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Invest in The Growing Qatari Real Estate Market

Are you considering investing in the real estate market in Qatar? Al Asmakh Real Estate is the perfect choice for all your real estate needs. With a team of highly skilled professionals, they will create a personalized approach according to the finances and needs of each client, in which you can be sure of a secure and profitable journey, with all the necessary guidance, payment plans, and options to choose from.

Whether you are looking for a residential or commercial property, Al Asmakh Real Estate can help you with all the necessary details, including residency permit guidance. Let us take you on the journey with our team of experts and make sure your investments are worth the time and effort.

Become a Property Owner

With an expanding GDP over the past year and a thriving economy, Qatar is considered one of the world’s wealthiest countries. The country offers a safe and excellent environment for real estate investments for locals, GCC nationals, and other expats.

The residential real estate market in Qatar is expected to record a CAGR rate that is greater than 11.5% in the upcoming 5 years. With the country’s growing population influx, job opportunities, and ongoing government legislation, now is the time to invest and be part of the country’s propelling market, ensuring a high ROI on different levels.

There are two types of properties available for Non-Qatari individuals and companies: freehold and leasehold properties; both are restricted to specific areas in the country.

Secure Your Residency Permit With Real Estate Investments

Investing in real estate in Qatar secures your path to obtaining a residency permit for you and your family.

Buyers of properties worth at least 730,000 (about USD$ 200,000) Qatari Riyals may obtain renewable residency permits for themselves and their families without an employer’s sponsorship.

Conversely, buyers who spend more than 3.65 million Qatari Riyals (about 1 million USD ) on investment in Qatar get a permanent residency permit and enjoy access to a variety of benefits to ensure a comfortable life and a secure future, which include:

Free healthcare
Free education
Premium investment opportunities in exclusive economic sectors

To obtain a permanent residency and its benefits without the need to have a Qatari partner, the below must be met, according to Article No.1 of Law No.10 of 2018 on Permanent Residency:

-Reside in Qatar for a minimum of 20 years for foreigners and 10 years for applicants born in Qatar.
-Receive a minimum basic salary of QR20,000 for government employees or a total salary of QR30,000 for private sector employees
-Portray good conduct and behavior, in addition to the absence of previous conviction by final ruling in a crime of dishonor or mistrust, whether inside or outside Qatar.
-Possess good knowledge of the Arabic language.

When to Buy Freehold Property?

Buying freehold property is the preferred choice if you want to use the property as a long-term residence. You can continue living with your family in the home even after the owner has passed.

Freehold properties also give you complete control over your property. You can alter, install, or renovate any area of your home as you wish. Although freehold property is more expensive than buying a leasehold property, you do not need to pay for ground rent or any other fees associated with renting or leasing.

When to Buy Leasehold Property?

Leasehold property gives you the opportunity to use it for commercial purposes, as a rental, or as a private residence. And because they are generally less expensive than a freehold property, they are the better choice for those who plan to rent out their property. Leasehold properties also have the potential to generate higher profits if the property has a desirable location and amenities.

Since the leasehold properties in Qatar are bound by a 99-year contract, you will have an easier time obtaining a home loan.