Lusail buying Cannabis

Lusail buying Cannabis

Lusail buying Cannabis

Lusail buying Cannabis

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Lusail buying Cannabis

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High returns make Qatar’s buy-to-let property attractive for investors

Lusail buying Cannabis

With rental incomes steadily increasing in several parts across Qatar, he said, investing in a buy-to-let property can be a really good and profitable investment option in the long-term. Qatar has mainly three buy-to-let freehold areas for expatriates like The Pearl, West Bay Lagoon and Lusail, he said adding all these three locations offer a mix of apartments and villas. The Pearl offers a well-developed closed community that is managed by United Development Company. The apartments in The Pearl are mostly centrally air-conditioned by Qatar Cool. The Pearl is mostly preferred by the western expats with small families. The residents are a mix of owners and tenants making the community diverse and live. In terms of the apartments, studios to 4-bedroom penthouses are available for sale and lease offering great flexibility to investors of all budget. Without considering the prospect of capital gain, the gross return on investment is closed to 6. The Zig Zag Tower also has a diverse and multi-cultural neighbourhood. The property is supported by Lagoona Mall that is integrated into the development. The average gross ROI in this area is about 6. The Lusail City is one of the most ambitious and ground-breaking, master-development construction projects in Qatar. Lusail is a planned city that is located on the coast, towards the north, in Al Daayen Municipality. The Marina District of Lusail City is mainly developed for the offices. Upon completion of the whole district, it would be perhaps the new central business district CBD of Qatar. The Lusail City is master-planned and managed by Qatari Diar. However, the projects are developed and owned by the individual investors. Due to this reason, he said, the Lusail City offers wide range of options in terms of the property investment.

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