many expats are very interested in properties in Qatar.
But, morgage rate from bank is too high...
It's 10.25%, 8.25% of mortgage rate and hidden 2% (1% of management fee, another 1% of insurance.)
Actually, this is the worst financing scheme among many options.
However, their 'best offer' is also not as low as we expect.
I believe Qatar is one of the promising country to invest as its property market is just beginning and government is actively support the market...and more and more expats are coming into the tax heaven.
But, I just suspicious the all time high mortgage rate could compensate my investment down the road.
many expats are very interested in properties in Qatar.
But, morgage rate from bank is too high...
It's 10.25%, 8.25% of mortgage rate and hidden 2% (1% of management fee, another 1% of insurance.)
Actually, this is the worst financing scheme among many options.
However, their 'best offer' is also not as low as we expect.
I believe Qatar is one of the promising country to invest as its property market is just beginning and government is actively support the market...and more and more expats are coming into the tax heaven.
But, I just suspicious the all time high mortgage rate could compensate my investment down the road.