For those who settle down in Qatar for the long run, investing in property in Qatar is a valid option. While most expats choose to rent during their time here, there has been an increase in the number of residents who are choosing to buy a villa in Qatar. One of the most important factors to remember is that buying property in Qatar automatically grants you a residency, which is also applicable to your family members. However, once the property is sold, the residency is canceled. While this is an exciting move, there are a number of factors to consider before doing so. Of course, budget is the number one factor that comes to mind, as well as location, space and style. While you might consider using the property for your own personal use, there are many residents that now look at buying properties in Qatar as an investment and solely as a business deal.
And with the country moving forward with development plans for the FIFA 2022 World Cup, the government is trying to encourage forgiven investments and ownership in Qatar. There are certain areas and location in the country that allow foreigners to invest and purchase properties for sale in Qatar, which is certainly giving the economy a push. There are a number of districts in Doha and on its outskirts, that offer homes for sale, and one of those areas is Umm Salal Ali, which is a municipality of Qatar and is located on the edge of Arabian Gulf, about 10 km from the coast and 15 km north of Doha.
It is located away from the heavy traffic of the city, but is still considered to be a central location, as it gives easy access to all focal points in the city. Um Salal Ali offers a number of malls, restaurants and cafés, as well as schools and nurseries, which residents of the area find very convenient to have within close proximity.
Villas for sale in Umm Salal Ali are considerably large homes, at times including five or six bedrooms, and most of them also include a space for a traditional majlis as well. These homes are perfect for families and anyone who is looking for additional space.
There is also a number of land for sale in Umm Salal Ali, which are ideal for anyone who is looking to develop their own home or project.
Once you’ve found the right property for sale in Qatar, it is advisable to seek the services of legal professional. Before making any decisions or signing an agreement, make sure you consult with a lawyer or legal office, and also verify that the property is indeed available for foreign ownership through the Doha Municipality or the Ministry of Justice’s Real Estate Registration Department. Foreign ownership in Qatar has specific laws and regulations, so an experienced lawyer or legal advisor will ensure that the process of buying property in Qatar follows all necessary laws to protect you, and as well ensures that the process is hassle and stress free.
