Real estate sales to foreigners has risen. Nine percent growth in sales in the past three years

Foreigners are buying more real estate locally. The Real Estate Registry at the Ministry of Finance has recorded a growth in the sale of land plots and apartments to foreigners, across almost all regions, in the past three years.

"Foreign ownership has not lost stamina and has remained almost stable since 2010," according to Georges Maarawi, Director General of the Real Estate Registry. "This is good news," he said.

Foreign ownership of property increased nine percent to almost 40 ...

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