With such a rapid pace of development taking place in Qatar, the county is quickly becoming a hub for investors from all over the world. Thanks to projects and plans in relation to the county hosting the 2022 FIFA World Cup, there is never a shortage of projects going on in Qatar. And in the middle of all this, is Doha, the country’s shining capital.
With the Qatari Government wanting to encourage foreign ownership and investment, laws have been introduced that allow foreigners to buy property in Qatar in a number of large-scale developments. While areas are limited, it is predicted that more areas will follow. The two main freehold developments in Doha are The Pearl Qatar and West Bay Lagoon. However, 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. This will ensure that the process is as stress free as possible. It also worth noting that 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. Villas in Doha start with one or two bedroom homes, and can go up to five bedrooms villas, which is perfect for anyone who is looking for added space. Of course, the prices are high, but purchasing a villa in Doha is certainly a lifelong investment, which will surely pay off.
Foreign ownership in Qatar is permitted in a number of large-scale developments
If you’re looking for luxury, then start your search for villas for sale in the PearlQatar, as the man-made island offers the pinnacle of luxurious living. Spread across 400 hectares of reclaimed land, it offers luxurious properties for rent and sale, with the villas on offer being some of the most beautiful houses in Qatar. These properties include private swimming pools and gardens, with some located right on the Arabian gulf, with direct beach access. Another perk of purchasing a villa in the Pearl, is the facilities that the area offers; a high number of restaurants, cafes and services are available for residents, which is always a convenience. The newly opened Medina Centrale is an excellent choice for entertainment; especially that it offers activities for children.
Adjacent to the Pearl is West Bay Lagoon, which is one of the most serene and quiet areas in Doha. While it is away from the busy city life, it is in close proximity to Doha’s city centre, which makes it a very popular choice for families. Here, you will be able to find villas for sale in compounds, as well as independent stand-alone villas. Villas for sale in West Bay Lagoon are of the highest standards and are grand and luxurious, offering a one of a kind life experience for the owner. Added facilities such as a pool and a garden are standard and the extra space can easily be utilized when entertaining guests and family.
If you are looking to invest in a city with a bright future, then buying a villa in Doha is certainly an option to consider!