Beirut, Lebanon

rich real estate beirute

Despite its violent history, Beirut stands out as being an ideal place for adventurous real estate investors, according to a new report from Savills World Research, Candy & Candy and Deutsche Asset & Wealth Management.

Yes, there has been some recent spillover from the ongoing Syrian conflict. But the Mediterranean coastal city is known for its culture and nightlife, which attracts a young population, said Yolande Barnes, director at Savills World Research. It's also known as a regional financial hub.

"Real estate in the city still looks very cheap by international standards," said Barnes.

Prices for two-bedroom apartments tend to range from $180,000 to $500,000, depending on the location.

June 06 2014 07:13 AM ET
Source: Candy GPS Report from Savills World Research, Candy & Candy and Deutsche Asset & Wealth Management