The State of Qatar is currently one of the top destinations of the world. It is attracting people from all around the globe for various reasons. It is a hub to the world’s businessman, engineers, athletes, multinational companies, banks, diplomats, etc. All of these factors and many others have led to a big evolution in Qatar’s real estate market.
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Qatar Real Estate Prospects
A recent report stated that the Qatar real estate has benefited from foreign investors purchasing residential units, capitalizing primarily and predominantly on demand by Qatar expatriates who live and work in the country. The same expert report, voiced that this trend is not going to dramatically change in the near future. Currently, the Qatar real estate market, offering a huge supply of apartments for sale in Doha, has attracted investors from around the region in districts that permit foreign freehold in Qatar properties. A clear instance is seen in the number of residential towers at The Pearl Qatar being developed by regional companies. Other projects from example, have also drew leverage from foreign investment, again mainly from developers within the GCC region.
Real Estate Investments
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The State of Qatar is an example of how innovation, progress and development should be in real estate.
Moving step by step over the years, it has become today a world-class destination attracting all kinds of investors, multinationals, artists, and now awaiting to be hosting the World Cup in 2022. This all has contributed in a booming in the real estate market.
Real Estate Economy Booming in Qatar
At a time when the world’s magnates are making bashful investments in unrest-swept Middle East, Qatar still has not disgruntled speculators and real estate fanciers, to whom this land of the Gulf is the safe haven for their lucrative projects.