View of Achrafieh. (Credit: Elie Bekhazi/L'Orient-Le Jour)
Following the “cease-fire” between Hezbollah and Israel and the announcement of a framework agreement signed by Lebanon and Israel in June 2026, Achrafieh’s real estate market has been picking up again. Yet activity there never came to a complete standstill. Despite the situation in southern Lebanon and the bombing of Beirut’s southern suburbs and parts of the capital after the war resumed on March 2, sales in the neighborhood continued. Prices in new developments rose by more than 10% in 2026, driven by higher construction costs and property values.“Against a backdrop of local and regional economic and security instability, as well as mistrust of Lebanon’s banking system, Beirut real estate remains a safe haven. Despite everything we have been through in 2026, the market has held up. Demand is there, and prices have recently risen,”...
Following the “cease-fire” between Hezbollah and Israel and the announcement of a framework agreement signed by Lebanon and Israel in June 2026, Achrafieh’s real estate market has been picking up again. Yet activity there never came to a complete standstill. Despite the situation in southern Lebanon and the bombing of Beirut’s southern suburbs and parts of the capital after the war resumed on March 2, sales in the neighborhood continued. Prices in new developments rose by more than 10% in 2026, driven by higher construction costs and property values.“Against a backdrop of local and regional economic and security instability, as well as mistrust of Lebanon’s banking system, Beirut real estate remains a safe haven. Despite everything we have been through in 2026, the market has held up. Demand is there, and prices have recently...