danatQatar proves a runaway success

Sales in the apartments have exceeded expectations, having sold in a third of the time expected.

Property investors and homeowners alike have been impressed by the unique quality of Asteco's offering, which blends competitive pricing with practical and functional design, supported by professional property management services.

Capital Investment Business Head for danatQatar, Shahzad Alam commented 'Being the developer of any new project in a market which is still relatively in its infancy, presents an element of risk. However, we felt that partnering with Asteco, with its wealth of experience, alleviated such risk.

Needless to say, we are thrilled at the success of danatQatar so far and are proud to be contributing to the escalating economy currently being cultivated by Qatar, with projects such as The Pearl.'

Asteco General Manager David Oayda remarked 'We've been very pleased with the response from buyers, who have reacted very positively to what Asteco are trying to bring to the market; a quality investment which offers value, expertise and reassurance to the customer at a competitive price.'

As sales agents, Asteco are involved throughout the life of a project, from the design phase, to pricing and development, and its experience means they have been able to offer apartments at competitive prices without compromise.

Mr Oayda added 'To take advantage of the amazing views, all of our apartments feature full-size balconies, which in fact cost less to construct in relation to the apartments themselves. We work with the developers to ensure these savings are reflected in the asking price and are ultimately passed on to the buyer. It's this kind of commitment to adding value that sets Asteco apart, making danatQatar a good solid investment. '

Another selling point for buyers has been the revolutionary mortgage scheme offered with stage one of the development. The Commercial Bank mortgage sees banking funds released to developers only upon successful completion and professional survey of critical points in the construction stage, adhered to by time lines, offering quality assurance to danatQatar buyers and a unique value proposition to the market. Buyers will in fact be happy to hear, that the development is actually ahead of schedule.

Prospective buyers shouldn't worry about missing out on a great investment, as stage two of construction is now underway, with a further 60 units now available from Asteco.