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Thursday, February 7, 2013

Hazmieh Apartment for sale شقة للبيع في الحازمية بيروت

Hazmieh Apartment for sale (27 photos) شقة للبيع في الحازمية بيروت

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apartment for sale in Hazmieh , 170 sqm , 3 bedrooms include 1 master bedroom , 2 baths , Salon , Dining room , 2 balconies , elevator , generator , price 320 000$ ,

more info : 70120319 , 70120318 , www.happy-home-group.com ,www.baytounamagazine.com

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Wednesday, February 6, 2013

للبيع بناء في دوحة عرمون ، 210 متر ، مواقف ، 6 طوابق

www.happy-home-group.com/propertydetails.php?pid=2825ShareMar 4, 2012 – للبيع بناء في دوحة عرمون ، 210 متر ، مواقف ، 6 طوابق ، سوبر دولوكس , building for sale in dawhat aramoun , 210 sqm , parking , 6 floor , super ...

Property Location: Aramon - Khalde - Dawha Dawha

Aramoun site:happy-home-group.com

www.happy-home-group.com/propertydetails.php?pid=174ShareSep 28, 2010 – Property Location: Aramon - Khalde - Dawha Dawha الدوحة. Zipcode: 00961. Address: dawhet aramoun- mariam street -minawi building ...

المتن الشمالي - المنصورية - 5 غرف نوم - دار و سفرة

Apartments For Rent in Mount Lebanon Lebanon

المتن الشمالي - المنصورية - 5 غرف نوم - دار و سفرة - صالحة لشركة او عيادة - سوق المنصورية ط. 1

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Friday, February 1, 2013

Monte Verde - Great Apartment for sale

Monte Verde - Great Apartment for sale (14 photos)

Like , Share and Win with Baytouna Magazine http://www.facebook.com/Baytouna.Magazine , , Apartment for sale in Monte Verde , 220 sqm , 2 bedrooms , 1 master bedrrom ,Salon , Dining room , Maid room , 2 parking , with 170 sqm Garden , the apartment is -1 floor , but as you see in the pictures , it has a great view and wonderful garden , elevator , generator , water 24/24 , with cave : 20 sqm , swimming pool , price : 525 000$ , more info : 70120319 , 70120318 , www.happy-home-group.com , www.baytounamagazine.com

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Thursday, January 24, 2013

Projecto Ksara, distintivos apartamentos, 3 quartos, salão, sala de jantar, 3 banheiros, estacionamento, vista maravilhosa para o Vale de Bekaa tamanhos

Participem e ganhem conosco:
Projecto Ksara, distintivos apartamentos, 3 quartos, salão, sala de jantar, 3 banheiros, estacionamento, vista maravilhosa para o Vale de Bekaa tamanhos diferentes: bloco A , 170 metros quadrados, o prédio e constituido de quatro andares, cada andar é composto por dois apartamentos, jardins rodeiam o projeto, uma visão soberba, bloco "b": 160 metros quadrados, uma vista maravilhosa ,bloco "c": 155 m2, de luxo. Para obter mais informações: 0096170120318, 0096170120319
Curta,compartilhe e ganhe com a Revista Baytouna: http:www.facebook.com/Baytouna.Magazine
Para seus anuncios entre em contato conosco: 0096170120318, 0096170120319
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A 220 sqm great apartment located in Sahel Alma, with a breathtaking panoramic view

Like , Share and Win with Baytouna Magazine http://www.facebook.com/Baytouna.Magazine A 220 sqm great apartment located in Sahel Alma, with a breathtaking panoramic view (sea and mountain), consisting of 2 receptions, 3 bedrooms (1 master and 2 regulars), 3 bathrooms, 4 balconies,1 maid room and 1 parking lot. PRICE : 350 000$ لاعلاناتكم في مجلة " بيتنا " اتصلوا بنا : 70120318 , 70120319 , http://www.baytounamagazine.com/ , http://www.happy-home-group.com/

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Tuesday, January 22, 2013

Search our propedrties , apartments for sale in Beirut Lebanon

Search our propedrties , apartments for sale in Beirut Lebanon and

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Land for Sale in Achrafieh , check our Lebanon Beirut real estate & Property http://www.happy-home-group.com

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Real estate developers: Projects still on track

By Mohamad El Amin

The Daily Star

BEIRUT: Two major luxury real estate developers said Wednesday that their Lebanon projects were still on track in spite of economic challenges facing the country and a period of uncertainty in real estate market.

