Investing in properties for sale in Qatar is becoming easier and easier, thanks to laws that now allow 100% foreign property ownership in the country and efforts from the Government to encourage foreign investment and property ownership in the country. This is to ensure that development and progress continues in Qatar, especially that the country is getting ready to host the 2022 FIFA World Cup. With that said, there are a number of ongoing developments and changes, mainly in the real estate and tourism sectors, as well as massive overhauls to the country's infrastructure. There is also a major focus on providing adequate and sufficient housing options for the high number of expats that relocate to Qatar every day.
Naturally, expats tend to look for properties for rent in Qatar during their time there, but more and more are choosing to purchase properties, at times, solely for the purpose as an investment opportunity and business deal, while some choose to reside in those homes themselves instead of renting them out. As a homeowner in Qatar, you are automatically granted a residency, which is also passed on to your family members. However, once the property is sold, the residency is canceled.
The capital of Qatar, Doha, remains to be the hub of most of the commercial, financial and social activity in the country, and is also witnessing expansion and development, just like other parts of Qatar are as well. Doha and its numerous districts remain the most highly popular areas in Qatar, and while there are new cities expanding and developing, some areas remain to be popular with residents.
One of those area is Free Bin Omran, which offers budget friendly homes that vary in size and style, making it easier for residents to find exactly what they are looking for within a set budget. The area is very centrally located, and offers easy access to other major areas in Doha; there are also a number of schools in the area which is very convenient for families. Malls, supermarkets, restaurants and shops are all located within Fereej Bin Omran, which are all well-liked by residents.
The apartments for sale in Al Maha, Fereej Bin Omran are considered to be budget friendly homes, and offer different homes, ranging from one bedroom to three bedroom flats. Most of the units for sale are offered as unfurnished apartments, so it is the new owners responsibility to outfit the apartment.
Villas for sale in Al Maha, Fereej Bin Omran are also available, and are perfect for family living, especially for those who are looking for a spacious home.
If you are looking for properties for sale in Qatar, it is always advisable to consult with a real estate lawyer or legal office to ensure that all your paperwork and legal forms are correct, leading to a hassle-free purchasing experience. Ask your legal advisor to explain the process to you in detail before signing any deals or paperwork, as buying property in Qatar is certainly a lifelong investment, but one that will surely pay off.