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Investing in a property located near good education and hospital facilities is one of those golden rules successful investors adhere to. Property values in this area can increase faster than in any other place due to the constant high demand.
Old building with solid structure in Ras Beirut neighboring AUB-Prime area. Ras Beirut neighborhood is known for its diversity and vitality with a high demand of residential and commercial properties to supply the needs of its residents. The building comprises of: 5 floors with 15 apartments in total: 3 apartments/floor of 1, 2 & 3 bedrooms. The 5th floor has 2 apartments of 1 bedroom, each with its terrace. Number of shops: 3. Condition: needs renovation. Due to its proximity to AUB, AUBMC and schools in the area the usage of the property are endless: The building may be renovated and adapted for the use of: Consulting Clinics, Laboratory & Medical Tests Center, Boutique Hotel, Students Dorm, Training Institute etc.... If the building is demolished 10 floors may be erected. Land area: 424m2- Zone 3 – Corner. Built up ratio: 4/60%
Further information and documentation upon request.
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