Real estate developer Majid Al Futtaim Properties said in a statement Wednesday that it had awarded a Lebanese joint construction venture a $225 million contract for the first phase of Waterfront City on Dbayyeh seaside.

Designed by SB Architects, Waterfront City, a nearly $2 billion investment expected to generate 10,000 jobs, will be executed in four phases over the next 15 years.

It will cover 250,000 square meters of land and include a wide range of residential apartments, a large retail mall, two international hotels, a business park, public spaces and a marina.

Arabian Construction Company and Matta et Associés SAL won the contract which covers an expanded first phase of the project, the United Arab Emirates-based developer said in an emailed statement.

“ACC-Matta was able to show a full understanding of the developer’s vision, an understanding of sustainable practices, along with a solid track record of delivery on projects of similar scope and scale,” it added. Phase 1of the project will offer residential and retail properties, restaurants and new public spaces. Handover is expected in early 2015, the statement said.

“It is another substantial investment into the Lebanese economy both in terms of money spent and job creation during construction and permanent roles on completion,” Samer Bissat, senior project director at Waterfront City commented.

ACC’s CEO Maher Merehbi said the two companies will bank on experience in big-scale, fast-track projects in Gulf Cooperation Council states to meet the time and quality requirements for the development.

In a separate statement, the management of Sama Beirut, which is the highest tower planned in Lebanon, announced that 40 percent of apartments have already been sold two years ahead of delivery.

In a statement, the project management said construction of 50-floor tower is approaching halfway.

“Demand for units in Sama Beirut did slow down but never stopped even though the market is going through a lull period,” said Massaad Fares, manager of Prime Consult in charge of Sama Beirut sales. “To date, sales amount to $130 million, 40 percent of Sama Beirut’s value,” he added.

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Beirut real estate boom slows but prices still too high for many

By Habib Battah

The Daily Star

BEIRUT: For Rudy Karam, looking for an apartment in Beirut was a depressing exercise. The best deal the 32-year-old sales representative found was a decrepit one-bedroom flat renting for $1,000 in the trendy neighborhood of Gemmayzeh.

“The tiles were falling down, there was no hot water and the refrigerator was in the living room,” he says.

So Karam and his girlfriend … like many young couples who work in Beirut … chose to move to the hills above the city, where they found a brand new three-bedroom apartment at half the rent and double the size. Now they can afford a vehicle for the daily half-hour commute. “Even with the car payments and the rent, it’s still cheaper than living in Beirut,” Karam says.

As real-estate prices soar in the Lebanese capital, many young professionals and middle-income earners say they have been forced out of the city, with some complaining that rents rose by up to 30 percent last year.

Indeed despite war, conflicts and political crises, the price of homes in Lebanon has continued to rise exponentially over the last five years, reaching $9.5 billion worth of transactions during the 2010 fiscal year, according to the Finance Ministry. That’s no small figure for a country with a GDP of $39 billion while many industry insiders say real estate sales could be much higher because under-reporting to avoid taxes is so commonplace.

Land is scarce in Lebanon and local buyers face a crowded market, competing both with well-to-do expatriates who return for summers and wealthy Arabs from the Persian Gulf states seeking Mediterranean vacation homes.

In the luxury market, realtors say some properties have tripled in price over the last three years.

Maher Moukaddam, a real estate consultant with the Finance Ministry, throws his hands in the air. “Is it possible that an apartment was selling for $1 million in 2007 and now it’s $3 million?” he asks from a drab government conference room. “It’s not healthy. No one can buy a house in Beirut anymore.”

