Hotel in Manama, Bahrain

Forbes Tower Located on a 2365 sqm plot, Forbes Tower is at the center of the Kingdom’s business and financial dynamo. Main traffic on King Faisal Highway passes by the Tower’s main entrance, which means most of Manama is just a quick trip away. Forbes Tower is a short distance from other major business enclaves, including the Bahrain World Trade Center, Financial Harbor Towers and the Almoayyed Tower. Excellent shopping destinations abound around Forbes Tower, like City Center Mall Bahrain, Seef Mall, Al-Aali Mall, Bahrain Mall, Dana Mall, and many more. Bahrain International Exhibition & Convention Centre, which is the largest exhibition and convention facility in the Kingdom, is a scant few blocks away. And only slightly farther are the five-star hotels, waterfront apartments, yacht clubs, and the one-of-a-kind Reef Island. Forbes tower has a total 42 storey out which first 7 floors is dedicated car park, reception, and other recreation facilities, 10 floors for office and 24 floors for hotel. Bin Faqeeh signed with the first StayBridge® Suites Hotel in partnership with InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, whereby the 24 floors of Forbes Tower will be converted into hotel. More details and floor plans of Forbes Tower is attached along with this proposal.

We understand you are looking to invest in premier projects in the Kingdom of Bahrain with assured returns for next three to five years. Our Proposal ,We offer Forbes Tower at an attractive price of BD 22 million ( 52430400 EUR ) with an assured rental yield of 8% for a lease period of three years. The property and facility management will be fully taken care by us during the lease term. After the end of the lease period, we can renegotiate the lease terms, or the project can be handed back over.

Golden Residency visa  

Bahrain has launched a new 10 years golden residency visa provides expatriates and foreign investors the opportunity to reside in the country on a permanent basis, Granted automatically, the residence permit holder has the right to work in Bahrain, renewed once every 10 years, an entry visa for the wife or husband, children and parents