Amwaj20 is a deluxe type of service apartment which built in Amwaj Island in 2015. Amwaj Islands are a group of man-made islands, located in the Persian Gulf to the northeast of Bahrain, near the coast of Muharraq island. They lie 10.5 km (6.5 mi) northeast of the capital, Manama.
The islands have a unique character, dominated by the clear azure waters and the active life that it encourages its residents to have. The balance of residential, commercial, and leisure living has succeeded in making Amwaj Islands properties a favorite option among professional expatriate residents of Bahrain.
The height of sophisticated style and modern elegance, Amwaj20 offers state of the art new accommodation, services and facilities. Located in the heart of Amwaj Islands, the property is within walking distance from the famous Amwaj Marina and the Amwaj Lagoon. It is only a few minutes drive from Bahrain International Airport and is conveniently accessible to both leisure and business districts of Manama.
Amwaj20's 94 apartments are designed with an eye for detail and equipped with deluxe amenities for ultimate comfort and convenience. The property comprises 20 floors and is leased in its entirety to Gulf Air BSC (c) for its staff till now (2022).
Financial Information
Market Value ($)
$38,000,000 USD
Tokenized Value ($)
$20,000,000 USD
Rental Income / Year ($)
$2,500,000 USD
Expected Income (%)
12% *≈ (Rental Income - Costs) / Tokenized Value
Special Features
Prime Location
Strategically located near new island with high proximity to hospital and airport
Defensive Sector
Positioned for steady growth with increasing popularity and social activities
Solid Market
Leased to state-owned enterprise and favorable market conditions
Others
Developer
Mannai Group
Manager
FlowBay Property Management
Notice
All financial statements of property yield are best estimates based on current conditions, and may change at any time.
The information above is provided from FlowBay Property Management; some of the information contained herein has been derived from sources that we believe to be reliable but which do not mean any guarantee and is subject to change; however, no assurance can be given you will obtain any return on investment, and there is a risk that you may lose your entire investment.