OREANDA-NEWS. United Development Company (UDC), announced plans to sell 56 villa plots for residential development in Giardino Villas, one of the most prestigious and upcoming villa precincts on the Island.

Open for a period of three weeks from November 1 to 21, Villa plots range in size from 520 to 1,570 square meters and are all ideally situated in one of the most secluded and unassuming neighborhoods of The Pearl-Qatar. Within a short walking or driving distance from Viva Bahriya, Medina Centrale, Porto Arabia and Qanat Quartier, these new villa plots are conveniently located to allow for easy access to the retail and entertainment outlets in these districts.

Early buyers can benefit from an incentive plan designed to reward investors coming forward in week one by offering them a 15 percent discount on the original set price of a given plot, while the discount for second and third week buyers will be 10 and 5 percent respectively.  Following the end of sales period on November 21, buyers will pay the full set price of the plot as originally announced.  

The sale follows the successful auction of select sea-view townhouses in Qanat Quartier, which shows demand for properties at The Pearl-Qatar is on the rise. Investing at The Pearl-Qatar has historically netted good financial returns, and with the limited availability of real estate plots still available on the Island, potential investors realize this opportunity may not be obtainable again in the foreseeable future.