One of Lebanon’s top real estate portals, Realestate.com.lb, has reached a new record of published properties and traffic on its site.
In the company’s press release they stated: “We are proud to announce to all our fans, users, brokers and developers that our website database has just reached 12,000 published properties.”
The site has seen the highest traffic in its history in the first quarter of this year. Over 50% of Realestate.com.lb’s users originate from countries other than Lebanon, such as the UK, USA, UAE, Kuwait, Syria, KSA, Canada, and Australia. A great deal of Lebanese expatriates has shown an interest in investing in the local real estate market.
“We believe that the high interest in Lebanese property may be due to the region-wide political unrest and economic factors in the other countries, the United States and Europe.” Said Wissam Moubarak, CEO of Realestate.com.lb.
“With these markets being slow, Lebanon seems to always be beating the odds, with its strong banking sector and with over 15 million Lebanese living abroad, the interest shown from property investors from over 10 countries demonstrates a healthy demand for the real estate market in Lebanon.” Concluded Moubarak..
Realestate.com.lb was designed to provide property buyers, renters, investors both in Lebanon and abroad, easy hassle-free searching capability for properties. The site provides marketers of these properties an avenue to reach a wider and more targeted audience in the most cost effective and efficient manner.
The website helps visitors find listings for sale or rent by real estate agents, developers and individuals; from new land estates, new apartments, new house developments and historic homes. Individuals looking for property rentals and houses to share, are catered to as well and everyone visiting Realestate.com.lb can take advantage of its free and helpful home decoration section, loan calculator and news section.