Apartment for sale in Old Airport

Description

Cedar Keys Estates presents a 265 square metre apartment on Tariq Al Matar, the main airport road out of Beirut.

The reception runs as a connected set of salons opening onto the dining room. There are three bedrooms including one master, four bathrooms, and a separate maid's room with its own bathroom, together with one parking space.

The apartment holds both a water well and the government supply — two sources rather than one, which is what decides how an apartment lives through a dry summer.

At $310,000 for 265 square metres, this is close to $1,170 per square metre, which is well under what comparable reception space costs inside Beirut proper. The airport road is a corridor rather than a destination, and that is the point: the airport, the southern suburbs and the centre of Beirut are each a short drive, and the apartment buys scale that the same money does not buy in Ras Beirut or Achrafieh. Four bathrooms and a separate maid's room with its own bathroom put this in family territory rather than couple territory.

Buyer profile: large families wanting room to spread out, buyers who travel often enough for airport access to matter, and value buyers measuring cost per square metre.

Asking price $310,000, plus 2.5% commission. Ref 1198.

Cedar Keys Estates — Member of REAL, the Real Estate Syndicate of Lebanon.
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