Beirut sits on a shore of Mediterranean Sea with population of over 2 million inhabitants. It is the largest city in Lebanon, also the capital city and the biggest seaport. Beirut’s climate is Mediterranean with warm days and nights so if you’re going to Beirut in spring or autumn, don’t forget your warm clothes, and umbrella if you’re going in winter time. In Beirut’s 5,000 years old history there were many catastrophic accidents like earthquakes, tidal waves, fire, also bombing in newer days, but nothing managed to destroy its spirit. We all know the old story about the bird Phoenix.
This year Beirut became the most expensive city in Middle East leaving Abu Dhabi (UAE) in the second place.
There are more than 130 hotels in Beirut. Some of them are “crème de la crème” hotels such as: Four Seasons Hotel Beirut (5 stars), Hotel Albergo (5 stars) and Le Gray Beirut (5 stars). For the top class hotels you have to pay more than $250 per night, but it’s worth it.
Lebanon’s Capital joins the club of 30 most expensive retail rental cities in the world. It is more expensive than many European capitals like Prague, Oslo, Stockholm, and Helsinki. Beirut is listed as the most expensive among 12 countries in the Middle East and Africa region.
If you are more rental type, here is a list of the most popular places to rent in Beirut.
One of the most popular rental locations is the Beirut central district where you’ll have to pay $1,847 (1,470 Euros) per square meter. However, it is lower than global average of $2,272 (EUR 1,808) but, on the other hand, it is higher than Middle East and Africa average of (EUR 779) per square meter.
Also, popular locations are: Achrafieh, Sayfi, Tallet El Khayat, Sassine, Clemenceau, Verdun, Geitawi, and Hamra. Achrafieh is the old part of town. It’s a combination of residential (numerous neighborhoods) and commercial (prestigious office buildings) district. Saifi Village, located southeast of the downtown, is residential area, also known as Le Quartier des Arts. Its hallmark is boutiques, art galleries, and antique stores. One of the major commercial districts of Beirut is Hamra with numerous restaurants, hotels, and top fashion stores. The rental price depends on location and the property type (apartment, duplex, hotel, house, land, shop, penthouse, restaurant, or studio). The yearly rental price for apartments goes up to $2,800,000 – this particular 401 m2 apartment being in Sayfi. If you have that amount of money to spend for one year rental, you will be blessed by beautiful location near the beach with breathtaking view of the sea and calm surrounding. This property is equipped with four bedrooms, two receptions and two parking spaces. Apartments in Achrafieh are among the expensive ones. For example, the 375 m2 apartment (4 bedrooms, 4 bathrooms, a dining room, and one parking space) costs USD 1,350,000 per year. The cheapest apartment for rent is located in Hamra. There you can find fully furnished apartments for 800 USD per one year Contract. Apartments in this price range are usually small containing one bedroom, one living room, kitchen, and bathroom. Average price per month in city center for one bedroom apartment is $712, for 3 bedrooms is $1,955. Average rent per month outside of center for one bedroom apartment is $438, for 3 bedrooms is $944.
Every year 2 million tourists visit Beirut and enjoy in its culture, night life, and theaters. Beirut is connected to the rest of the world through tourism and it is fascinating place where people are trying and succeeding to leave violent history behind.