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
Official procedures for building permits to be shortened
Bahrain plans to simplify the electronic application system, as it is speeding up decisions over building permits.
EWA Hotel Apartments unveiled targeting corporate travelers and tourists
The Hospitality Management Holdings (HMH) has announced the unveiling of EWA Hotel Apartments in Bahrain, the first hotel by the group in the Kingdom.
Reef, Orchid sign pact for launch of freehold towers
Reef Real Estate Finance Company has entered into a deal with Orchid Developers for the launch of two freehold towers - Terraces of Juffair and Dream Tower One, both of which would be a major addition to Reefs project portfolio.
Realty & construction sectors in GCC, badly hit due to inflation
The inflationary pressures that the GCC nations have been subjected to, has left an impact on the realty sector too, which is reflecting itself by way of surging construction costs, which has risen by 50 percent during the first half of the year.
Multi-million dinar The Bahrain International Investment Park to be launched at Hidd Zone
A multi-million dinar project, namely The Bahrain International Investment Park (BIIP) is likely to be unveiled at the Hidd Industrial Zone this year, reports The Gulf Daily.
BFH bags Best Commercial Development award in MENA region
The Bahrain Financial Harbour (BFH) has been awarded as the Best Commercial Development in the Middle East and North Africa (MENA) region during the recent Arabian Property Awards Ceremony held in Dubai.
EMCO awarded with $45mn MEP contract
The $45million MEP (mechanical, electrical and plumbing) contract has been awarded to EMCO by Amwaj Gateway Development Company (AGDC), a subsidiary company of RealCAPITA, during a signing ceremony in Bahrain yesterday.
Reef, Grnata sign partnership deal for Al Aqeela Building
Reef Real Estate Finance Company, together with Grnata, has entered into a partnership deal with the developer of the Al Aqeela Building.
New BD300mn Company established to combat construction crisis in Bahrain
In a bid to combat the construction crisis in Bahrain, a BD300million company was launched yesterday, to develop affordable homes for families.
RealCapita inks construction deal for RealResidence project
A Bahrain-based real estate firm, RealCapita, has entered into a construction contract for developing the first residential development - RealResidence, in the Hidd area in North Bahrain.
View all real estate news