Building for Sale in Baasir – Chouf District

Building for Sale in Baasir – Chouf District

5 minutes from Jiyeh coastal highway – quiet location with sea view

Promotional Intro
An excellent investment opportunity to own a residential building in the calm area of Baasir, suitable for rental income or long-term capital growth.

Description
The building is constructed on a 700 sqm plot, stone-clad, and consists of three floors, each floor containing two apartments of different sizes, with shared green spaces and parking.

Property Details

• Land area: 700 sqm.

• Sea view

• Quiet location

• Stone-clad façade

• Three floors

• Two apartments per floor

• One floor requires finishing.

Apartment Layouts

• Large apartments:

  Two bedrooms (one master with bathroom), salon, dining room, kitchen, balcony

• Small apartments:

  One bedroom, salon, kitchen, balcony

Additional Features

• Shared landscaped garden (60 sqm)

• One parking space per apartment.

• Small storage room

Investment Potential
Ideal for residential or furnished rental investment, with added value potential after completing the unfinished floor.

Gross Annual Income

2,550 x 12 = USD 30,600 Annually

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Estimated Operating Expenses (10%)

Maintenance – Management – ​​Partial Vacancy

≈ 3,060 USD annually

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Net Annual Income

30,600 – 3,060 = 27,540 USD

Excellent return in the Lebanese market

Can increase to 10.5% – 11% after:

Completion of the unfinished floor

Furnished or seasonal rental

Capital recovery period.

Approximately 10.8 years

Less in case of rent increases or partial sale

Price
USD 300,000

Location Keywords (SEO)
Baasir, Chouf District, Jiyeh, Building for sale in Lebanon, Investment property, Mount Lebanon real estate.