MANAMA: Interest in larger yet affordable homes is on the rise in Bahrain, according to the latest report by Property Finder.

Trend analysis by the property listings website for the quarter from April to June shows the local market continues gaining momentum, as numerous sectors in the market across the kingdom are benefiting from newfound demand and the start of an economic recovery.

Despite the restrictions due to Covid-19, propertyfinder.bh recorded month-on-month increase of 23pc in leads for villas listed for rent and a 2.3pc rise in apartment leads during June 2021, highlighting that most users on the site are searching for a bigger space with added facilities and amenities, such as pools, gyms and gardens.

The sale market has also seen a revival of interest, with leads increasing by 14pc for apartment sales and almost 9pc for villas on sale during the same timeframe.

“We are seeing a renewed interest in the real estate market and can safely assume that according to the numbers we are recording, both the sale and rental market are on an upward trajectory,” said Khaled Al Saeh, country manager of Property Finder Bahrain.

“We have also noticed a change in requirements and preferences of renters and home-buyers. This began during the onset of the pandemic and continues to create interesting search trends.”

The listings firm notes that Juffair, Manama and Amwaj Islands continued to be the three ‘most-in-demand’ areas for apartment rentals in the second quarter of 2021.

However, Hamala, which was the fifth top searched area for villa rentals in April, has climbed to the third spot in terms of preferred locations in May and June, indicating a shift in overall user behaviour and preference.

Units in Hamala are larger and are more affordable, which may be the reason for this shift, believes Mr Al Saeh.

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