Qatar, a place of tourist attraction, is excellent for buying real estate properties. Qatar is quite generous to foreigners, and hence it offers freehold ownership to them. However, they can get the ownership only in some specific areas of it. These particular areas are Al Khor, West Bay Lagoon and The Pearl. The investors who wish to purchase the property in any area can get granted residency with ease. You would be highly pleased to know that it could be extended for the owner's family too.

Guide for Qatar Real Estate Buying:

The majority of the transactions are made through dealing with the developer. It usually includes the off-plan properties. The buyer can even sell his property with ease through dealing with the developer. The deposit amount needs to be paid by the buyer before signing the contract for a house sale. The buyer offers the plan for the staggered payment, which needs to be appropriately fulfilled.

Instalment Process:

If you are eager to have your own house in The Pearl, you must pay for its down payment. It demands about 20% of the total payment as a down payment. The down payment must be delivered as early as possible to secure the housing unit. The payment schedule includes the plan for the remaining money to grab the complete ownership of the house or property.
75% of the house is paid in the given tenure but certain instalments. These include the combination of monthly and quarterly payments. When the due date or tenure is completed, the buyer pays a 5% amount of the house. After this, the house is allotted to the buyer, which he can use as per his desires.

Registration Process:

The registration of the house is not that complex as it seems. The house owners may have enrolled for the registration process right after the accomplishment of the payment procedure. It does not include massive time for the registration.
On average, it takes about thirteen days for the entire registration process. If you have a reasonable budget, you can get ownership of the house all at once. Please pay the amount for the house and get the registration instantly! Pay a specific amount of fee for the registration process and submit the documentation to initiate the process!

Revenue Generation Methods for Homeowners:

Reselling of Houses:

The Qatar homeowners relish the luxurious lifestyle in their houses. Most often they like spacious and huge houses with all facilities near to them. The people having kids do not want to compromise the houses and hence choose the prime location for it. The homeowners have an excellent budget and know the value of the property, and therefore they keep on investing in the real estate properties. The investment is made in the locations that let them gain excellent profit and revenue. They buy properties and convert them into houses. Another way is to buy a home of different Marla or acres as per your budget. After a specific tenure, buy the property or house at a reasonable price.

Renting of Houses:

The homeowners having huge houses rent a portion of their houses to generate income. Moreover, another exciting way is to buy another home in an affordable locality. Now, rent the houses to the people or get multiple families to reside in different portions of it. The annual revenue generated from house renting would lead to massive peace of mind, comfort and relaxation for house owners.
Most often, the houses near the basic necessities of life, such as parks, hospitals, schools, etc., get rented quite easily.  The rate for renting or property buying is higher in highly populated areas. However, the areas that are much away from the city offer houses at much lower prices.