[quote=gianne;4797]Positives
1. Very low rental tax of 5%
2. Low transaction costs at 8%
3. Potential for high yields
4. One of the most stable in the Middle East
Negatives
1. Unclear if aliens can rent out
2. Tenancy laws unknown

As you can see, the positives outweigh the negatives. But the negatives may mean a lot of difference for landlords, as iffy tenancy laws may always be the subject of rental disputes.


Hi ...
I am a new member and find this forum interesting. My two bits of research here:
Pros:
1. Demand for houses going by the number of ads and rental prices quoted.
2. Possible to get loans (depends on ur creditworthiness) to finance your purchase.
3. Repayment of the loan can be met largely from rentals, thus enabling one to restrict investment to the down payment only.

Cons
1. Residence visa is of three years durattion and renewable.
2. Visa is issued by developer. If you have problems with the developer, he may be able to cancel your visa.
3. You cant resell the property without paying a transfer fee to the developer.
4. The life of all buildings as per tthe building code is 25 years. This means after 25 years they demolish and your investment is then thin air only!


Would appreciate folks out there reviewing and 'critique'!

Ciao