Because of the fast pace development that the country is witnessing, residents from all over the world are choosing to move to Bahrain to take advantage of new job opportunities and at time, investment opportunities as well. While many expats choose to find properties for rent in Bahrain, others are taking advantage and investing in villas or apartments as purchases, as the law now states that 100% ownership is now possible for expats in certain locations. Looking for properties for sale in Bahrain is now a option for many expats, especially those who are looking to settle down in the country for the long run.
One of the main areas that residents choose to look for apartments for sale in Bahrain is the Capital governorate, as it remains the centre of the city and has a lot to offer when it comes to a busy lifestyle; restaurants, nightlife spots and cafes, as well as business and commercial buildings are mostly located in the capital. However, thanks to continuous development projects, there are now a number of neighbourhoods in the capital that extend beyond Manama, the capital of Bahrain that not only offer houses for rent, but also offer apartments and villas for sale as well.
Foreign property ownership is now permitted in Bahrain
One of those areas is Seef, which is a residential and suburban area in Manama, and offers a number of apartments for sale in all shapes and sizes. Apartment units for sale in Seef range in size; you will be able to choose from one, two or three bedroom apartments, in both high and low-rise buildings. Considered more of a quite area, Seef is ideal for anyone who is looking for a calm way of life, but would also like to be connected to the city. There are a number of restaurants, malls and supermarkets in the area, but it is certainly more relaxed than other areas in Bahrain. Seef is also home to a few commercial and business offices as well, so it makes it more convenient for those who work in that area to also reside in Seef, as they can work closer to home.
As with all property purchases in Bahrain, it is always advisable to consult with a real estate lawyer or legal office to ensure that all your paperwork and legal forms are correct, leading to a hassle free purchasing experience. Usually, after negotiating the price, you will sign a reservation agreement, in order to reserve the villa for you until your finances and paperwork are under order. If you are considering buying property in Bahrain, then you should ask your legal advisor to explain the process to you in detail before signing any deals or paperwork.
Whatever reasons you may have for investing in the real estate market in Bahrain, it is certainly a life long and fruitful option, as the real estate market in the country is one of the strongest sectors, and it is projected that prices will only continue to increase! Buying an apartment in Bahrain is definitely a worthwhile investment, and one that is surely to pay off, securing you a solid future in an ever-developing country.