Do you know what’s happening in the Bahrain Property Market? You should!

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.

20% Capital Growth and 11.8% Net Yield

Therefore real estate investors looking for a market with more room for expansion than Dubai, a market that is equally popular with expatriates as Dubai and a market offering property as magnificent as Dubai need look no further than Bahrain.

Property in Bahrain have secured 24 X 2 bed freehold apartments in Juffair, Manama, Bahrain at a discounted rate exclusively for our clients.

These apartments are at pre release prices starting from £92,800 they are not for release to the public until the end of October, when they will be priced starting from £97,250.

Discounted property does not normally exist in Bahrain since demand far outstrips supply, at present accommodation can be sold faster than it can be built and as a result, property on the island, in the right location increased in value by more than 30% last year.

Introducing Orchid 1 - Juffair – Bahrain

Orchid 1 is being constructed by one of Bahrain’s most respected developers and is due for completion in January 2009. The shortage of residential property for American and European ex-pat workers is fuelling a massive increase in both rental values and property prices and this shows no sign of slowing for the foreseeable future.

With prices starting from £92,800 these represent excellent value and will sell very quickly

As part of our due diligence we have instructed agents to obtain comparables for similar properties in the area, including Mall Suites constructed by the same developer and finished in April 2007, these apartments are now changing hands for £125,000 and these were all let 1 month prior to completion at £1080 per month for a 2 bed apartment.

We have arranged an exclusive deal with HSBC for a mortgage facility up to 75% LTV, (subject to status) there is no valuation fee or application fee as this is being covered by Property in Bahrain. The arrangement fee is 1% which can be added to the loan and all paperwork can be done at your local HSBC branch so no need to travel to Bahrain unless you want to.

Bought to you by Overseas Property Expert: Stephen Fielding

Source: www.a1articles.com