Home GCCBahrain real estate taking off

Bahrain real estate taking off

by Executive Staff

Much like other members of the Gulf Cooperation Council (GCC), Bahrain is in the midst of a construction boom. However, Bahrain has become a particularly attractive alternative to other markets in the region that are already saturated. Furthermore, the kingdom has made legal changes to allow foreign ownership in some projects. Surge of activity Recent weeks, in particular, have seen a surge of activity in the sector. Abu Dhabi Investment House (ADIH) unveiled its $100 million Sunset Hills project in Bahrain. The mixed-use development will have villas, townhouses, apartments, and a retail component. It will be located adjacent to ADIH’s $1 billion Al-Areen project, and cover 47,000 m2 with a built up area of 56,000 m2. In addition, Marina West, Bahrain’s first residential beachfront community, launched its sales initiative for the development’s luxury freehold residences in the 75,000 m2 gated community. In addition, there has been tangible progress in Bahrain’s

You may also like

✅ Registration successful!
Please check your email to verify your account.