Home Real estateWalking towards the light

Walking towards the light

by Jeremy Arbid

Instead of hoping for good political news in Lebanon today, property hunters should just trust their fortunes. The country is much more stable than it looks, and smart money has every chance to find good real estate buys. At the same time, there are few bright spots for sellers. The uncertainty in the upper end of the Lebanese market has developers scratching their heads — their business models overwhelmingly depend on developing pricey new projects in order to maintain economic growth and cash flows. But with sales in that segment of the market remaining ‘rigid’, many are now looking to diversify their revenue streams. The mid to lower end of the market — the affordable housing segment — is booming with demand, partly satisfied by mortgages backed by the central bank’s monetary stimulus. Even some developers who were previously locked into luxury projects are beginning to look at tapping into

You may also like

✅ Registration successful!
Please check your email to verify your account.