Property in Qatar - Real Estate For Sale

Real estate in Qatar has been attracting the interest from our international property investors who recognise that Qatar offers huge potential. Qatar has a strong economy with revenue generated from oil and gas and has the third largest gas reserves in the world. It also benefits from the second highest GDP per capita in the world.

Buying Property in Qatar

Since 2004 foreigners have been able to buy property in designated areas of Qatar. Under Qatari law, foreigners are allowed to buy property in specific areas of the country for 99 years, extendable for a further 99 years, and the property is transferable to their heirs. Non-Qatari nationals who buy property in the country will be granted permanent residence there. The three main areas are The Pearl, West Bay lagoon and Al Khor more places are becoming available.

Investment Property Qatar

Qatar is a tax free country and overseas investors could benefit from buying real estate in Qatar to rent. Rents in Qatar are high a so are rental yields however like all real estate investment there are no guarantees. The flagship residential development is the Pearl-Qatar, situated on an artificial island off the coast of Doha. This will include 8,000 villas and apartments housing up to 30,000 people, as well as world-class hotels and other amenities.

The Future of Qatar Real Estate

Qatar is emerging as one of the most dynamic economies in the Middle East. The economy is rapidly expanding in practically every sector and industry.  A combination of government investment and the participation of multi-national companies are creating what seems to be a culture of opportunity .The Qatar Urban Planning and Development Authority aim to make the capital Doha a world class city. There is investment said to be around $1.5 billion being made right now for a second international airport. Qatar Airways is connecting Qatar to the world with an increasing amount of flights to all major destinations  

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