Investments and Luxury Properties in Beirut, Lebanon
Why Invest in Beirut Property and Real Estate
Beirut is the capital and largest city of Lebanon, and is located on the eastern Mediterranean coast, facing the sea, with the Lebanon Mountains rising dramatically just behind it.
Beirut coastal beauty, the luxury marina areas, and mountain views make it popular for buyers looking for personal use real estate or for investment taping into the tourism property market.
Why Buy Luxury Properties in Beirut, Lebanon
Beirut is also known as the "Paris of the Middle East" for its cosmopolitan Mediterranean style culture. The city is divided into several distinct districts including Downtown Beirut, Gemmayzeh, Verdun, Achrafieh and Raouché.
Beirut provides potential for long-term capital appreciation, as well as rental income that comes from the tourism market place, with luxury rental properties in demand from sectors from the government offices, business professionals, where luxury apartments can provide investors rental income.
Beirut is the financial and cultural center, with major banks, universities, and international corporate's being present, further underpinning the luxury real estate market in Beirut.
While there is a large number of Lebanese living abroad, many have financial ties to their homeland which includes owning real estate, which can be used as an investment source of income.
Neighborhoods like Solidere and Raouché offer have limited land for new development, which maintains real estate values, and supports any investment.
Buying luxury real estate for personal use in Beirut, as an investment, or a mixture of both can provide good opportunities for those looking at the Eastern end of the Mediterranean Sea.
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