Tips For Finding Perfect Villas In Qatar
by Sumona Real Estate 11 January 2022
Despite the fact that foreign ownership of real estate has been permitted in Qatar since 2004, most expats still prefer to rent. There’s a strong chance you’re only staying in Doha for a short time, or that owning a home feels like too much of a commitment at first.
Buying a house in Doha, on the other hand, comes at a significantly greater cost, thus you may decide to look for villas for rent in Qatar only for financial reasons. Whatever the case may be, you want to make certain that you have a place to call home. Furthermore, you want the procedure to be as simple and stress-free as possible.
#Preparation is essential
Before you begin your search, double-check that you have all of the necessary papers to rent villas in Qatar. So, before you start looking for a home, make sure you have a permit to stay in Qatar, a copy of your sponsor’s ID card and your ID that is valid in Qatar
#Make a financial plan
Doha is a large metropolis with a population of over a million people. This means there are a plethora of neighbourhoods, districts, and residential complexes where you can rent a place to live. Instead of searching through all of the available villas in Qatar at random, you might want to refine your search first. Planning finance by setting a budget is a good place to start.
Qatar can accommodate every budget with its thousands of rental apartments. It’s critical to know yours before you start looking, or you’ll be dissatisfied. If you’re planning on renting an apartment, do some research on the cost of living in Qatar first.
Rent is often the highest expense for persons renting a property in Doha, as you can see. However, depending on your lifestyle, you should make sure you set aside enough money each month to spend on other things.
Once you’ve done that, you’ll be able to better control your expectations. It’s also a good idea to start looking slightly below your budget. Why not establish a pricing range between QAR 7,000 and QAR 9,000 per month if your monthly budget is QAR 10,000?
You might already have found your new house in this lower price bracket, which will save you a lot of money on monthly rent!
#Choose your districts
You must be practical about where you want to seek a rental property, just as you must be reasonable about your budget. You don’t need to look at fancy flats in the Pearl Qatar or the West Bay if you have QAR 4,000 per month to spend on rent.
You’re just wasting your time by including these properties in your search, which will only make your budget look poor in contrast! Instead, conduct some research on the best neighbourhoods in Qatar for renting a home on a budget and focus your search on those districts of Doha. If you still can’t find what you’re looking for in those locations, you may always broaden your search.
#Not all rents are created equal
Many various fees might be included or excluded from monthly rent. As a result, you should be informed of the full terms of your contract at all times.
Utility costs, for example, are not necessarily included in your rent. The payment mechanism isn’t always the same, either, with some brokers requiring payment in advance by check. You should also be aware of any limits or rules that may apply to you and your family. Pets, for example, are not always permitted.
Finally, study the fine print in your contract regarding commission structure. Let’s have a look at two prevalent commission arrangements utilised by experienced brokers in Qatar when renting a home.
The annual rent expressed as a percentage. For instance, your broker may ask for a 5% commission on your entire annual rent. So, if you pay QAR 10,000 every month, you’ll get a commission of QAR 6,000 to pay. Amount paid as a percentage of the first month’s rent. For instance, your broker might ask for a 50% commission on a month’s rent. So, if you pay QAR 10,000 every month, you’ll get a commission of QAR 5,000 to pay
Before you sign the contract, it’s important to understand that there are two types of contracts: personal and corporate. The distinction is in the name, as the corporate contract is only utilised when a company, not an individual, wishes to rent villas in Qatar.
a. You’ll need the following items for a personal contract:
i. Qatari ID Certificate of Salary
ii. Bank statement from the recent past (up to 6 months)
b. You’ll need the following for a corporate contract:
i. A copy of your company’s commercial registration is required (CR)
ii. Qatari identification card (in the same name as the CR)
iii. A computer card
Last but not least, you should always read the contract thoroughly. If you are still unsure, you should either ask a friend to double-check it for you or call an expert. In any case, read your contract from beginning to end to ensure you understand everything.