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What next for Lebanon’s real estate market – Abdallah Hayek

Hayek Group LLC, A leading EPC firm operating from Beirut, Lebanon into MENA region. In 2013 Hayek Group published the first House Price Index for Lebanon based on data collected since 2003. Still monitoring the property market in Lebanon and the region with unbiased analysis based on collected data and info’s.

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Beirut, Lebanon – 2018 was a bumpy year for the automotive market in Lebanon, according to the report of the Association of Automotive Importers in Lebanon (AIA). Despite the overall market hitting a slump, with an 11% decline in the total industry volume and a 2.8% regression in the luxury segment specifically, INFINITI’s sales grew remarkably by 13% vs. 2017.

Finally at the beginning of 2007, Hayek Group expects a growth in the real estate market resulting from a comeback of Gulf investments specifically in areas like Gemmayzeh and Achrafieh in Beirut, and Aley, Sawfar, and Hammana regions in the mountains.

What next for Lebanon’s real estate market Amongst major challenges faced by the new Lebanese government is the stability of the real estate and housing sector, with questions being raised on the possibility of avoiding a price crash and survive amid the current market fundamentals?

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 · An increasing number of resorts and restaurant clusters in the countryside are expected to launch soon. Forest Resort, a mixed-use touristic project in Ain Saade, was launched recently by William Zard Group, a real estate company. The group has invested $18 million in the project.

Fig 1 real estate Directorate. As for the total property monthly fees, it exceeded the threshold of 100 billion LBP during March, August and October 2017. This rate has not been recorded for three months in one year since 2005.

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In modern-day Beirut, an insult (based on a real. Abdallah Salameh (Kamel El Basha), a Palestinian refugee who is the construction foreman on a city work crew. It revolves around a broken pipe..

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