“THE LAND”, a Middle East based real estate Development Company operating across the region, has been enjoying an unprecedented success in its sales, where it managed to sell fifty percent of the first two towers which are part of The Land QR 2 billion project in The Pearl-Qatar's Riviera Arabia. The two towers will be ready for occupancy by the beginning of 2008.
Mr. Salam Said, Director of The Land Commented, "we accomplished an unparalleled success in marketing the first two towers. We remarkably sold seventy percent in one of the towers, besides selling forty units in the other tower. Therefore, The Land will go on with more achievements, yet, it will introduce an immense surprise related to the third tower".
Just about launching the exquisite The Pearl-Qatar project in April Last year, The Land witnessed a vast response by the investors, in line with reclaiming more than eighty percent of the four million square meters project's land.
A luxurious lifestyle
The Pearl project, considered to be the biggest in the exotic Porto Arabia district, provides first-class facilities that match renowned international 5-star hotels. The designers of The Land gave incomparable attention to the smallest details concerning the construction works in the sight. After finishing the piling and initiating the foundations phase of the three towers, the attention will be focused on the elegantly designed residential units, which are composed of a mixture of studio apartments and one to five bedrooms apartments, in addition to the lavish penthouses in which the ideal finishing works are skillfully executed with the latest technologies.
The Pearl-Qatar is one of the gigantic projects under dispensation in Qatar these days. The key importance of this magnificent development comes from its innovative composition of tourism and properties. The distinctive marine style and location of the project are set to put Qatar on the international map of tourism and recreation in an elite and splendid way of life.
As part of an effort to open up the real estate sector in Qatar and attract foreign investment, the government will allow freehold ownership at The Pearl. Property owners are entitled to apply for a residency visa upon the purchase of a property. The visa will include dependent children and is valid until the resale of the property.
Porto Arabia is not only a supreme residential project, it also provides a rich scope of highly-rated services, including entertainment and shopping areas made to incite the attention of the investors. The Pearl-Qatar project comprises of 2 million square meters of shopping dedicated areas with more than 800 outlets making it a destination for both high end retailers and consumers. When completed in 2009, The Pearl-Qatar will be an elegant and exciting destination, featuring word class tourist attractions, shopping and dining experiences.
© 2006 Al Bawaba (www.albawaba.com)
