In order to continue encouraging investment in Qatar, the government has made it easier in the past few easy for residents to invest in properties for sale in Qatar. And with the ongoing expansion that the country is witnessing in order to put on a successful tournament for the 2022 FIFA World Cup, Qatar is proving to be a hub for investment opportunities in the region.
Lusail is just one of the areas that is currently being developed as part of the overall expansion plan of the country, and it also offers a number of investment opportunities, especially when it comes to all the properties for sale in the city, as 100% foreign property ownership is permitted in Lusail. There are a number of expats that move to Qatar every day, and with many placing roots and calling Qatar home, the idea of investing in property in the country is becoming more and more feasible, as well as solely purchasing property as an investment opportunity.
Fox Hills is located in Lusail, which is being called the “future city of Doha’ and is planned to include residential areas, international hotel and resorts, commercial centres, luxury shopping and leisure facilities and a golf course. Located to the north of Doha, Lusail extends over area of 38 square kilometers and continues to attract investors.
One of those residential areas is Fox Hills, which is the most popular residential areas in Lusail and offers a number of properties for sale. Fox Hills is divided into various areas, all depicting areas in Italy, which is a nod to some of the Italian design elements that the area will boast. La Piazza, Rome, Florence and Verona are all areas where properties for sale can be found. Fox Hills Milan offers a number of apartments for sale, and is a very beneficial investment opportunity for anyone who is looking to enter the real estate market in Qatar, especially that the flats for sale in Fox Hills Milan are all almost brand new units, and are all designed as a smart and sustainable homes, with the latest technologies for home automation and computerization are being utilized.
The city also includes numerous residential units, office buildings of various sizes and 22 hotels with different international star ratings, making it an element of attraction for investment in Qatar. This is all in addition to green and lush landscaping, setting out the area from the desert terrain of the county. All these factors make finding properties for sale in Lusail ever the more attractive for residents living in Qatar and looking for an investment.
Before making any decisions or signing an agreement, make sure you consult with a lawyer or legal office to ensure that the process is as stress free as possible. Keep in mind that you when you purchase property in Qatar, you are entitled to apply for a homeowner’s residence permit, which is valid for five years and allows the owner and their immediate family to live in Doha.