Buyers of property in the new danat Qatar tower can expect to live the high life, taking in spectacular views and living in the kind of luxurious and cosmopolitan surroundings not yet seen in Qatar. Homebuyers and investors in the development will also benefit from a new innovative mortgage scheme unique not only to this development, but to the Qatar property market.
The revolutionary mortgage scheme devised by Commercial Bank sees banking funds released to developers only on successful completion and professional survey of critical points in the construction stage, to time and specification, offering quality assurance to danat Qatar buyers and a unique value proposition to the market.
"There has been stiff competition within The Pearl-Qatar development, but sales in danat Qatar have been strong and steady, with 75% sold within a two-week period. Investing in property is a serious commitment, but our buyers have been impressed by the quality of our offering, and feel confident that they are making a sound personal and financial investment when buying danat Qatar,"
said David Oayda, General Manager of Asteco.
Investment firm Capital Investment, who are the developers of danat Qatar, provide further assurance of the project's pursuit of excellence. Capital Investment firmly believe in the riches that will evolve from such a development as The Pearl-Qatar, and danat Qatar represents their own contribution to growing the vision of a burgeoning Qatar economy.
Stage 1 of construction is already underway, with 66 apartments initially on offer from the 230 units available in total. The danat Qatar development is scheduled for completion in September 2009.
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Posted by Anne-Birte Stensgaard, Senior News Editor
