The Bahrain property market
In 2003, the Kingdom of Bahrain officially opened property investment to foreigners. This led to a massive increase in the value of real estate.
How to find a property in Bahrain
Before you start your property search in Bahrain, you should consider what residence you want to live in. There are a lot of homes with special amenities, such as a pool, a garden, and an attached garage.
How to buy property in Bahrain
Before you purchase a property, you should make sure that the seller really owns the property, that the property has been constructed legally, and that the structure is in good order. If you purchase from a developer, you should make sure that they have not been involved in any fraud.
Paying for your Bahrain property
Bahrain has over 400 banks and financial institutions, including insurance companies and Islamic banks. You should be able to find a bank that will give you a mortgage at a reasonable rate.
Taxes and inheritance
The Kingdom of Bahrain levies no inheritance tax. This, however, does not mean that inheritance itself is easily sorted out in Bahrain.
Utilities in Bahrain
Water and electricity are provided and subsidised by the government. You get two bills, both of which are issued by the same government authority.