Qatar: Development of Al Khor Resort project
Qatar's Barwa Al Khor Company, a subsidiary of Barwa Real Estate Company, plans to carry out the development of Al Khor Resort project whose cost is put at between QR4.5bn and QR5bn.
Barwa Real Estate Company has signed an agreement with Qatari Diar Real Estate Investment Company for the purchase of its plot of land for the Al Khor Resort project, the Peninsula reported.
The project will feature hotels and marina with residential apartments, boutique hotels with leisure and residential units, beach chalets, sports facilities and bungalows.
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It is my understanding that a foreign national can purchase property in the Al Khor project. Possible interest, commercial property. is this true?
Thanks
Anup
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