IRIS Property Management W.L.L

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flat for rent in Bahrain with ewa

Bahrain’s booming economy has attracted investors and visitors to the country. This has most necessarily resulted in the increase in the search for flats for sale and flats for rent in Bahrain with ewa services. 

Iris Property Management has always been at the forefront when it comes to real estate in Bahrain. We offer superior residential and commercial spaces for rent and sale. 

If you are looking to rent a flat in Bahrain, here are some tips to help you find the best flat to suit your and your family’s requirements. 

Set a budget

Before you set out to rent an apartment in the Kingdom, you must set a realistic rental budget. Fix an upper limit for the amount you are willing to spend as rent. This will help you decide the type of flat and area you wish to stay. 

It is best to fix a budget that includes ewa services in the rent. Flats for rent in Bahrain with ewa service are easily available. A good facility and property management company like Iris can help you get the best apartment for rent in Bahrain.  

Select the area or neighborhood

Your budget might decide the area you can afford to rent. Certain neighborhoods in Bahrain are more expensive than others. You can decide your neighborhood based on your financial plan. 

Other factors like proximity to schools, malls or offices can also influence your decision to select a particular area to reside. 

Choose a fully furnished or semi-furnished apartment

Once you have decided on your budget and neighborhood, you can decide if you require a fully furnished or semi-furnished flat for rent. 

Iris Real Estate offers a range of furnished and semi-furnished apartments for rent and sale in Bahrain

Consider property maintenance and amenities

Coming back to a beautiful home after a long and tiring day at work is bliss. A well-maintained property adds to the joy of returning home. Property maintenance means the overall upkeep of the building. It includes maintenance of elevators, continuous electricity and water supply and well-maintained common areas.  

If you are renting an apartment for your family, you may want to consider an apartment that offers amenities like a gymnasium, pool, kids play area and a jogger’s park. 

Also, consider flats for rent with electricity or ewa services. Iris Real Estate offers flats for rent with ewa services in Bahrain.  

Contact a facility and property management company

For the smooth process of finding a flat for rent in Bahrain, it is advisable to contact a trusted property management company. A good real estate company in Bahrain will guide you through renting the perfect apartment for you and your family. Property management companies can give you the best options including selecting the best neighborhood and including all your requirements.  

Conclusion

Iris Property Management and Development company in Bahrain is one of the most trusted names in real estate in Bahrain. With a highly experienced team at the helm, Iris Property manages real estate across the country. 

We provide comprehensive real estate services tailor-made to suit your requirements. Whether you are looking for a flat for sale or flats for rent with ewa services, Iris offers top real estate services in Bahrain. 

The positive testimonials of our clients speak volumes about our dedication to our customers. We are proud that we have created comfortable and happy homes for families across the country. 

apartment in Bahrain

Many geopolitical, economic, and social forces affect the real estate market. It brings in more tourists, creates new business and leisure possibilities, and spends money on big infrastructure projects in the Middle East. This makes buyers from all over the world want to buy property in the area.

When relocating to Bahrain, you’ll find a variety of housing options. This is particularly good news for residents in search of a place to call home. This is because the government is working hard to make sure that people who move to the country can find a good place to live. Here are the different kinds of homes that you can find in Bahrain.

Apartments vs. Villas in Bahrain

It’s no news that apartments are the most sought-after type of housing in Bahrain. So, you can find them all over the country in a range of styles, sizes, and, of course, price ranges. In places like Juffair and Amwaj Islands, you can find premium apartments that are very expensive, and in places like Mahooz and Um Hassan, you can find flats that are more affordable.

Villas are another popular type of residential property in Bahrain. Families like villas a lot because they have extra room that they need. This is another benefit for families: most villa houses for rent in Bahrain are in closed compounds that usually have facilities like swimming pools and playgrounds, which are great for families.

