What type of mortgages and loans are on offer for property investors in Qatar?
A range of mortgages, including Shariah-compliant financing are available to investors in Qatar. Asteco in particular works closely with its developers to encourage them to provide a range of payment plans, tailored to suit customer’s financial needs with a variety of banks, so as to widen access for buyers to purchase property. Are the Qataris or expatriates buying property in Qatar? What are the laws governing property in Qatar? Predominantly property buyers have been from Qatar and the GCC, however we’re beginning to see an increase in the number of expatriates buying property, both as an investment opportunity and as an alternative to rental accommodation, which is very expensive in Qatar. Since 2004, foreign ownership is allowed in three designated areas in Qatar, including The Pearl. Residency is available for foreign investors purchasing in The Pearl. Like Dubai, Qatar has introduced a rent cap to tackle spiralling rental costs. In general, the property legal framework is in a p