Vera Tower (City View)
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Overview
A new affordable apartment tower in Lusail, with active listings available for sale.
Building/Community Amenities
- 24/7 Concierge
- 24/7 Security
- Air Conditioning / Central A/C
- Balcony / Patio / Terrace
- Clubhouse / Resident Lounge
- Covered Parking
- Fitness Center / Gym
- High Ceilings
- Hot Tub / Jacuzzi
- Infinity Pool
- Pet-Friendly
- Playground / Kids Play Area
- Pool
- Sea / Ocean View
- Spa / Wellness Center
- Walk-in Closets
- Waterfront / River View
Investment Insights
Investment Analysis
Legal & Ownership
Legal & Ownership Information
Ownership Structure
Ownership Rights
Full ownership rights (Freehold)
Foreign Ownership
Foreigners can buy property in designated areas of Qatar, such as The Pearl and Lusail, with freehold rights in specific zones.
Tax Considerations
Property Taxes
property tax on real estate
Transfer Tax
purchase tax or annual property tax on real estate
Inheritance Tax
capital gains taxes applicable to real estate transactions, making it an attractive option for investors seeking tax-efficient investments
Important Considerations
Restrictions
- There are no restrictions on repatriation of profits, allowing investors to freely transfer rental income and sale proceeds abroad.
Required Documents
Financing Options
Financing Options
Financing in Qatar
Qatar offers a range of property financing options that make it an attractive destination for foreign buyers. Typically, loan-to-value (LTV) ratios for foreign nationals range between 60% to 70%, allowing buyers to finance a significant portion of their property purchase. The robust financial sector, coupled with a stable economy, positions Qatar as a favorable market for mortgage financing. With a growing real estate market and attractive mortgage terms, Qatar is increasingly becoming a preferred choice for international investors looking to diversify their property portfolios.
Requirements for Foreign Buyers
- 1Valid passport
- 2Proof of income
- 3Bank statements (6-12 months)
- 4Credit report
- 5Employment verification
- 6Property valuation report
- 7Initial deposit (20%-40%)
Popular Lenders
Contact Information
305-993-5050
communicationsdirector@peeblescorp.com
Contact DeveloperMention property ID: Vera Tower (City View) when contacting.