24 Hrs
Source:
الشرق اللبنانية
Bank Audi Reports Resilient Lebanese Real Estate Prices
Lebanese real estate market continued to withstand challenges throughout 2026, despite geopolitical and security issues. Housing prices in Beirut either stabilized or increased by between 5% and 10%, primarily driven by a reduction in supply and rising construction costs due to higher oil prices. Conversely, property prices in areas affected by shelling, such as southern Beirut and southern Lebanon, declined. Although real estate transactions dropped by 25.5% and sales numbers decreased by 23.2%, the total value of property sales only declined by 5.4%, reflecting the high comparative base from 2025. The report anticipates continued market fluctuations, with possible scenarios ranging from stability and steady prices to a potential increase of 20% or a decrease of 10% within 12 to 18 months. Real estate remains a viable investment for patient and selective investors, especially in legally structured assets and prime land with unique characteristics.
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