Lebanon: House Prices, Rents, and Rental Yields
In Depth
- Overview
- Rental Yields
- Taxes and Costs
- Buying Guide
- Landlord and Tenant
- Inheritance
- Living There
- Useful Links
- Country Statistics
Find Property
Directory
Global Statistics
Regional Statistics
- Sq. M. Prices
- Rental Yields
- Rents
- Price/Rent Ratio
- Price/GDP per Cap
- Buy/Sell Costs
- Capital Gains Tax
- Landlord & Tenant Law
- GDP Per Capita
- GDP/Cap Growth 1 yr
- GDP/Cap Growth 5 yrs
- Economic Freedom
- Ec. Freedom 5 yrs
- Property Rights Index
- Currency +/- Value
Last Updated: Oct 02, 2008
A drop from moderate to poor
| Last Updated: Oct. 02, 2008 | |||||
| BEIRUT - Apartments | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 150 sq. m. | 334,350 | 1,430 | 5.13% | 2,229 | 9.53 |
| 250 sq. m. | 694,000 | 2,210 | 3.82% | 2,776 | 8.84 |
| 350 sq. m. | 1,031,800 | 3,437 | 4.00% | 2,948 | 9.82 |
| 600 sq. m. | 2,473,800 | n.a. | n.a. | 4,123 | n.a. |
| Districts researched Ashrafieh, Ain El Tineh, Centre Ville, Clemenceau, Gemmayze, Jnah, Hamra, Manara, Ramlet El Bayda, Ras Beirut, Rouche, Sannayeh & Verdun Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
|||||
Recent figures show that Beirut yields have dropped even lower to 4.3% on the average from 6.2% by the end of 2007.. Smaller apartments still get higher yields up to 5.13%, also lower from the previous year of 7.46% for 150 sq. m. Yields can go as low as 3.82% for apartments of 350 sq. m.
Average prices for apartments have doubled according to Global Property figures, priced at an average of now US$3,019 versus US$ 1,690 per sq. m. from 2007. Naturally, price increases as the apartment size gets larger. A 600-sq. m. apartment can sell for around US$4,123 per sq. m.
Post a comment
Subscribe to our Newsletter!
Enter your email address to sign up.
RSS
Your Comments
posted by tala k | 2008-05-07
architect, beirut
i think the S/m2 is far under estimated in this table, based on market research. it is between 2000 and 4500$ even 7000$ for some apts