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Ref: FOjuffairlofts
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From BHD81,796
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Jufair, Al Manamah, Bahrain
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Duplex 2 bedroom and 2 bathroom
Mortgages Available 70% loan to value.
High rental yields 10/11% pa
Bahrain is a Tax Free haven.
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Bedrooms: 2, Bathrooms: 2
Duplex 2 bedroom and 2 bathroom apartments, Large & spacious 100m² + Sea views. Mortgages Available 70% loan to value. Prices from £111,413 Bahrain is a Tax Free haven. Bahrain has experienced an increase in property prices of 35% year on year over the last 3 years. Premium location on the waters edge of the Persian Gulf, with panoramic views, constructed to a very high standard and with luxurious spec. Up to 70% of residents are expats which means rental demand is extremely high. High rental yields 10/11% pa A residency visa is issued with each purchase, allowing the buyer to open a bank account. Rental contracts are for a 12 month period. Attractive investment alternative to Dubai as prices in Bahrain are 50% lower 50%. Limited space and availability (Bahrain is an island) Prime investment potential
70% OFF PLAN MORTGAGE NOW CONFIRMED FIRST STAGE PAYMENT 30% 12 Apartments Available first come first served
Prices and Availability - please enquire for latest availability
Stage Payments and Mortgages
£3175 Reservation and Arrangement fee
1st stage Payment = 30% minus Reservation fee – 28 days from reservation
There is now a 70% LTV off plan mortgage available, Interest rates from 9 – 9.5%, repayments can be paid either from the start or on completion - please enquire for more information on mortgages
Country: Kingdom of Bahrain
Location: Juffair
Development name: Juffair Lofts one and two
All units will be built to high standards and specifications and will have the use of the onsite gymnasium and a shared pool
Deposit is 30% of the purchase price
Prices start from 715.00 Bahraini dinar per m² approximately £931.00 per m²
Clients will receive a residency visa on purchase
12 month rental contract available
Rental fee is one months rent payable to the agent
6hr flight from the UK with Gulf Air and British Airways
The Kingdom of Bahrain is a Tax Free haven
Bahrain has experienced an increase in property prices of 35% year on year over the last 3 years
To reserve a unit please call 01273 705630 normal reservation procedures apply
Reservation fee of £3000 along with £175 arrangement fee.
Deposit of 30% will be due 28 days from reservation.
Two bedroom apartments, from 108 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.
Features
There will be gym and pool facilities. High rental demand.
Excellent discounts for off-plan purchasers.
Price
Prices start at 715 Bahraini Dinar per sq. metre and increase by 2% per floor level (currently around £935 per sq metre).
Other information
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. Mortgages are available from local banks. 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.
Our View
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 when launched.
It is an 18 month build and this commences in December 2007. On average rental prices will be around £1000 per month depending which floor you purchase on.
Enquire about this property
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