Development Land for Sale in Mechref via Viraluxe

Prime Residential Development Opportunity

Viraluxe – Digital Real Estate Marketing & Brokerage proudly presents a development land opportunity in Mechref, Mount Lebanon, suitable for residential, villa, townhouse, or medium-scale development projects.

Property Details

Location: Mechref, Mount Lebanon

Total Land Area: 1,200 sqm

Zoning Ratio: 25/50

Asking Price: USD 360,000

Development Potential

Approximate Ground Coverage: 300 sqm

Approximate Total Buildable Area: 600 sqm

(Subject to final engineering studies and municipal approvals)

Suitable For

Luxury Villa Development

Townhouse Project

Residential Building

Long-Term Investment Project

Build-to-Sell Development

Developer ROI Analysis

Purchase Price: USD 360,000

Approximate Land Cost: USD 300 per sqm

Development Scenario

Buildable Area: 600 sqm

Estimated Selling Price: USD 1,200 – 1,800 per sqm

Potential Gross Revenue USD 720,000 – 1,080,000

Estimated Construction Costs USD 350,000 – 500,000

Estimated Developer Profit USD 150,000 – 350,000+

Depending on project type, finishing standards, and market conditions.

Investment Strengths

Prime residential location

Strong development flexibility

Good zoning ratio

Attractive long-term appreciation potential

Suitable for multiple development concepts