Buy > Plot of land in Beirut
US$11,000,000
Property Type: Plot of land
Property ID: 11029544
Area Size: 900 m²
No information available
Beirut
Saifi
No information available
No information available
Property Brokerage and Management s.a.l. is a real estate brokerage and consultancy
company established in 2007. PBM is one of the few companies in Lebanon that
provide full-services in the real estate domain.
It offers its clients a high level of professional real estate brokerage,
property management, and consulting services, based on the accurate
and reliable information.
PBM is committed to building value through the high-level services it provides to its
clients while developing constructive, long-term and mutually rewarding relationships.
PBM selectively picks its team to ensure that each member is fully dedicated to work
and customer satisfaction.
Since its establishment, PBM has been working on gaining the trust
and appreciation of its clients.
1. Project Overview
Land Details
Lot Size: 900 sqm
Zoning Classification: Zone 2
Zoning Benefits:
Buildable Area Multiplier: x5
Additional Dual Road Access: +10%
Additional Balconies: +20%
Common Areas: +20%
Total Asking Price: $11,000,000 USD
2. Valuation Breakdown
Category Value (sqm)
Original Land Size 900
After Zoning Multiplier (x5) 4,500
After Dual Road Addition (10%) 4,950
After Balconies Addition (20%) 5,940
After Common Areas Addition (20%) 7,128
Total Sellable Area 7,128
Land Price Per Sellable sqm: $1,544
Land Price Per Lot sqm: $12,222
3. Financial Feasibility
Category Cost per sqm (USD)
Land Cost per Sellable sqm $1,544
Construction Cost per sqm $1,500
Expected Profit per sqm $1,500
Total Expected Selling Price per sqm $4,544 (Average)
Total Projected Profit
Total Sellable Area: 7,128 sqm
Total Profit: $10,692,000 USD
Conclusion
This investment opportunity offers an attractive return, given its prime location and zoning benefits. With a projected total profit of over $10.6M USD, the property is well-positioned for high-end residential. However, the pricing and overall returns will largely depend on the stabilization of Lebanon’s banking and economic sectors. As the market recovers, we anticipate a strong demand for apartments in Ashrafieh. To maximize market appeal and ensure broad buyer interest, it is essential to develop units of various sizes, catering to different needs and budgets.
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