Thanks guys for your replies. I may move soon to Qatar and looking to understanding the real estate market. Do you have an idea what the average price is for a Villa and if there is Islamic mortgage?
hello friend, you should have asked whether expatriates
can buy properties ; (residents means qataris,we have only limited period permit to stay here)yes we can,and doha bank has recently launched financing schemes for expt for a tenure of 30 years,loan amt depends upon ur net salary,u should choose the property and approach bank..doha bank no is 4257573.ok
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Thanks guys for your replies. I may move soon to Qatar and looking to understanding the real estate market. Do you have an idea what the average price is for a Villa and if there is Islamic mortgage?
As an expatriate you can buy FREEHOLD in Pearl and West Bay, or LEASEHOLD (99 years) in Lussail.
A further development of 24,000 units for expatriate purchase is being built in AL Khor (50km North) but is a couple of years away yet.
Zig Zag Tower (in West Bay) still has units available from the developer, and is scheduled to complete soon. In fact it may take a further year.
Units for completion this year in the Pearl are all sold out I believe - but one can find "re-sales" available.
Mortages are easily available with repaymenst to age 67. I was quoted 7.9 to 8 % this week. Rates are not fixed.
hello friend, you should have asked whether expatriates
can buy properties ; (residents means qataris,we have only limited period permit to stay here)yes we can,and doha bank has recently launched financing schemes for expt for a tenure of 30 years,loan amt depends upon ur net salary,u should choose the property and approach bank..doha bank no is 4257573.ok
And of course you can buy in the Pearl, Lusail, etc... those properties just aren't ready for habitation yet.