Top 5 Reasons Why Real Estate is a good Investment in Lebanon in 2023

10th May 2023
Home > News > Top 5 Reasons Why Real Estate is a good Investment in Lebanon in 2023

Real Estate has always been a safe and sound investment.

This article will explore why it is a really good idea to invest in Lebanon nowadays. 5 Reasons why Real Estate is a good investment in Lebanon nowadays:

1. Worldwide inflation

We are all aware of the worldwide inflation rocketing in the past year with no clear vision in the near future on how to contain it. What does this mean? in times of high-inflation, do not save! Spend or invest. The purchasing power of your dollars is decreasing as inflation is rocketing and hence it is only wise you spend the money today (as it will buy you more goods & services vs. tomorrow) or invest. You may invest in Real Estate or stocks or any other form of investment. I will argue in the next few bullet points that real estate is a great investment for your money - especially in Lebanon as prices are very favorable at the moment.

2. Banks health in USA & Europe

So basically due to inflation, saving is not advised at the moment. Let me add that banks' health situation in USA and Europe is not at its best at the moment. As Lebanese, we understand very well how important the bank health situation is. We have been there only recently when Lebanese banks stopped paying depositors their deposits. It is not very difficult for Lebanese to understand and reconnect with fears of having a deposit at a bank and being unable to retrieve that deposit.

3. Real Estate Prices in Lebanon are favorable

As we all know, following the recent collapse of economy in Lebanon - in its turn, real estate prices have adjusted. While we are unable to buy anymore real estate by using checks, the prices of real estate in Lebanon in real cash or fresh $ have decreased by almost 40% to 50% compared to prior to 2009 crisis. Mind you, we are seeing that prices of real estate have increased vs. late last year and continues to expect to increase. The best time to buy real estate in Lebanon is today - only because yesterday is behind us. Month after month, sellers are adjusting their prices upwards. You want to buy real estate in Lebanon, do it today!

4. Rentals are in fresh $

Rental prices have shifted completely to USD cash or fresh. Not only that, the rent average is getting closer and closer to the average of prior to crisis. Rental prices are adjusting quickly and only with an upward projection. What does that mean? it means your ROI on your real estate investment in Lebanon is improve and will continue to improve.

5. Safe investment

At the end of the day, there are many forms of investment. Some invest in stocks and others in gold and metal. What is sure is that diversification is recommended. There is no safer investment that real estate and it has proven to be a wise investment in Lebanon so far despite all the recent crisis we've been through.

Don't try to come in a few months and buy real estate with today's prices. Real Estate prices in Lebanon are going up. This is a fact. You want to invest in Real Estate in Lebanon, there is no better time than today! and no better company than JSK Real Estate to guide you to the best deals across Lebanon.

Samar Hassan
General Manager
JSK Real Estate

 

 


Share this article
  • icon
  • icon

Related News Articles

The 2022 Renaissance of the Lebanese Real Estate

“Invest in Real Estate and you’ll never lose” is a statement heard by all, claimed by many, and executed by a few. One thing common among those few is that they have analyzed beyond what was said and deduced that the only way to win in real estate is to have patience and invest on the long-term. This is exactly the case with the Lebanese real estate market in...

21/12/2022
Want To Build A Career As Real Estate Agent? Here Are 5 Reasons Why…

Many people choose to build a career in real estate. For ambitious, hard-working professionals, a career in real estate can be very rewarding.1. Set your own schedule: As a real Estate agent, you don’t have official working hours you have to abide by. If you have anything you need to attend to, you simply do not book meetings during that time and your calendar is free. While th...

17/09/2020
Why is it Important to Price Your Property Correctly? 

If you are a property owner, and you are aiming to sell your property, two key factors are critical:1- Choose your real estate agent 2- Price your property correctlyYour success in above two points will determine how successful you will be in selling your real estate property. and how fast of course!Your Real Estate agent/company should have a track record of selling propertie...

04/01/2024
Breakfast At JSK Aamchit Agency

The team of Jbeil invited JSK agents and management to a breakfast in their new agency located in Aamchit, Center 2112, GF. Jbeil team has been operational from their new agency for a couple of months now and they wanted the full company to get to know their agency.The breakfast was followed by a chat among JSK agents from the different agencies discussing the latest challenges...

24/09/2020