Ngourlay makes some very good points that any person thinking of investing should seriously consider.
I've been looking into the number of people coming to Qatar and the supply of property for some time. What is interesting is that demand is likely to continue to outstrip supply for the next 4-5 years. After this point, the Pearl, Lusail and other developments will come fully on stream and then I suspect property prices will come down as there will be enough supply. But on the other hand, Qatar is similar to how Dubai was in the mid 1990s. The potential is really impressive in the long term so real estate in Qatar is a good investment.
As far as Lusail goes - I've consistently heard that it is running behind schedule and will not be completed on time. The first new development which will be ready seems to be the Zig Zag towers in June/July. They still have a couple of apartments left near the top I hear so it might be a better investment than Lusail given delays etc.....
Ngourlay makes some very good points that any person thinking of investing should seriously consider.
I've been looking into the number of people coming to Qatar and the supply of property for some time. What is interesting is that demand is likely to continue to outstrip supply for the next 4-5 years. After this point, the Pearl, Lusail and other developments will come fully on stream and then I suspect property prices will come down as there will be enough supply. But on the other hand, Qatar is similar to how Dubai was in the mid 1990s. The potential is really impressive in the long term so real estate in Qatar is a good investment.
As far as Lusail goes - I've consistently heard that it is running behind schedule and will not be completed on time. The first new development which will be ready seems to be the Zig Zag towers in June/July. They still have a couple of apartments left near the top I hear so it might be a better investment than Lusail given delays etc.....