Is Batroun Real Estate Really Booming in 2023?

Home > News > Is Batroun Real Estate Really Booming in 2023?

Batroun is a vibrant city to the north of Beirut which has been on the map of tourism in the past few years. We cannot but notice the restaurants, beaches and nightlife competing to open and expand to Batroun. But what about real estate? Is real estate booming in Batroun in 2023?

We have asked JSK Real Estate team leader in Batroun- Rami Assi the following questions:

1. Let us begin by talking about rent - both commercial and residential. How do you describe rent prices and demand in Batroun in 2023?

Let me begin by residential rent. Definitely there is a big demand for seasonal residential rentals - say for 2 up to 6 months. Because price of short term rentals such as hotels, beach resorts and Airbnb have rocketed in past few years in Batroun, many families are seeking residential properties to rent for seasonal or even yearly periods slightly outside of souk and beachfront. Those properties are relatively better priced vs short term rents and indeed we have closed many rental deals as such.

My advice for tenants is to be quick in making a decision or else the property can be easily rented for another client. Another advice is to start the search no later than March or April to secure best deals.

As for commercial, most F&B business are requesting prime locations in souk as an example. Rent prices have rocketed indeed for commercial properties in prime locations in Batroun.

2. What about sale transactions in Batroun?

Most requests are for investors. People are looking to buy properties at good prices and renting those properties as short term rentals - mainly Airbnb. The properties demanded in Batroun are mainly for rental investments and we have closed many recent sales deals in Batroun as such.

3. How do you see the outlook for Batroun Real Estate?

Batroun is truly considered as a jewel on the Lebanese coast. Buying real estate in Batroun city or the bigger Batroun area is definitely a good investment and I highly recommend it. I have seen only an upward trend in prices of real estate in Batroun in the past few years.

Partagez cet article

Related News Articles

JSK training day - The Nine Belbin Team Roles

On Tuesday, December 20th, 2022 JSK team had a full training day in Sama Beirut headquarters. President Jade Zoghaib held the training and he explained to the team what are the nine Belbin team roles.What is Belbin training?Dr Meredith Belbin's model for building successful teams – including leadership teams – is the result of years of research into the importance o...

20/12/2022

JSK Team Participated In The Initiative Of 'YED'

JSK team joined the efforts of many other volunteers since the early hours of Sunday to clean Amchit front line in particular. JSK was represented by its CEO Mr. Jade Zoghaib and a large number of employees all gathered to volunteer and help the environmental initiative of YED. “Those initiatives are a must to keep the positive image of our country – the green and clean Lebanon...

01/07/2017

Looking back, was buying Real Estate using banker's check a good decision?

When the monetary crisis hit Lebanon back in late 2019, many depositors realized quickly that it will be very difficult to retrieve their money from Lebanese banks. The deposits were trapped inside the Lebanese banks and depositors had to find ways to limit their losses.Many depositors acted really fast and started using their deposits to buy real estate in Lebanon. As a m...

22/02/2023

JSK End of Year Celebration

JSK's New Headquarters in Sama Beirut – Sodeco was our new destination for this year’s end-of-year ceremony that took place on Wednesday, March the 2nd. Mr. Jade Zoghaib – CEO – & Mrs. Samar Hassan – GM were delighted to invite JSK team to this event that started with a word for CEO Mr. Jade Zoghaib, followed by a throwback on outstanding...

18/03/2022