Bahrain’s Real Estate Market Hot on the Heals of Dubai
The popularity and success of the real estate market in Dubai is well documented; but in sharp contrast Bahrain – which is one of the Middle Eastern property markets with the greatest potential – is little known and often overlooked.
Bahrain has a small but well establish luxury real estate market; and recent changes to legislation allowing for foreign freehold ownership of property within certain real estate developments in Bahrain has created a surge of investor and consumer interest in the kingdom.
The kingdom of Bahrain has long been home to a large expatriate community, with expats mainly heralding from the UK, Europe and the US. Expatriates living in Bahrain generally enjoy an incredibly high standard of living, substantial tax free income and an inimitably luxury lifestyle – and the type of accommodation they seek has become the iconic style of real estate now for sale to foreign purchasers. Indeed, the real estate developments where foreign freehold ownership of title is allowed in Bahrain epitomize quality and opulence.
In recent years Bahrain has been working...
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