With the 2022 FIFA World Cup around the corner, Qatar is certainly becoming an attractive country for anyone who is looking for investment opportunities. And with the Qatari Government wanting to encourage foreign property ownership in Qatar, laws have been introduced to make the process of buying property in Qatar easier for foreigners. With a focus on real estate projects in Qatar more and more investment is pouring into the country with interest pouring in from all over the world, turning Qatar into a true cosmopolitan country, making it a perfect choice to invest in a piece of land and purchase a land in Qatar.
Foreign Ownership of land in Qatar is restricted to a few areas, but that is not stopping residents from taking advantage of and beginning to buy plots of land in the ever-developing country. If you are looking for an investment opportunity, now is a great time to buy a land in Qatar, especially that land value is on the rise.
Doha is the shining capital of Qatar, and with its sparkling skyline and towering high rise skyscrapers, its no secret that it is where the action takes place and is the hub of the country, especially with areas such as West Bay, The Pearl and West Bay Lagoon. These areas are the most popular when it comes to buying land in Qatar, and are well worth the investment.
One of the most popular areas to buy land in Doha is West Bay Lagoon, which is a beautiful and luxurious waterfront area. It is one of the most serene and quiet areas in Qatar, however, its central location still gives it direct access to West Bay, which is the center of Doha. The area is predominantly filled with luxurious villas and villa compounds, which makes purchasing a land perfect, as you will certainly be with good company should you plan on building your dream house. One of the reasons that make West Bay Lagoon a popular area is the direct access to the sea, which is perfect for boat owners; and there are a number of plots of land for sale in West Bay Lagoon.
Buying land in Doha is a life long investment
Buying land in The Pearl is also another area that makes for a good investment, especially if you are looking for a luxurious and visually stunning location in Qatar. Findingland for sale in the Pearl is certainly an investment that will surely pay off, as the area is constantly developing, with new projects being announced regularly. The recently opened Madina Central offers a number of restaurants, cafes and entertainment and service facilities to residents of The Pearl, as well as the visitors who frequent the area.
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. Before making an decisions or signing any agreements in regard to owning property in Qatar, we advise that you hire a legal advisor and seek the advice of a legal office when it comes to buying property 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 estate agent. Your legal advisor will walk you through the entire process in detail and ensure that the agreement is legitimate and legitimate, making the process hassle and stress- free.