Lusail - the premises of real estate growth in Qatar
Experts expect that the real estate crisis started years ago in Qatar to come to an end with the approaching FIFA World Cup in 2022 which is to be held in the newest city of Lusail.
By: Find Great Realty FGREALTY
Both governmental organisations and private sector to the challenge into their hands and built the entire new city to meet volume, but also quality demand. At the beginning of this year (2019) Qatar was offering over 20000 accommodation rooms, other 15000 how to be built up to 2022. The rest of accommodation requirements will be covered by short-term apartments for rent in Qatar and tents setup in Bedouin local style, in order to ensure an air of authenticity for tourists coming to enjoy the football tournaments.
Lusail has developed in a fast manner, the city having built or carry on constructing residential buildings, hotels,Towers, shopping centres and other facilities to meet the highest standards for living.
The city of Lusail is built by a development company which is under governmental control. On log term, the newest city of small, but rich Qatar, is meant to provide means of working, lodging and living for 200.000 inhabitants.
In order to encourage a faster development, in the beginning of the year 2019, authorities ratified a law through which foreigners were allowed to own companies and also opened for development, new areas for foreign investment, the results of this measure being to be monitored the following years.
FGREALTY is international real estate company in Qatar, which was founded in 2012 in the state of Qatar. Its mission is to provide integrated services with a powerful marketing and referral program for luxury properties (residential and commercial).
At this moment Find Great Realty listing consists of over 220 properties for rent in Qatar (all areas, villas and apartments), out of which 21 are apartments for rent in Lusail, Qatar. More on https://www.fgrealty.qa/