Buying Houses?
By ravibird603 •
I'm not a Qatari citizen, I'm an American citizen. I want to buy a house there, but are you allowed to? I heard you can only buy a house on the Pearl Island, but thats it. You have to rent houses, am I correct? IF you can buy a house, how much would it be in Riyals? Rent? Thanks!
Very true, however, Qatar still has a great deal of potential in my view.
That's the thing with investing...you have to keep up with the market and keep your eye on the ball!
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Love is the answer...
Thanks you and I would lie to return the wishes, and let you know that I had so many good experiences during Ramadan and Eid this year.
Be sure if I had more than 20 dirhams in my purse I would invest here too, it's no secret how I like living here and enjoy watching the day to day changes.
On the other hand I have seen a great deal of construction all around the world and the main problem being faced is that one people loose interest in a place the market prices go down considerably, so let's hope Qatar will not be like this.
Salam Canarybird, kul aam inti bikhair...hope you enjoyed Eid.
Yes, as well as being a good investment currently, The Pearl would be an attractive place to live for many I'm sure. _______________________________________________________
Love is the answer...
What you say is good sound advice and after watching a report on Dubai for the propert which went on sale there some of the investors have received 5 times as much as they paid for it.
Bigdaddy
Qatar is a new growing and prosperous state which is well worth investing in because it has future.
The Pearl is currently a good investment as well as a place to live...I bought some properties there when they were first for sale. I recently sold one of them for just over two million riyals. I bought it for just under a million.
Over a million riyals profit for a property in just over a year that isn't even built yet. _______________________________________________________
Love is the answer...
you can't buy a villa or a house, but you can buy a flat..it will cost you minimum 750,000 QAR...real estate is a good investment, your money does not sink because the value of your property will not depriciate in time...imagine how is the renting dilemna in doha? if you bought a flat, rent it to others or otherwise buy a building and rent it to expats...you'll gain everything!
I agree BIGGY! Thanks!
I would think twice before buying here in Qatar. I could think of a dozen other countries to sink your money in before here.
" if its not a good time, its a good story"