that showcases the pinnacle of elegance, quality, and luxury. Each property we present is meticulously selected to meet the highest standards and encompass architectural brilliance, sophisticated interiors, and state-of-the-art amenities, ensuring an exceptional living experience for our esteemed clients.

Best Bahrain Properties

Our collection of the best Bahrain properties encompasses a diverse range of options, tailored to suit various lifestyles and preferences. From lavish villas that exude opulence to contemporary apartments that redefine urban living, our collection encompasses a diverse range of choices to suit every lifestyle. Whether you prefer the tranquility of beachfront living or the excitement of a bustling cityscape, our properties are strategically located in the most sought-after neighborhoods, offering convenience and access to world-class amenities.

Investing in the best Bahrain properties not only offers an unmatched living experience but also presents a lucrative opportunity for financial growth. With a thriving economy, a favorable investment climate, and a steady increase in property values, Bahrain has emerged as a hotspot for investors seeking substantial returns. Our team of experts possesses in-depth knowledge of the local market trends, enabling us to guide you toward the most promising investment options that align with your financial goals.

Beyond the tangible allure of our properties, Iris Property Management is committed to delivering an unparalleled level of service to our esteemed clients. We pride ourselves on providing exceptional service to our clients at every stage of the property journey. Our dedicated team of professionals is here to assist you with personalized guidance, tailored solutions, and a seamless experience. We understand that purchasing or leasing a property is a significant decision, and we are committed to making the process smooth and hassle-free.

In a world brimming with possibilities, let Iris Property Management be your gateway to unlocking the true essence of Bahrain’s real estate landscape. With our expertise, attention to detail, and unwavering commitment to client satisfaction, we assure you that your journey toward finding the best Bahrain properties will be an extraordinary one.

It’s time to embark on a new chapter of your life, where luxury, comfort, and sophistication intertwine. Discover the world of Iris Property Management and experience the pinnacle of refined living in the heart of Bahrain. Unveil the possibilities. Explore our portfolio of Bahrain properties today.

May

An overview of the Bahrain property market by the best Bahrain real estate agents

Posted on May 30, 2023 in Blog

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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!

Apr

Get the Best Daily Rent Apartment in Bahrain at Iris Property Management

Posted on April 28, 2023 in Blog

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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.

Apr

Your Ultimate Guide to Finding the Perfect Property or Flat in Amwaj Island

Posted on April 12, 2023 in Blog

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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.

Dec

Find the Best Rental Property in Bahrain

Posted on December 28, 2022 in Blog

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Bahrain is also known as the pearl of the Arabian Peninsula, and rightly so. The country is beautiful and has some of the most iconic locations in the world, and they have tremendous property for citizens of the country and expats alike.

If you are searching for a rental property in Bahrain, consider using the IRIS property management firm. We at IRIS property Management Company can provide you with a wide range of real estate services and packages that you find helpful.

Why IRIS property management?

IRIS property management specializes in real estate, property management, and development companies. We have been in this market for more than 15 years, and the firm provides exceptional buying, selling, managing, and renting services for apartments and commercial real estate in Bahrain.

Some of our primary services include:

Extensive property and facilities management experience.
A wide-ranging leasing and sales experience.
A senior expert team of key staff.
Professional in-house support & technical team.

With the help of our professional in-house support & technical team, we want to offer you transparency in real estate services. We want to serve you with quality & superior services for a cost-effective price.

Property management
Facility management
Property maintenance
Sales & leasing
Homeowners’ association management

Some of the important real estate properties that we can help you with include:

Providence residence: It is a 27-storey luxury apartment located in Juffair. The apartment has one-, two-, and three-bedroom sea view apartments.

Alyal building: This is a luxurious 24-storey residential building with 130 fully furnished premium apartments with one, two, and three bedrooms with a panoramic view of the sea and the city in the Seef district.

Orchid business center: This is a unique 16-storey office building that is the only commercial property in Bahrain offering amenities, including a gym.

We provide you with the best rental deals in Bahrain.

Some advantages of using Iris property management Bahrain firm are as follows:

Property management services find you tenants: Our property management firm helps you to find tenants for your building easily. Our professional in-house team is trained and skilled in real estate.

Fill rental properties faster: Since we are trained and experienced, the real estate agents can find local rental buildings according to your needs, preference, and budget with ease.

Make your property more competitive: With our help, you can make your property have a better resale value in the market.

Property managers make the paperwork easy: All the paperwork is done by us, and you just have to sign the dotted papers once the deal is done. We know real estate lawyers, and have a partnership with them for all the local legal document work.

You don’t have to pay the legal costs: You do not have to hire or pay any lawyer’s legal fees because it is already taken care of by us at the property management firm.

Rent collection and expense payments made easy: Rent collection is made easy with the help of the firm. We can help you with rent issues if they arise. You do not have to worry about the rentals because we will be done in a timely manner.

As you can see, hiring a reputed real estate firm like us, IRIS property management enables you to choose from a wide range of properties in Bahrain. So, why not contact us about whether you want to buy, sell, or get the best rental deals in Juffair in this charming country.

IRIS Property Management W.L.L

Tag Archives: rental property bahrain

Discover the Splendor of Bahrain Properties: Unveiling a World of Possibilities