by lebaneseexaminer.com = The average starting cost for apartments under construction in Beirut vary from $2,000 to $8,500 per square meter, according to a new study conducted by a Beirut-based real estate advisory firm. The firm RAMCO studied apartment asking prices in 67 Beirut neighborhoods, including popular downtown districts such as Saifi Village and Manara. According to the study, between 2016 and 2017, prices have dropped in 34 out of the 67 Beirut neighborhoods, especially in central neighborhoods between Bachoura and Kaskas. But researchers say there has not been a significant drop in apartment prices in the highest tier of the market. The most expensive neighborhoods, Manara and Saifi Village, have the same asking price as last year.
SEE MAP OF BEIRUT’S MOST EXPENSIVE NEIGHBORHOODS: