Falling demand

While demand for properties is shrinking in Lebanon, will the real estate market see a drop in prices?


After years of growth, the property market in Lebanon has seen a decline in demand by beginning of 2011. Real estate experts attributed this situation to the unending political uncertainty in the country combined with the regional turmoil, in addition to the rise in property prices.



In the first two months of 2011, the total number of property sales transactions decreased by 18.7 percent compared to the same last year period, reaching 10,630 transactions, according to the directorate of real estate.


While some real estate experts anticipate that property prices will remain stable, few expect prices to go down. Some admit that it has become easier now for buyers to find bargain prices.


In 2010, the value of property sales amounted to $9.5 billion. Much of the demand stemmed from the strong Diaspora and the oil- and rich Gulf nationals.
As the picture is still ambiguous, many experts foresee that Lebanon’s real estate sector wouldn’t collapse, however, it would face a period of stagnation.



Migration to cities is increasing so much that, by 2050, the UN predicts that approximately two thirds of the world’s population will be living in cities.


  • A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
  • The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on  Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
  • A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.




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