Investment and Luxury Properties in Damascus, Syria

Damascus is the capital and largest city of Syria, located a relatively short distance of 80-85 km inland from the eastern coast of the Mediterranean.

Why Invest in Luxury Property in Damascus, Syria?

As Damascus develops or redevelops, there is potential for increased demand for residential homes, as well as commercial real estate such as land. The market for luxury residences in upscale neighborhoods aimed at high-net-worth locals, expats and overseas investor in Damascus is likely to grow.

Cities like Damascus have a very long history, and provide due to the history, a good deal of tourism potential. Investing in luxury real estate, that includes heritage sites, and tours to well-known historical sites, could provide opportunities to the investor by investing into hotels and resort style real estate.

As infrastructure, legal clarity, finance options, and general stability may improve, real estate values in prime locations such as Damascus, Syria, and especially areas along the coast, could appreciate in value, with the luxury real estate market which includes luxury villas, luxury apartments and high-end resort style properties benefiting the investor.

In all areas with mixed real estate values and history, performing due diligence is critical when looking at purchasing for personal use or as an investment. Being located by the Mediterranean Sea, Damascus, Syria has many reasons to look towards developing a healthy tourism industry that attracts investors and increases revenue coming into Damascus, Syria.