Anyone thinking of buying a property in Doha please have a look at the 5 best cities in the US. THe winner is
Walla Walla, Washington
Population: 30,000
Maximum income tax: 0%
Sales tax: 8.3%
Typical three-bedroom house: $275,000
Est. property tax: $3,500 to $4,100
This southeastern Washington town has become a destination for wine connoisseurs, urban refugees and roving retirees, despite its out-of-the-way location. 19th century Italianate-style commercial buildings are being revamped to house art galleries, bookstores and restaurants. Three colleges are hubs of activity for retirees, who can enjoy classical music, lectures or lifelong learning classes. Walla Walla home prices, up more than 50% over the past five years, are still affordable by big-city standards.
http://money.cnn.com/magazines/money...PL0827425.html
Now compare that to three bed room apartment in the Perl something like 500000 US$. On top of that the mortgage isn't insured against income shortfall. Lets see how successful the project will be.
Cheers.