get a cheap low cost conveyancing online today
Sign up to join the army reserve today
Rolex Replica Information replica watches rolex
Qatar Property Guide - Qatar Real Estate
Good news for foreigner seeking to buy property in Qatar.Qatar is the next place in the sun for those in search for a second home or for property investors.
Since June 2004, foreigners have freehold and residential rights to property in certain specific developments in the country.
Before 2004 they were only able to buy 99 year renewable leases in certain areas.
Off plan properties are the most sought after and they are bought directly from the developer as the already constructed real estate for sale is rather limited.
Most of people are regarding Qatar's real estate investment potential as appealing as the one in Dubai.
Another good news is that those who choose to buy free hold property in certain areas are automatically granted residence rights, family being included in this agreement.
Before buying it is advised to hire an Lawyer.
If you're looking to invest in the Middle East real estate or seeking the latest property hotspots then it may well be time to consider the emerging and ever faster growing property market in Qatar.
One of the most impressive developments is The Pearl. The same as in Dubai, this is a man made island development and is costing around 2.5 billion US dollars to construct and is so far the largest property development being undertaken in Qatar. When ready it will be the home of around 30,000 people living in villas, town houses and apartments.
The prices are said to be $275,000 for a 120 square metre, one bedroom flat rising to less than $500,000 for a spacious four-bed apartment.
The town homes will cost from just over $300,000 (Dh1.1 million) to $1.3 million (Dh4.8 million).
The Pearl-Qatar believes central to the success of villa sales was its tailor-made triple-option purchase plan allowing investors to buy a plot and build their dream homes, have the developer build to an approved design or buy a property direct from the developer.
The Pearl is Qatar's first international real estate venture and the country's first freehold development. Development began on The Pearl on the 5th April 2004 and the first phase of development is scheduled to be completed by late 2006.
Property owners of The Pearl will automatically receive Qatari residency visas and will be granted unrestricted freehold titles to their property.
http://realestate.theemiratesnetwork.com/developments/qatar/the_pearl.php
Other free hold properties in Qatar, are : West Bay Lagoon and Al Khor.
