According to the results of the first quarter (January-March) of 2023, the interest of Russians in purchasing real estate in the Bahrain primary market tripled compared to the fourth quarter of 2022 (October-December), the share of Russian citizens in the total sales structure was 30%. In this respect Wrote The online edition Lenta.ru cites a report by analysts from the Golden Brown Group agency.
The company noted that today many customers from Russia are looking for an alternative to Dubai. Bahrain lures them with, among other things, low housing prices and a developed financial sector.
Apartments with an area of 70-100 square meters. One bedroom m close to the coastline with direct access to the beach can be purchased for $ 650,000. m.
In the first half of February, expert real estate broker Marina Ganova in Hive Network Real Estate agency saidDue to the earthquakes in Turkey, the Russians started to show interest in real estate in the United Arab Emirates (UAE), so the increase in demand for the whole year may be 200%.
In early February, the press service of the BD-GROUP real estate agency introduced Information that Russians are more interested in buying property in Georgia in 2022 than citizens of other countries.