In 2004, we bought a 220sqm apartment in Metn (Beit Chabeb) for around 130,000 USD which was the highest price for the region at that time, knowing that the average apartment at that time was valued from 70,000 USD and up to 100,000 USD maximum.
Today, that same apartment we bought, and which is now 6 years older, is valued at 300,000 USD, and the price is still rising. This is an increase of 230%. What bank could give that kind of return? What investment can do it?
Truly, real estate in Lebanon is the best investment possible for one if he or she wants to get a good return for his or her money. Since Real Estate Investing in Beirut is becoming more and more difficult with the scarcity of parcels and the high price of apartments, the situation in Metn is booming.
Lebanon Real Estate is a blog about Lebanese Real Estate Trends, to provide information about the current prices of different real estate sections (Land, Houses, Apartments) in different regions within Lebanon
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