Overseas Property Investors Beirut Could Be The Answer To Your Dreams

Once known as the party and culture of the Middle East, the Lebanese capital Beirut is now the place overseas property investors are looking for. The image etched in the minds of Europeans for example is that of a war-torn Beirut. It is now time to think again as the region now offers great prospects for real estate investors. Beirut low property prices combined with new foreign investment make it set for a good place to invest are.
Beirut the capital.
Beirut benefits from foreign investment and has undergone a major facelift. The new construction boom taking place and will help to return to its former glory. Beirut back This property boom is fueled by expatriates and foreign buyers who have already seen. The great potential in this region
Developers are on the way from Beirut way.
Damac Properties is investing in the region with a $ 150m real estate venture called La Residence is a 27-storey luxury tower designed by Ivana Trump. Other developers have also seen the potential and Beirut will be offering planned investments worldwide investor wide.
Tourism will increase. The World Travel and Tourism Council (WTTC) are optimistic about the future of tourism in Lebanon. Lebanon travel and tourism industry is expected to generate 4400000000 $ in revenue in 2006, rising to about $ 8.7 billion in 2016. The report expects the Lebanese travel and tourism industry activities grow by 6.2 percent in 2006 and 4.4 percent per year in real terms, between 2007 and 2016. It added that tourism is expected to increase from 10.9 percent of Lebanon's GDP, or $ 2.4 billion in 2006 to 14.4 percent, or $ 5.5 billion in 2016
Beirut education is impressive.
Beirut has major universities addressed to the major Arab countries seeking certain level of education. The most notable is the American University of Beirut (AUB), others are the Lebanese American University (ALU), Beirut Arab University, and the Lebanese Maronite University. Lebanon today is facing an unprecedented property boom in property prices soaring.

Nightlife Beirut is electric.
Beirut is a party town with bars and nightclubs open to the early hours. It has a social atmosphere of Ibiza and New York, people have an overwhelming thirst for life. Visitors are spoiled and wealth is in the air with some exclusive places to dine and dance.

Beirut stock exchange.
After eleven years of absence, the Beirut Stock Exchange returns with force. The exhibition is set to play an important role in attracting investments to Lebanon. The Beirut exchange has optimism in the future. Foreign interest in Lebanon was shown during meetings with the International Monetary Fund in Madrid.
Foreign investors. All real estate investors know that a part of your profit is made on the purchase price. Beirut low prices and seemingly healthy financial future make it a place that foreign investors need to investigate.
Copyright 2006 Nicholas Marr
Written by Nicholas Marr CEO of Marr International Ltd a UK based property marketing company that run one of Europe's fastest growing overseas property websites

No comments:

Post a Comment