Beirut high end property prices in free fall

Dec 12, 2017 10:29:53 AM / by Nabeela D'Sa

Nabeela D'Sa

High end property prices are down 30% since 2011 and are predicted to drop 50% from the peak reached during that year. The Gulf Arabs no longer buy in Beirut and Lebanese expats remain cautious; while the domestic demand is geared towards smaller and cheaper apartments.

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Readmore: http://www.dailystar.com.lb/Business/Local/2017/Dec-04/428727-how-low-can-beiruts-housing-prices-go.ashx
Nabeela D'Sa

Written by Nabeela D'Sa

 

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