Expert: Bahrain property investment is success story

Published September 1st, 2005 - 09:38 GMT
Al Bawaba
Al Bawaba

Bahrain is a "risk success zone" for the real estate investors, Bahrain Tribune reported. Bahrain's real estate prices are much lower than the Dubai and Qatari markets, a senior consultant representing a global real estate group told the newspaper.


“The mega projects like Bahrain Financial Harbour (BFH) and World Trade Centre (WTC) will attract foreign companies and global businesses,” Elie Habib, general manager, Coldwell Banker Bahrain was quoted as saying.


Reacting to the fact that due to 400 per cent price hike in the real estate in Bahrain has led people to invest in Oman, Habib said that some buyers might have gone to Oman and not the ‘investors’.