Qatar has opened up its real estate market to foreigners and expats as of September 2020, a great investment opportunity! This gas-rich city is on its way to becoming one of the most advanced and developed nations in the world. Qatar is undoubtedly becoming a hotspot for investment with skyrise buildings, modern apartments, luxurious villas, and gorgeous penthouses available in the real estate market for sale! If you're interested in investing in Qatar and making the most of this golden opportunity, this is the time right to start looking at properties for sale in Qatar. Speaking of which, here are some of the best reasons why you should buy property in Qatar right away!

The government is offering temporary and permanent residency when you buy real estate in Qatar.

If you buy a property worth $200,000 or more, the Qatar government is offering temporary residency during the term of your stay. When you invest over $1 million in real estate, the Qatar government is offering permanent residence. This is great news for expats who have been living in Qatar. For the past few years and those who are thinking about moving to Qatar. The benefits of permanent residency also include healthcare and free schooling. Again, this gives investors a boost of confidence as they can home call Qatar their home.

Qatar real estate offers excellent returns in the long term and short term.

Here's the thing. Property transactions in Qatar don't cost much. And, it can take as little as 15 days to close a deal. With low transaction costs, an easy purchase process, quick handovers, and a steady increase in foreign interest, the return on your investment is bound to be good. Qatar's real estate market's assets are a low-risk move and a high return on investment opportunity.

The opening of the real estate market to foreigners has increased foreign investment tremendously.

Now that Qatar has opened its real estate doors to foreign investors, buy confidence has improved. Earlier, investors would require sponsorship from either a Qatari business or Qatar's resident to invest in the real estate market here. With the new government rules, investors worldwide are flocking to buying prime property in this advancing country. Foreigners can buy property in 25 designated areas close to Doha, while nine areas can be purchased on a freehold basis. As for the remaining areas, investors can rent out these properties on a 99-year lease.

The upcoming FIFA World Cup in 2022 is excellent for rental incomes.

The FIFA World Cup is being held in Qatar in 2022. The prices of everything will skyrocket, from hotel prices to airfares. While some people might choose to spend vast sums of money to stay in a hotel, most people, especially those waiting for long durations, will prefer to take up a house or apartment on rent. If you're thinking about investing in Qatar's real estate market to earn rental income, then right now is a great time to do so. While the supply is limited, it is expected that the demand for rental properties in Qatar will increase triple-fold during the FIFA World Cup, which is great for landlords.

Qatar has diversified its real estate market well.

Without any doubt, Qatar can cater to the super-rich. Fancy penthouses, seaside villas, spacious apartments, and ultra-modern mansions, Qatar has it all. However, Qatar has diversified its real estate market very well. While they cater to the super-rich, they also cater to those looking for affordable luxury. Qatar has also come up with various housing plans and schemes that are great for people looking to move to this nation with their families. Elegant townhouses and contemporary apartments are always in demand here. By diversifying sensibly, Qatar has opened its doors to the ultra-rich, to families and people who are looking to improve their living standards.

The property prices are expected to rise soon.

With the upcoming FIFA World Cup and how much money the Qatar government is putting into housing and real estate, it is expected that the prices of real estate will rise in the future. Qatar's government wants to diversify the economy and develop the nation without solely depending on gas or oil. For those who are considering a long-term investment in Qatar's real estate market, now is an excellent time because the supply is high and the prices are relatively low. As the nation develops and the World Cup comes closer, property prices will start to rise.

Qatar is one of the best places in the world to buy a luxury property.

With sky-high apartments, luxurious villas, spacious mansions, and scenic penthouses, owning a home in Qatar will soon become the epitome of luxury. Most of the open areas for foreigners to invest in our modern and luxurious properties in prime locations have great views. These glamorous and elegant properties will only become more expensive shortly, which means buying these exceptional properties now at relatively low prices will be an excellent investment for you in the future.

Investing in real estate is always a big decision. It would be best if you did your research, speak to various real estate agents, see different properties in multiple areas, understand the long-term consequences of this financial investment, and make a sensible well-thought-out decision. 

  However, keeping in mind, with the pace that Qatar is developing at, coupled with the upcoming World Cup that will attract hundreds and thousands of tourists in 2022, Qatar is all set to flourish. What was earlier, an oil centric country now aims to become an advanced and developed economy. So, it seems that an investment in Qatar's real estate market will be a very fruitful investment in the short-term and the long-term.