If you want to know what to invest in during the crisis? If you or one of the wise people who intend to invest money during the crisis, then buying an apartment in Doha is what we recommend. A buy-to-let property is an investment any time, but now, Qatar might be your place to consider placing your savings in. Herein we give you 5 reasons:
1. An apartment for rent in Doha is a source of passive income
If you intend to buy a property in Doha, then placing the apartment for rent on the real estate market will bring you passive income. The only thing you are to do is keep the apartment clean and safe and have a good relationship with your tenants.
Qatar is mainly inhabited by ex-pats, the rental market is a great demand, and you have your monthly income insured.
2. Qatar is a rich, safe and stable country, and that makes your investment secured
Qatar is one of the richest countries in the world. This country is rich in petroleum products, financially secure, and continuously growing. Also, Qatar is the safest country in the Arabian Peninsula. These two facts give you investment security and comfort even during an economic crisis.
If other countries might be deeply affected by the crisis as their main GDP product is no longer in demand, petroleum products are still the gear for the world economy. Even if the price decreases, the market remains. Hence, Qatar is more economically secure than other countries across the globe.
3. Apartments in Doha are new and built to the latest standards in constructions
When you intend to invest in a property, the quality of the apartment and the residential building is a criterion of buying. Doha is a new city, and all the buildings are accordingly new and developed to the latest standards in construction.
If in the Western world there is a challenge to find a new, flawless apartment for sale, then in Doha, all of them are built for safety. The historical cities are covered with historical buildings, while Qatar developed recently, and all residential areas are modernly built and endowed.
4. You are to ensure a great ROI in a property in Qatar
According to some listings on Saakin Qatar, there are apartments on the Pearl (Doha), bringing 12% ROI (return of investment) to the owner! This is Huge. If this figure is singular for a specific property, you may consider the medium market ROI between 4% and 8%. Even so, this is a great deal for you.
5. Stability is a key factor in Qatar
Qatar is a stable country from an economic, political, and legislative point of view. Unlike other European countries that, during economic crises, tend to destabilize on all levels, Qatar is stable and ensures balance for its inhabitants.
Transaction costs are very low in Qatar
Transfer fee is levied at 0.25% of the property value. Other costs when buying property are very minimal, such as authentication fees of documents. It takes around 13 days to complete the process of registering a property.
Need more arguments and details about why you should invest in an apartment in Doha or details on how to buy with Saakin Inc?
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