Description of Qatar
The steady upward trajectory of property values in Qatar continued all through 2013 and right into the first quarter of 2014. Strong economic growth is being reflected in average house prices all over the country and investors are taking note. Buying to let has also proved to be a lucrative move for some having taking home rent yields as high as 12 per cent in the most desirable regions. The residency scheme introduced by the Qatari government that saw foreign buyers issued with full visas prompted a significant spark in investment activity. What’s more, Qatar’s luxurious and surprisingly affordable resorts continue to bring in tourists by the million from all over the world. As is the case across much of the gulf region at large, Qatar had made quite the name for itself among investors.
Current Property Prices in Qatar
How to Buy Overseas Property Safely
Key Facts:Currency: QATARI RIYAL
Time Zone: Arabia Time Zone
GDP: $213.784 billion