Property in Capital Governorate, Hoora, Bahrain
7 live listings · 1 for sale · 6 to rent · median asking BD 50,000
For sale in Capital Governorate, Hoora
Pegasus Real Estate
LUXURY | INVESTMENT |SEA VIEW | FREEHOLD
Capital Governorate, Hoora · Apartment
BD 50,000
All Capital Governorate, Hoora listings with filters
Worth knowing before you look here
Geography
Where is the biggest price gap in Bahrain?
The median home in Al Reem Island, Canal Residence, Abu Dha asks BD 3,350,000; in Capital Governorate, Hoora it asks BD 50,000. Same island, 67.0× the price.
What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth.
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The market
How concentrated is Bahrain's market?
Three agents hold 93% of everything advertised — 777, 41, 32 listings out of 912. 5 agents share the rest.
What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here.
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Supply
What is the cheap end of Bahrain actually like?
Only 23 of 250 homes for sale — 9.2% — ask BD 50,000 or less. The bottom of this market is thinner than most people expect.
What would make this wrong: Cheap homes sell fastest, so at any moment the bottom of the market is under-represented on any listings site, including this one.
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