Real Estate Prices - April 2014
The formation of the Lebanese government and the defusing of tensions between political rivals, which might pave the way for a certain political stability.
The decline in security turbulence following the enforcement of the security plan in Tripoli and the absence of car bombings.
The shifts in the military situation in Syria, particularly in the towns neighboring Lebanon.
The stability in prices, with a slight upward inclination for mid-priced apartments particularly, which drove people to stop waiting for price declines and to venture into purchases.
Tables 1 and 2 illustrate the prices of some estates and apartments sold in April 2014.
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Prices of some estates sold in April 2014 |
Table 1 |
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|
Region |
Area (m2) |
Price (USD) |
USD/m2 |
|
Beirut |
|||
|
Zqaq Blat |
820 |
6,560,000 |
8,000 |
|
Baabda |
|||
|
Hazmieh |
530 |
1,060,000 |
2,000 |
|
Araya |
1,100 |
913,000 |
830 |
|
Matn |
|||
|
Broumana (Al-Ouyoun) |
1,000 |
400,000 |
400 |
|
Rabieh |
910 |
2,502,500 |
2,750 |
|
Monteverde |
1,200 |
1,200,000 |
1,000 |
|
Aley |
|||
|
Aitat |
870 |
278,400 |
320 |
|
Kessrouan |
|||
|
Faytroun |
1,000 |
330,000 |
330 |
|
Faraya |
3,500 |
525,000 |
150 |
|
Ajaltoun |
1,200 |
420,000 |
350 |
|
Ballouneh |
850 |
935,000 |
1,100 |
Source: Compiled by Information International
|
Prices of some apartments sold in April 2014 |
Table 2 |
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|
Region |
Area (m2) |
Price (USD) |
USD/m2 |
|
Beirut |
|||
|
Qasqas |
200 |
600,000 |
3,000 |
|
Msaytbeh |
185 |
545,750 |
2,950 |
|
Ras el-Nabe’e |
150 |
450,000 |
3,000 |
|
Zqaq Blat |
170 |
306,000 |
1,800 |
|
Hamra |
230 |
839,500 |
3,650 |
|
Mar Elias |
160 |
416,000 |
2,600 |
|
Sodeco |
190 |
465,500 |
2,450 |
|
Nasira |
160 |
464,000 |
2,900 |
|
Rmeil |
100 |
160,000 |
1,600 |
|
Baabda |
|||
|
Hazmieh |
200 |
430,000 |
2,150 |
|
Hazmieh (Mar Taqla) |
300 |
600,000 |
2,000 |
|
Ain Roummaneh |
110 |
198,000 |
1,800 |
|
Jomhour |
180 |
342,000 |
1,900 |
|
Loueizi |
225 |
427,500 |
1,900 |
|
Matn |
|||
|
Antelias |
170 |
277,100 |
1,630 |
|
Monteverde |
190 |
399,000 |
2,100 |
|
Mansouried |
350 |
402,500 |
1,150 |
|
Dbayeh |
200 |
260,000 |
1,300 |
|
Zalqa |
330 |
495,000 |
1,500 |
|
Aley |
|||
|
Doha Aramoun |
120 |
144,000 |
1,200 |
|
Doha Aramoun |
300 |
300,000 |
1,000 |
|
Bshamoun (Maderes) |
160 |
192,000 |
1,200 |
|
Bshamoun (Yahoudiyeh) |
230 |
241,500 |
1,050 |
|
Khaldeh |
130 |
182,000 |
1,400 |
|
Aramoun |
150 |
195,000 |
1,300 |
|
Kessrouan |
|||
|
Shaileh |
165 |
231,000 |
1,400 |
|
Ballouneh |
260 |
340,600 |
1,310 |
|
Zouq Mosbeh |
140 |
168,000 |
1,200 |
|
Ghadir |
200 |
300,000 |
1,500 |
|
Adnonis |
120 |
174,000 |
1,450 |
|
Sahel Alma |
150 |
213,000 |
1,420 |
Source: Compiled by Information International
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