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. Perhaps these individuals research from finance-based websites like lovemoney before making any investment that is why they are able to maintain stable finances. 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
Bahrain suspends $1bn development project -3/2/2010
Work on the $1billion development project, located off the northern coastline in Bahrain may soon be suspended according to a decision taken yesterday by few Municipal Councilors.
Riffa Views sign revised villa delivery programme with Contractor -3/12/2009
Riffa Views has entered into a revised contract with Contractor PCC-Terna, under which, the contractor has been handed over the responsibility of a villa delivery programme, wherein the handover of Oasis villas will have to be carried out by mid-2010.
Bahrain Bay set to be a major boost to national economy -26/11/2009
Bahrain Bay, the landmark waterfront community, will boost the national economy by $5bn during the next decade, it has been declared.
Bahrain office sector continues to grow -26/11/2009
The office sector in Bahrain is witnessing strong growth, with new office projects hoped to double during the coming year within GCC, reveals latest research report.
Riffa walkway to be ready by 1st December -18/11/2009
Work on a major walkway in East Riffa is almost complete, it has been announced.
MPs seek approval of new real estate sales tax -18/11/2009
MPs have yesterday called for approval of a new real estate tax by the Cabinet, claiming that the decree issued by H H Prime Minister Prince Khalifa bin Salman Al Khalifa, taxing property buyers, was unconstitutional and could harm the real estate market.
MPs demand suspension of work at Al Nurana development -18/11/2009
The MPs have demanded that the work on BD378million development Al Nurana project along northern coastline be put to a halt.
REEF confirms sponsorship of GRE Conference 2009 -7/11/2009
Real Estate Finance Company (Reef) will sponsor the Second Annual Gulf Real Estate Fundamentals Conference 2009 (GRE Conference 2009), the only international real estate conference, a meeting that focuses on the particular requirements of property market of a fast growing economy.
Marina West unveils model apartment to visitors -7/11/2009
Marina West, the first gated beachfront high-rise residential and lifestyle community, has established model apartments on the project site.
MENA real estate market showing significant progress -3/11/2009
Tenants and occupiers in the MENA (Middle East and North Africa) region are offered with favorable market conditions to take advantage of the new, competitive nature of the market, say the latest edition of Jones Lang LaSalle about MENA House View.
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