If you want to enjoy all the facilities of exclusive property, then opt for a penthouse in Qatar. An apartment of this type is a modern and spectacular housing option, always for someone who likes luxury homes and to contemplate the world from on high.
A penthouse is one of the most extraordinary and special properties you can buy. Space, layout, view, and being closer to the city are always important aspects. But such a choice is not for everyone. Depending on the perspective from which you look at things, there are many advantages but also disadvantages.
What makes a penthouse different from other types of apartments?
A penthouse is an apartment located on the roof of a building. It is on the uppermost floor and is typically differentiated from other apartments by architecture and special design elements. Usually, it occupies the entire roof deck and often is found in high-rise buildings.
If you are planning to buy a house in Qatar, it is worth taking into consideration a penthouse.
It is a luxury home equipped with the best flooring system and amenities, finest materials and furniture, state-of-the-art technology and appliances.
Penthouses can have two or more levels, a private elevator, a swimming pool, terraces, fireplace, a roof garden, jacuzzi and easy access to city life.
What are the advantages of a penthouse in Qatar?
Apartments in Qatar are special. But a penthouse offers the most advantages. When we talk about a penthouse there are always many benefits included. In the case of a penthouse in Qatar these are:
- an exclusive property;
- modern special arrangements and the best facilities;
- more space and more freedom;
- a quiet place in the middle of a lively city;
- easy access to restaurants, malls, schools, and so on;
- more privacy;
- more outdoor space;
- fantastic panoramic views;
- a secure property, less subject to general volatility;
- a certain status that comes with living in a penthouse.
Which are the disadvantages of a penthouse in Qatar?
Many of what some call disadvantages can be advantages for others. If you have the money you prefer peace, you need more privacy and you like height, what some call disadvantages are advantages for you.
One of the biggest disadvantages of a penthouse can be that not everyone can afford the cost to buy and maintain such property. But if you want to live the next level of comfort and another lifestyle, it’s worth the effort.
If the elevator is delayed or broken you will have to make a greater effort to get to your apartment. But if you like sport and exercise, any extra effort can help you stay in better shape.
Even if your penthouse is the most special place in a building, you can’t always get rid of noisy neighbours or neighbours sensitive to your desire to party sometimes.
Like any top-floor apartment, there is a risk of sometimes having roof problems or rain infiltration. But any such problem can be solved with the right intervention team and some patience.
Why buy a penthouse in Qatar?
Any property comes with advantages and disadvantages. But when we talk about a penthouse, the disadvantages are much less. This type of apartment is best suited for those who like to be close to the hustle and bustle of the city, but also to enjoy a more secluded and quiet place.
If you want a change in your lifestyle, you are bored of staying in a standard home and would like to adapt to the lifestyle of contemporary housing then choose a penthouse. This type of home is most requested and appreciated by people who like a luxurious life close to the heart of the city.
Penthouses offer more privacy than any other unit in a building. It is the only apartment on the top floor where you can enjoy exclusive perspectives and uniqueness.
That is why the demand for this type of apartment in Qatar is increasing and the price is always higher. Developers are always interested in diversifying the offer. And more and more people want to buy this kind of property.
Things to Know About Buying a House in Qatar
“Should I buy a property in Qatar ?” is a legitimate question these days. Qatar is perceived as a land of wealth and luxury and when it comes to investing in properties, this is actually the truth. The falling price of petrol also influenced the real estate market, and the costs of apartments or villas dropped off in the past two years due to the rentals falling prices.
New large developments still increase in size and the number of residential units understand and become higher, to suit local and international standards in luxury. While the local Qatari rich people, progressively are attracted to the UK’s, Switzerland, France, and Eastern European real estate markets, amazing properties become an attraction for ex-pats within specific residential developments in Qatar.
Since 2004 ex-pats are allowed to buy properties in Qatar (apartments, villas, commodious, commercial, and office spaces), but only within specific large building developments of Qatar, such as The Pearl Island, West Bay, and Lusail City.
Even if the prices for villas and apartments for sale dropped off considerably, 2018 -2019 might be an encouraging ground to invest in buying a property in Qatar. We give you situations and reasons why and when to buy a freehold property in Qatar.
1. Buying a house in Qatar as a long term investment
Due to economic premises and continuous of properties supply on the market, both, rental and sale, prices fall down in Qatar and for ex-pats moving in Qatar legitimate question occurs: Buy or Rent a House while relocated?
The answer depends much on the period that the person is to live in Qatar for. If the labour contract is for less than 3 years, definitely should rent an apartment. Fully furnished apartments, eventually a serviced one, might suit the short-living in Qatar with a comfortable lifestyle.
In case, the working period on Qatar territory is longer than 5 years, the potential buyer should analyze thoroughly the opportunity in purchasing a property and consider it as a long-term investment. A reputable and good real estate agent might help the buyer make the correct decision, choose the most profitable investment in property and assist in documentation.
2. There is an expectancy for property prices to rise due to the 2022 FIFA World Cup in Qatar
The real estate market in Qatar suffered several serious shifts during the last years, but the experts seem to be optimistic about an improvement due to the approach of the 2022 FIFA World Cup in Qatar.
At the same time, there is an expectancy for new draft legislation regarding real estate for foreigners. That might revive selling properties to ex-pats and attract foreign investment into Qatar. Such an initiative, along with the planned World Cup, would boost both the residential and commercial properties market.
3. Look for top-line apartments for sale in the Pearl as an investment in Qatar
The Pearl remains famous for its high-end apartments, provided with exclusive, state of art amenities and finishings. Even if the price per square meter dropped down by 6 % in the first trimester of this year compared to 2017, there still is an appetite for classy luxury.
On the ground that the real estate market might be influenc by FIFA 2022. The Pearl and Lusail, are the luxury freehold areas where ex-pats should invest. But again, the decision of buying a property in Qatar. Should be strongly analyzing assisted by a reputable real estate representative.
Read More: Things to Consider Before Buying a Luxury Property in Qatar