Can anyone take profits from renting commercial real estate in Beirut? What is peculiar about this location? The capital and the largest city, as well as a chief port of Lebanon - Beirut, occupies a beautiful location on the coast of the Mediterranean Sea, as the foot of the Lebanon Mountains. It has been inhabited for over 5000 years already, which means that Beirut is one of the world's oldest cities. Numerous wars around the sectarian and ideological passions, together with terrorist attacks, and other unpleasant events, did impact the life of the city and left their traces in history. Yet, they say that the city has managed to retain its liberal way of life, albeit of the circumstances mentioned above. Nowadays, the city is Lebanon's seat of government and plays a central role in the Lebanese economy. The commercial real estate market in Beirut hosts many banks and corporations. Actually, the location was ranked as a Beta Global City, taking into consideration a variety of spheres developed there. Advertising, banking, law, accountancy are some of the top fields that fuel the growth of the local economy. Lots of factors contributed to making the city the centre of Arab wealth - the sea and airports, stable gold-backed currency, banking secrecy law, high levels of interest in this location, etc. The investments in the commercial property market in Beirut have long been considered as some of the most favourable ones.
