Bahrain's Real Estate Market Hot on the Heals of Dubai

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CHOBI123
Posts: 1
Joined: 09 Nov 2021, 06:25

Bahrain's Real Estate Market Hot on the Heals of Dubai

Post by CHOBI123 » 09 Nov 2021, 06:31

The popularity and success of the real estate market in Dubai is Bahrain Phone Numbers List well documented; but in sharp contrast Bahrain - which is one of the Middle Eastern property markets with the greatest potential - is little known Bahrain Phone Numbers List 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 Bahrain Phone Numbers List kingdom.

The kingdom of Bahrain has long been home to Bahrain Phone Numbers List 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 - Bahrain Phone Numbers List and the type of accommodation they seek has become the iconic style of real estate now for sale to Bahrain Phone Numbers List 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 hard to diversify its economy away from oil by focusing on five main business areas; namely business & financial services, tourism, information technology, healthcare Bahrain Phone Numbers List & education and telecommunications.

This influx of foreign residents to the Bahrain Phone Numbers List kingdom of Bahrain has resulted in a thriving rental real estate sector which has further helped to underpin an already incredibly successful economy. Recently Bahraini officials began to realize the potential of the real estate sector if they allowed Bahrain Phone Numbers List for foreign freehold ownership, and this led to legislative and constitutional changes and the officials have been rewarded for their foresight by the creation of an incredibly popular and successful property Bahrain Phone Numbers List market.

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