Whether you choose an apartment or a villa depends on your budget, where you want to live, how much you can earn from rentals, and how much the property could increase in value over time. In general, apartments are cheaper, especially in cities. Villas, on the other hand, are more expensive because they are in higher demand than rental homes. Villas cost more to maintain because they have more land, gardens, and private pools. On the other hand, apartments cost less to maintain because they have homeowners’ groups or property management companies taking care of them.

Due to a low supply of luxury homes and a high demand for them, places that are developing or in high demand are more likely to go up in value. People have different tastes when it comes to where they want to live. Apartments are more popular in cities near schools and shopping centers, while villa houses are more popular in suburban or semi-urban areas. Things like population growth, job opportunities, and the improvement of infrastructure can affect the demand for both kinds of properties.

Apartments may provide a steady stream of rental income, while villas may offer a greater chance of long-term capital gains. Learning about the rules for owning and renting land in Bahrain can also change how you invest.

Conclusion:

Which is better for investing in Bahrain: apartments or villas? No single solution works for everyone. It’s important to do a lot of study, think about your investment goals and how much risk you’re willing to take, and talk to real estate professionals for advice. To get such professional advice based on your needs, you can contact Iris Property Management. Our property agent will solve all your queries in just one consultation, and we shall not waste your time! Visit the Iris Property management website to know more about real estate investments.

2 bhk flat in bahrain

We all know buying a 2 bhk flat in Bahrain is more than the worth money, especially for expats. Interestingly, Bahrain is the country where you can benefit from 100% foreign ownership! Certain areas like Juffair, Seef, and Amwaj offer numerous freehold 2 BHK flats and apartments for rent. Moreover, Bahrain’s real estate offers more than just high profits.

Did you know the gross return on rental yield is 7%? Also, the fact there are no taxes on rent or property makes this site a gold mine! Sure, you have to pay tax, but that is only social insurance tax, which is 1%. Also, the Real Estate Regulatory Authority (RERA) has made it easier for Bahrainis and expats to look for two-bedroom flats for rent in Bahrain. RERA ensures Bahrain real estate operates with fair prices & rules. Thus, it’s a win-win situation for the consumer buying or renting 2 BHK apartment.

Why choose to buy or rent a 2 BHK flat

Most families are nuclear families today, that is, parents and kids. Almost nobody lives as a joint families. Also, today, Parents have up to two or three kids. Thus, a 2 BHK flat is perfect under your budget because 3 BHK flats are much more expensive than the others. A 2BHK also gives you a decent amount of EMI you must pay yearly. And if the 2 BHK you are buying is an investment, it is a gold investment. With the rental yield every month, you can use it to save it for your child’s future education, foreign trips, or sometimes luxury. It is, thus, one package that you cannot avoid.

Moreover, if you’re single or a couple, a 2 bedroom apartment offers more comfortable living space compared to a 1BHK. Prior to committing to a rental, assess the living room and kitchen areas. Also, explore the best monthly rental options that align with your budget.

However, hiring a property manager like Iris Property Management can help you secure discounts on rentals and leasing.

Choosing Iris offers the convenience of buying or renting real estate while also gaining access to property management services. Plus, you can negotiate prices further due to the inclusion of additional property management services. With Iris property management, you can ensure high rental yields, privacy & luxurious apartments at a decent cost. It’s the 15 years of impeccable service that you can’t compare with anybody else. Our first customers still buy or rent properties from us today.

Another standing out is that all our apartments are close to big businesses, malls, supermarkets, playgrounds & so on. So, we ensure our customers get a blend of fun & necessities from a few miles away. We love it when our customers talk about their experiences. These include gyms, elevators, balconies, terraces, 24×7 security and other facilities.

Conclusion: Iris Property Management can help you find the best two-bedroom flat to rent in Bahrain so you can stay close to family and friends. By working with experts like Iris, expats can find the right home that fits their budget and has all the amenities they want.

daily rent apartment in bahrain

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.

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.

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May 2024
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