This pint-sized peninsula has grown to become one of the most cosmopolitan countries in the world. Home to over 100 nationalities, it’s the ideal destination for those looking to purchase property in the Middle East.
There are numerous advantages to buying property in Qatar. Prices are lower than in neighbouring Dubai and the wider UAE and property owners can benefit from zero stamp duty on purchase, as well as zero taxes on income or profits made from property investments. Buying a property in Qatar is easier than ever now too, thanks to a relaxation of rules around foreign ownership and investment in 2020. For instance, non-Quataris can invest in a wider range of freehold and leasehold properties and will gain a temporary or permanent residency status alongside this.
However, like any destination, buyers will need to ensure they have the right documentation in order and that they’ve ticked the right boxes to secure their property. Mortgage terms cannot exceed 20 years and must be worth a maximum of 70% of the total property cost. All properties require a 30% down payment too. To ensure you’ve met all the criteria, we recommend working with a reputable real estate agency that will be able to guide you through the entire process. To help set you on your way, we’ve selected three of the best agencies to help you find apartments and properties for sale in Doha and Qatar.
Al Asmakh Real Estate
With over 100 years of experience, Al Asmakh Real Estate is one of the region’s oldest and most reputable real estate agencies. Established in 1920, the agency has played a leading role in the redevelopment of Qatar and is responsible for some of Doha’s most iconic real estate properties, from high-rise towers in West Bay to The Pearl in Qatar. Services include everything from managing investments and property management to selling and leasing properties. There are currently 21 apartments listed for sale on the website, though it’s worth reaching out to the team for updates on the latest listings.
Find out more at alasmakhrealestate.com
The Pearl Gates
The Pearl Gatest is a luxury real estate agency and property consultancy based in the heart of Doha. The company specializes in every stage of property management, including selling, buying, renting and leasing and also offers an end-to-end service for a stress-free experience. The Pearl Gates offers properties in some of the country’s most exclusive neighbourhoods, including The Pearl, Lusail and West Bay. Most of the properties are listed online, with helpful images and detailed descriptions, though advisors are on hand to offer help. Prospective buyers can whittle down their search online to find properties with facilities and amenities such as shared pools, balconies and concierge services too.
Find out more at thepearlgates.com
Imperial Real Estate Investment
Imperial Real Estate Investment launched as a small, family-owned company in 2018, but it’s since grown to become one of the region’s most reputable real estate firms. The company offers a range of residential and commercial properties in prime locations across Qatar. Services go beyond residential sales too, offering residential lettings, new developments, property management and investment consultancy too. Every member of its multilingual team is an expert in the intricacies of the property market, both locally and in the global context surrounding foreign investment and property purchasing, so you can make your investment with total confidence.
Find out more at imperialholding.qa