How To Buy House In Qatar
The application process for the visa is similar to that for obtaining a work residence permit with proof of ownership documents replacing the need for a sponsoring employer.
How to buy house in qatar. You must also submit a copy of the seller and purchaser s id cards an application fee of qr 15. Check out yalla compare for the best deals. Our range of expert guides on buying and selling in qatar will tell you everything you need to know about buying property from getting a mortgage to understanding the local property market. The smartest thing you can do if you are planning to purchase real estate in qatar is to find a trusted real estate agency or broker. Qatar is known for its diverse blend of architectural styles with building designs ranging from contemporary to traditional offering residents a wide choice of properties for sale.
Buying off plan purchasing a unit in an apartment block before it has been built is common in qatar and these properties can be purchased directly from the developer. Mostly transactions involve off plan. Getting a mortgage in qatar as a result of increasing property investment opportunities qatar s expat mortgage market is competitive. Buying property in doha is an option that residents opt for when looking to stay in doha for the long run as it is a lifelong and fruitful investment. Process of buying property.
Foreigners who buy in any of these areas are automatically granted residency which extends to the owner s family for the whole duration of the ownership. The purchaser takes the property deeds signed contracts and final payment confirmation or mortgage and deposit details to qatar s real estate registration and authentication department at the ministry of municipality and urban planning tel. With many properties available buying in qatar is more affordable than ever. Working with a real estate agency. You can buy anywhere in qatar.
Non qatari home purchasers are entitled to apply for a homeowner s residence permit which is valid for five years and allows the owner and their immediate family to live in qatar. Currently the banks which lend to expats include qatar islamic bank mashreq commercial bank of qatar masraf al rayan and hsbc. Here are a few more things to consider when you plan on buying a property in qatar. The first thing anyone interested in learning how to buy a property should. There are dozens of reputable well known real estate agencies in qatar that can help you during your property search.
Here are a few examples of leading agencies in doha. Foreigners are allowed to obtain freehold ownership in specific areas in qatar. Just tell us how we can meet your real estate needs. The pearl west bay lagoon and al khor. Since 2008 our real estate experts have helped thousands of people relocate for both personal and business purposes.