If you’re looking for an apartment for sale in Beirut especially in areas near to local facilities, Hamra might be right for you. Hamra is home to big educational institutions like the American University of Beirut (AUB), the Lebanese American University (LAU), and Haigazian University. It is also home for big restaurants and cafes like Starbucks, Caribou Cafe, Gloria Jean’s, Roadster Diner, Zaatar w Zeit, etc. As for health care, Hamra is home to one of the biggest medical centers in the Middle East, the AUB Medical Center. Hamra also has many of Beirut’s main hotels which get crowded by tourists during vacations and specially summer time. One of the main hotels in Hamra is Crowne Plaza which has a couple of restaurants shops and a gym in it. Crowne Plaza falls in Hamra’s commercial district, one the biggest commercial districts in Beirut. Hamra’s main street has shops of big international chains that display the latest fashion fads. All this and more make Hamra an attractive area to live in.
Before you start searching for apartments for sale in Hamra, decide on where exactly do you want to stay in Hamra. Do you want to stay on Bliss Street? The most popular street for food lovers in Hamra is Bliss Street; where Lebanon’s biggest educational and medical institutes fall. The American University of Beirut has been established since 1866 and is composed of 64 buildings including the AUB MC.
This street is like home to many AUB students, alumni and staff. People don’t only go to Bliss Street to grab a sandwich or a Tonino crepe; they go there to either make memories or recall ones. Bliss street is home to tens of restaurants, coffee shops, food booths and grocery stores.
Whether you’re craving a burger, a “mankousheh”, crepe, beef sandwich or even black coffee; you can find it all at Bliss Street. Bliss has been known for its tens of cats and 24/7 traffic jam that has put hundreds of students under warning because of being late to class.
Then think about how many rooms do you need? This will help you decide on the number of bedrooms and the size of the apartment that you need. Apartments for sale in Hamra usually consist of two to five bedrooms, ranging between 100 and 700 m in size. Now think about how much you can really afford. Calculate your fixed expenses and debts; then see how much can you save. You can find an apartment for sale in Hamra for something between $300,000 and $7,000,000. A less expensive alternative can be an apartment for sale in Salim Slam where apartments range between $250,000 and $900,000 in price. A more luxurious option on the other hand can be an apartment for sale in Koraytem or Down Town. If you can’t afford the whole budget at once, there are several ways to pay the amount over 20 to 25 years. This mean you’ll be taking away a portion of your monthly allowance to spend over housing, in addition to other costs associated with owning a home. Don’t go for an option that you can’t afford because this will affect the way you spend on the long term. Finally, make sure to inspect any apartment for sale in Hamra which you consider buying. This is to avoid future surprises that can cost you a lot of money and effort. Remember, there are real estate agents that can help you make a better informed decision.