Qatar Real Estate News
First Qatar to exhibit Pearl Qatar projects at the London Expo
The First Qatar Real Estate Development Company is exhibiting its up-market residential properties in its man-made island project, Pearl-Qatar, at a property show in London. This is the second consecutive participation by the company.
According to the company, the exposition, at the two day Gulf and Dubai Property Show beginning Saturday, will offer visitors a chance to explore freehold and investment opportunities on the Pearl Island Project.
The Vice President - Sales and Marketing, First Qatar, Pierre Moerland, said “We are in the process of building a solid reputation and are successfully dealing with all aspects of real estate services by catering to the requirements of corporate and individual clients worldwide, who wish to sell or lease property.”
First Qatar was recently affiliated with the RCI Global Vacation Network. A recent research conducted by the RCI, revealed that most visitors from the Middle East and Europe were interested in enjoying the benefits of serviced and self-catering accommodation in the Gulf, rather than the increased cost of hotels.
Pierre said “The increasing cost of hotels in the Gulf is actually encouraging a number of developers to offer short-term rentals, as in Dubai during the past five years, and First Qatar is the first developer in the Pearl to offer this service.”
First Qatar has obtained four plots in different districts of the Pearl-Qatar project. The company plans to develop these four plots as residential towers, and a few commercial areas will also be included.
The apartments of First Qatar, which are luxuriously serviced at the Pearl, will cater the needs of both holiday makers and business tourists, in addition to being a lucrative source of income for owners.
“We operate in a competitive market, and being able to promise prospective investors that we have long term interests in mind, is a major advantage. Moreover the visitors to the Dubai and Gulf Property Show, London, would look at this as a risk-free guaranteed income from their holiday home,” Pierre added.
Posted on 13/7/2007