What do I need to know when buying property in Lebanon?
When we asked expats what advice they would give a foreigner before buying a property in Lebanon, they said...
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to hire a qualified lawyer to help you navigate the legal process of buying property in Lebanon. 3. It is important to understand the tax implications of buying property in Lebanon, as there are various taxes that may be applicable. 4. It is important to understand the zoning regulations in the area where you are buying property, as this may affect the type of property you can purchase. 5. It is important to understand the local customs and culture when buying property in Lebanon, as this may affect the process. 6. It is important to understand the financing options available when buying property in Lebanon, as this may affect the cost of the purchase. 7. It is important to understand the maintenance and upkeep requirements of the property you are buying, as this may affect the cost of ownership," explained one expat living in Lebanon.
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What do I need to know when buying property in Lebanon?
If you live in Lebanon, newcomers to Lebanon would love to hear your answer to this question: