Global guidebook takes Lebanese real estate down a peg in terms of cost

The Global Property Guide's annual report on real estate investment trends around the world indicated that Lebanon ranked in 60th place globally, up from 62nd place in 2007, and 4th among 10 markets in the Middle East & North Africa in terms of "roundtrip transaction costs" (RTCs) which reflects all costs of buying and reselling a residential property, expressed as a percentage of the property value...

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