Properties for sale in Verona, Fox Hills
Over the past few years, there have been some major changes in the Qatar real estate market, ranging from an addition of numerous units, as well as changes in property laws. More and more development projects are being developed in the country, and are offering a number of different homes for rent and sale. This includes expansion and development of existing cities such as Al Wakra and Al Khor, and as well the addition of new projects, such as Lusail and Mushrieb, all offering a number of properties for sale in Qatar.
When it comes to property ownership laws, the government has made some changes when it comes to foreigners investing in the country. New laws have been set in place that state that foreigners can now invest and own property in Qatar; and while this is restricted to a number of free zone areas, these neighborhoods offer a number of different units for foreigners to purchase and invest in.
These changes and the massive development that is being witnessed is a part of the government’s plan to encourage investment in Qatar, especially as it embarks on its plans to upgrade the country and its offerings as it prepares to host the FIFA World Cup in 2022. This is in addition to massive overhauls in the country’s roads, buildings and other changes as well.
One of these areas that offer a number of properties for sale is Lusail. Lusail encompasses many districts, each presenting different offerings to its owners and residents. Ranging from entertainment and commercial buildings to mixed use and residential neighborhoods, Lusail’s numerous neighborhoods all play a role in cementing its position as one of Qatar’s most ambitious and impressive projects. Also being built in Lusail is a massive stadium, which will be used in numerous matches during the World Cup, as well as the opening and closing ceremonies.
Fox Hills is Lusail’s most popular residential area
One residential district in Lusail is Fox Hills, which has steadily become one of the most popular areas in the ‘Future City of Qatar.’ With more and more people encouraged to invest in Qatar, it is also one area that is seeing a number of sales taking place as well.
The apartments for sale in Fox Hills Verona are available in different specifications and offer a variety of homes, including one, two and three bedroom flats, with different layouts and designs. For those who are looking to rent out the flat (as opposed to using it as your own personal home), The homes in Fox Hills are always in demand and it shouldn’t be too hard for you to rent out the home.
Those who chose to invest in Qatar’s real estate market are entitled to apply for a homeowner’s residence permit, allowing the owner's immediate family to live in the country, and is valid for five years. If you are considering buying property in Qatar, ensure that you meet with a real estate agent or consult a legal office before taking any steps, as they will be able to guide you through the process.
