Over the past decade, Qatar has proven itself as one of the fastest developing countries in the region, and as developers continue to create projects in the country, it is steadily becoming a perfect choice for anyone who is looking to make an investment, especially as the country prepares to host the 2022 FIFA World Cup. If you are looking for an investment opportunity, now is a great time to look for properties for sale in Qatar, especially that real estate values and prices seems to only appreciate, and prices are always on the rise. While ownership is restricted to a few select areas, expats are starting to take advantage of these new laws and are beginning to invest in Qatar; this is especially true for those who are looking to stay in the country for the long run, or even looking at the property solely as a business option.
One area that is very popular with both residents and nationals is Al Gharafa, which offers a number of properties for sale. Al Gharafa is considered to be a central area, and one that is always witnessing activities and events. It is in close proximity to other areas in the city and offers residents easy access to the surrounding neighborhoods. There are also a number of schools, malls, restaurants and more in Al Gharafa, which makes life very convenient for residents and very easy for owners to rent out those properties, as the area is bustling with activities on a daily basis.
There are a number of villas for sale in Al Gharafa, which families tend to search for thanks to their size as well as the option of having a closed yard or garden for the children to play in. There are also a number of land plots for sale in Al Gharafa, which can be used for a number of projects and investment opportunities, especially considering that the location of the area.
As with most property sales in Qatar, it is best to enlist the help of a real estate lawyer or receive legal advice when buying property in Qatar in order to make sure that you have the complete details and information regarding the laws of land ownership in Qatar. And while the developer of the property can advise whether it is legal for foreigners to purchase a unit, this should also be verified with Doha Municipality or the Ministry of Justice’s Real Estate Registration Department, or a reputable estate agent. Your legal advisor should be able to walk you through the entire process in detail and ensure that the agreement is legitimate and legitimate, making the process hassle and stress- free. It is worth noting that residents who purchase property in Qatar are entitled to a homeowner’s residence permit, which is valid for five years and allows the owner and their immediate family to live in Qatar.
Qatar is constantly witnessing a heavy pouring of investments, and there always an increase in the number of properties for sale in Qatar, ensuring that your purchase will surely be a lucrative one.