Bahrain Real Estate & Property Market
Bahrain property, apartments, villas, office space
The economic growth of Bahrain has been spectacular and quite belies the small land area and relatively limited population of the country. The infrastructure all over the country in terms of the road network, the airport, telecommunication, public services, educational institutions, and medical services have all been ranked among the top-most in the world.
The government is eagerly and aggressively pushing for more growth by offering many incentives to foreign investors. This has been brought about by the healthy proportion of global expatriates that mix with the general population. This has resulted in a boom in Bahrain property in terms of apartments, villas, and office space and more and more are coming to either work there or as tourists.
Bahrain property has also become a good investment among corporate investors due to Bahrain's unique position related to the trade and industry and the 100-million people market that is open and available to anyone who decides to start a business in Bahrain. Bahrain property is expected to become even more valuable in the near future due to the high demand and the limited land area of the country of islands.
Expatriates are also causing a real estate boom in Bahrain property, as many of these who work in Saudi Arabia prefer to reside in Bahrain. Commuting is easy via the King Fahad Causeway between the two countries.
Since English is widely spoken and understood throughout Bahrain along with the traditional Arabian there is an added benefit for expatriates to live there.
Bahrain Real Estate News
Manama Souq officially launched -11/8/2010
The first phase of the new BD4mn Manama Souq was officially launched yesterday by Prime Minister Prince Khalifa bin Salman Al Khalifa.
Riffa Views promises delivery of 100 more villas -19/7/2010
Despite the ongoing impacts faced by Bahrain real estate sector over the global economic crisis, Riffa Views has announced delivery of its 300th villa to homeowner during a recent ceremony.
Bahrain, first in MENA region to electronically track land deals -2/7/2010
Bahrain is the first Middle Eastern country to electronically track all its land transactions through the Survey and Land Registration Bureau (SLRB).
Manara Development to launch two major housing projects -2/7/2010
A Bahrain-based real estate development company, with a diverse project portfolio, namely, Manara Developments Company, has announced the launch of two major housing projects in Bahrain.
Deal signed for work on Water Garden City project -23/6/2010
The Water Garden City project has gone a major step ahead with the appointment of RB International to design bridges at the major development.
Bahrain realty sector witnesses 20percent fall in prices -16/6/2010
Prices of high-end apartments in Bahrain have dropped by 20 percent this year, in comparison to that of last year, said Knight Frank, in its latest research report.
Mortgage and real estate sectors need sound corporate governance -3/6/2010
The regions mortgage sector should be governed by sound corporate governance, said Richard Arlove, CEO and Director of ABAX Group, with offices in Bahrain and the UAE.
Lagoon Real Estate Development sign lease contract -19/5/2010
Lagoon Real Estate Development has entered into an agreement to lease 300sqm at the Lagoon Bahrain, located along Amwaj Islands to offer new international leisure concepts.
Marina West properties to be handed over by June 2011 -12/5/2010
Developers of the Marina West project, currently facing delay, are in talks with investors to give the project a fresh boost.
GCC real estate firms post total rise in profits -30/4/2010
The total profits of GCC-listed real estate companies grew by 7.
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