Qatar used to be considered a small player in the Gulf region, but thanks to its successful bid to host the 2022 FIFA World Cup, the country has been on a steady rise to ensure that it meets the demand of the fan favorite event. With development and real estate projects filling up the country, more and more investment is pouring in to Qatar, with interest pouring in from all over the world, turning it into a true cosmopolitan country, making it a perfect choice to invest in a piece of land and purchase a land in Qatar.
Ownership of land in Qatar is restricted to a few specific areas to foreigners, 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 seems to only appreciate, and prices are always on the rise.
Qatar’s property market in has grown significantly, and continues to grow thanks to the large amounts of investment in both businesses and residential developments. There is however, a number of land plots that are available for sale in Qatar, and can be developed along with the new projects that are taking place, which you can be a part of.
What you need to know about buying commercial properties in Qatar
If you are looking to buy off-plan land plots in Qatar, be sure it is from a reputable development company, in order to avoid any frustration and to ensure that the sale is legitimate. As with most commercial sales in Qatar, it is best to enlist the help of a real estate lawyer or receive legal advice when purchasing a land in Qatar, to make sure that you have the complete details and information regarding the laws of land ownership in Qatar.
Foreign land ownershipin Qatar is available in The Pearl, West Bay Lagoon and Lusail, all which are some of the most modern and sought after areas in the country. The Pearl is a waterfront Rivera, with high end residential and commercial spaces, as well as restaurants, cafés and shopping stores. West Bay Lagoon is a serene waterfront area, with lavish compounds and living spaces available. Lusail, which is being called ‘the future city of Qatar’, is a highly suitable city offering smart solutions when it comes to buildings and development projects, offering a high number of land plots for sale. It is an under development area, so the number of investment opportunities is also very high and many are jumping on the opportunity to own land in Lusail.
Because of the heavy investment pouring into the country, buying a commercial property in Qatar is surely a lucrative investment, and will help you in providing a stable future for yourself and your loved ones. Whatever your needs for buying a land in Qatar, you will surely be able to find a suitable plot to invest in.