Bahrain Luxury Apartments
OT Ratings - Quality/Value: 



Investment/Risk: 




Kingdom of Bahrain Juffair
Prices from c. £94,000 to £150,000
Juffair Lofts one and two
22 Two bedroom apartments, from 102 sq metres. Premium location on the waters edge of the Persian Gulf, with panoramic views, constructed to a very high standard and with luxurious spec.
Launch date 15 October 2007
There will be gym and pool facilities. High rental demand.
Excellent
discounts for off-plan purchasers.
|
Floor |
M2 |
BD p/m2 |
Price of unit (BD) |
Price of Unit £ |
|
5 |
102 |
715.00 |
72,930 |
£94,970 |
|
5 |
110 |
715.00 |
78,650 |
£102,419 |
|
7 |
102 |
743.60 |
75,847 |
£98,769 |
|
7 |
110 |
743.60 |
81,796 |
£106,516 |
|
9 |
102 |
773.34 |
78,881 |
£102,720 |
|
9 |
110 |
773.34 |
85,068 |
£110,776 |
|
11 |
102 |
804.28 |
82,036 |
£106,829 |
|
11 |
110 |
804.28 |
88,471 |
£115,207 |
|
13 |
102 |
836.45 |
85,318 |
£111,102 |
|
13 |
110 |
836.45 |
92,009 |
£119,816 |
|
15 |
102 |
869.91 |
88,730 |
£115,546 |
|
15 |
110 |
869.91 |
95,690 |
£124,608 |
|
17 |
102 |
904.70 |
92,280 |
£120,168 |
|
17 |
110 |
904.70 |
99,517 |
£129,592 |
|
19 |
102 |
940.89 |
95,971 |
£124,974 |
|
19 |
110 |
940.89 |
103,498 |
£134,776 |
|
21 |
102 |
978.53 |
99,810 |
£129,973 |
|
21 |
110 |
978.53 |
107,638 |
£140,167 |
|
23 |
102 |
1017.67 |
103,802 |
£135,172 |
|
23 |
110 |
1017.67 |
111,943 |
£145,774 |
|
25 |
102 |
1058.37 |
107,954 |
£140,579 |
|
25 |
110 |
1058.37 |
116,421 |
£151,605 |
|
|
|
|
|
|
|
Exchange rate -1 BHD = 1.30221 GBP Correct at 2007.10.15 09:11:46 UTC |
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Olive Tree International Property Limited
Telephone 0845 2570227
It has only been possible for expatriates to buy in the Kingdom over the last three years and prices have risen by 35% over this period. Up to 70% of residents are expats which means rental demand is extremely high. A residency visa is issued with each purchase, allowing the buyer to open a bank account. Bahrain is tax free. Rental contracts are for a 12 month period.
Olive Tree's Richard Brady says, "Rental demand from middle management is exceptionally high and the ability to open a bank account means there are huge tax breaks. For an early doors investor, this is a superb opportunity and we are confident these will sell out rapidly."