He claims many new apartments in the luxury sector remain vacant: “Right now I can show you 150 apartments downtown that are empty,” he says in reference to the rows of glass and steel condominiums that have recently been erected in the Solidere area.

Some say prices are too high, and recent statistics indicate that they may finally be leveling out after years of nonstop growth. But few think prices will actually come down.

“Developers are not keen on reducing their prices,” says Karim Makarem, director of Ramco Real Estate Advisers, based in Beirut. Although there is a natural need for new apartments, with some 15,000 additional Lebanese households created every year according to estimates, “supply is not meeting demand”

According to Makarem’s figures, Beirut property values have increased up to 25 percent per year on average since 2005, slowing only recently in 2010 to a growth rate of about 10 percent. Growth has also dampened according to the Finance Ministry, which published a 12.5 percent drop in overall real estate transactions for the last quarter of 2010 when compared to the same period the previous year. Still, 2010 as a whole saw a 10 percent increase on transactions in 2009.

The fourth quarter slowdown is blamed on investor fears over political instability as debate swirled late last year over the controversial indictments expected to be issued in the case of former Prime Minister Rafik Hariri’s 2005 assassination.

“We are in period of instability,” says Marwan Barakat, head of research at Banque Audi. “I don’t foresee an increase in property prices for the time being. Prices will maintain in current levels.”

The stagnation is welcome news to Makarem: “I think what’s happening at the moment is healthy. No real estate market should be increasing more the five to ten percent per year – beyond that it becomes a little unsustainable.”

If developers expect to thrive in the current environment, they would be advised to economize the cost of construction, lower financial returns and offer smaller apartments, he says.

But others say the consistent hike in prices is not necessarily negative.

“I don’t think it’s healthy or unhealthy,” says Elie Harb, president of the American reality franchise Coldwell Banker, in Lebanon. “The market was so devalued 10 years ago,” he says from his corner office overlooking bustling Beirut. “It’s just catching up.”

Harb is not overly concerned by the slowdown in prices, claiming his business was barely affected by the collapse of Saad Hariri’s government last month. He runs his fingers along a chart showing the step-like growth of real estate transactions since 2001. There are no negative figures, only a plateau during the period covering Hariri’s 2005 assassination and the Lebanon-Israel war of 2006. All subsequent years register a steep rise despite the Nahr al-Bared conflict in 2007, the street fighting of 2008, and all the political crises in between.

Bank Audi’s Barkat agrees that declines are unlikely: “Prices in Lebanon are like stairs, they go up, then stabilize for a while and then go up again, they don’t fall.”

Hung on Harb’s office wall is a giant artist’s conception of a $100 million shopping mall project currently under way in the Beka Valley. None of its investors have considered pulling out, he says.

Even in the luxury segment, confidence among realtors remains high. “For us, it’s a good time to buy,” says Victor Najjarian, head of Care Group real estate consultants, which claims a portfolio of $2 billion worth of high-end properties. From the panoramic views at his sleek offices downtown, barely one empty plot is visible amid the fresh crop of high rises – evidence, he says, of strong demand and limited supply.

“We began buying properties the day the prime minister was chosen,” Najjarian says in reference the election of Najib Mikati two weeks ago, following violent street demonstrations.

When asked whether prices might be too high, he stresses that Lebanese banks hold deposits in excess of $100 billion while cash keeps pouring in from expatriates. “The town is rich, people can afford it.”

But with a per capita income of around $10,000, many average Lebanese struggling to find homes would beg to differ.

From his new home in the suburbs above Beirut, Rudy Karam believes more and more Lebanese are likely to follow his example and begin commuting to their jobs in the capital. “People are going to start moving back to their villages,” he says. “Normal people can’t afford Beirut.”

Read more: http://www.dailystar.com.lb/Business/Lebanon/Feb/07/Beirut-real-estate-boom-slows-but-prices-still-too-high-for-many.ashx#ixzz2IhX1hFAQ
(The Daily Star :: Lebanon News :: http://www.dailystar.com.lb)

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