Friday 19 June 2009

Bahrain's housing market holds up well

While the world waits with bated breath to see what the future holds for the housing market, the small island nation of Bahrain is weathering the global slowdown and offering investors with cash to spare value for money.

Sale prices for property in Bahrain have certainly dipped with lower transaction values apparent, but, according to industry experts, this is good news for prospective buyers.

In 2008, Bahrain's residential property market enjoyed a record year of expansion with growth fuelled by strong indigenous demand, a relaxation of foreign ownership regulations in certain areas of the country, strong levels of liquidity in the regional market and improved financial options.

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