Bahrain: F1 fever boosts rent prices

Published March 8th, 2006 - 09:24 GMT
Al Bawaba
Al Bawaba

A leading Bahrain property agent has lashed out at "greedy" landlords who have quadrupled the cost of rooms during the Gulf Air Bahrain Grand Prix. According to the GDN, Landmark Bahrain, which has been operating for more than 20 years, has reported that private accommodation costs have tripled and, in some cases, quadrupled, as businesses cash in on F1 fever.