bg-img

Qatar Mortgages Are On The Rise: How Will Property Investment Likely Benefit?

Qatar mortgages are a relatively new topic: the country has been stepping up its lending game since 2018, when certain freehold areas where internationals can obtain Qatari citizenship by purchasing a property up for sale were introduced.

And there’s no sign of backtracking development surrounding mortgages during the lead up to the 2022 Fifa World Cup hosted on the edge of the rising eco-city of Doha, Qatar — and beyond.

Take Qatar Central Bureau as an example — an organisation established in collaboration with Qatar Central Bank in recent years. Their primary goal is to strengthen the local banking system and financial institutions by creating a secure, advanced technological credit system to assist credit facilitators in Qatar.

Thus, it provides extra support and options for individuals wishing to venture into real estate investment while also encouraging the industry’s recovery from the pandemic effects.

Without hesitation, let’s explore the Qatar real estate market and your mortgage and investment options for the current recovery era.

A Larger Selection of Citizenship-granting Areas

In October 2020, the number of specific freehold and leasehold areas where non-Qatari individuals could own properties and obtain citizenship was increased from nine to sixteen.