Considered to be one of the smallest countries in the world, Bahrain is certainly proving to be one of the fastest developing countries as well. As developers flock to the country and continue to plan and execute projects there, Bahrain is turning into a true cosmopolitan country, making it a perfect choice to invest in a piece of land.
A new law in Bahrain now allows non-nationals to own property in Bahrain, which many are taking advantage of and beginning to buy plots of landin the ever-developing country. If you are looking for an investment opportunity, now is a great time to buy a land in Bahrain, especially that land value seems to only appreciate, and prices are always on the rise. Although buying property is open to everyone in Bahrain, there are certain areas where this is permitted. These areas are: Ahmed Al-Fateh District, Hoora District, Bu Ghazal District, Seef District, District or Northern Manama, including Diplomatic Area.
The property market in Bahrain has grown significantly with a large amount of investment in both businesses and residential developments. There is still a great deal of land that can be developed as the market is expected to continue to grow. New plans for projects are popping up every day, and luckily, now you can be a part of that. If you are looking to buy off-plan land plots in Bahrain, be sure it is from a reputable development company, in order to avoid any frustration and to ensure that the sale is legitimate.
Land for Sale in Bahrain
In terms of locations, depending on your needs, the Northern Governorateoffers many options for you to consider. Areas such as Al Janabiyaand Al Jasra both have great investment opportunities in terms of buying land. Another area is the Muharraq Governorate, which includes the very popular Amwaj Islands, one of the most sought-after developments in the country, that is essentially a group of man-made islands that offer luxurious waterfront living.
Of course the Capital Governorate, remains the number one area for new projects and developments, as it is the most populated and lively city in Bahrain. One of the mostpopular areas to buy property in Bahrainis Seef; in fact, it is so popular that real estate prices have increased 40% over the past couple of years, largely due to the number of foreign ownership. However, almost all areas in the country offer single resident land plots, as well as full compounds and commercial land areas for buildings.
Although buying land in Bahrain is a relatively easy process, it is always better to seek the advice of a lawyer before signing any agreement or paperwork. This will ensure that all dealings and negotiations abide by Bahraini law and will surely make the process smoother.
Buying a land in Bahrain is surely a lucrative investment, and will help you in providing a stable future for yourself and your loved ones. Whatever your needs for a land for sale in Bahrain are, you will surely be able to find a suitable plot to invest in.