News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
25
o
Bekaa
20
o
Keserwan
26
o
Metn
26
o
Mount Lebanon
21
o
North
28
o
South
22
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Al Ikhwa
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
25
o
Bekaa
20
o
Keserwan
26
o
Metn
26
o
Mount Lebanon
21
o
North
28
o
South
22
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Sports
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Revival of Housing Loans in Lebanon: Opportunities and Challenges
News Bulletin Reports
21-03-2024 | 12:55
High views
Share
Share
3
min
Revival of Housing Loans in Lebanon: Opportunities and Challenges
A report by Lea Fayad, English adaptation by Nadine Sassine
The housing loans are back through the Housing Bank.
Starting in June, you can fill out an online application on the bank's website, which has benefited from a $165 million loan from the Arab Fund for Economic and Social Development.
To apply for a housing loan, you need to meet several conditions:
- You must be Lebanese
- The area of the apartment you want to buy should not exceed 150 square meters
- You must not have previously benefited from a subsidized loan
- You must not own another house in Lebanon
- The family's total income should range between $1200 and $2000, meaning you are from the low to middle-income class
- The last condition is that you must pay at least 20% of the apartment's price.
The loan amount ranges between $40,000 and $50,000. It is repayable over 20 years with a 6% interest rate, resulting in monthly payments between $300 and $350.
But the question is: Are $40,000 or $50,000 sufficient for a loan? And how much are the prices of houses in the first place?
The average price of apartments has dropped by 40% compared to before the 2019 crisis (according to the Real Estate Developers Association).
In Beirut, the average price of a 100-square-meter apartment is $220,000. In slightly further areas like the southern and northern Metn coast, prices range from around $90,000 to $130,000. As we move further away from Beirut, we may find lower prices (according to the Real Estate Developers Association).
In addition to this project, the Housing Bank will offer loans for renovating or building houses if you own land.
In any case, this step constitutes support for a segment of citizens awaiting the recovery of the banking sector and the expansion of the segments benefiting from loans.
News Bulletin Reports
Houses
Loan
Housing
Next
Details emerge: Israel strikes building in Beirut's southern suburbs, marking second attack in days
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:14
Disarmament stalls: Palestinian arms deal in Beirut derailed by war, internal divisions
News Bulletin Reports
13:14
Disarmament stalls: Palestinian arms deal in Beirut derailed by war, internal divisions
0
News Bulletin Reports
13:07
Flights home bring relief, but many Lebanese remain stuck overseas
News Bulletin Reports
13:07
Flights home bring relief, but many Lebanese remain stuck overseas
0
News Bulletin Reports
12:59
Haifa reeling as Iranian strikes, cyberattacks overwhelm Israel's defenses
News Bulletin Reports
12:59
Haifa reeling as Iranian strikes, cyberattacks overwhelm Israel's defenses
0
News Bulletin Reports
2025-06-15
War goals extend beyond nukes? Israel outlines broader Iran strategy in potential weeks-long conflict
News Bulletin Reports
2025-06-15
War goals extend beyond nukes? Israel outlines broader Iran strategy in potential weeks-long conflict
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
0
News Bulletin Reports
2025-06-04
Price concerns and mixed reactions: Will Lebanon's fuel tax lead to a new wave of inflation?
News Bulletin Reports
2025-06-04
Price concerns and mixed reactions: Will Lebanon's fuel tax lead to a new wave of inflation?
0
News Bulletin Reports
2025-04-03
Lebanon hit with new US tariffs: Will it affect trade?
News Bulletin Reports
2025-04-03
Lebanon hit with new US tariffs: Will it affect trade?
0
Middle East News
2025-06-15
Israel 'got' Iran intelligence chief, Netanyahu tells Fox News
Middle East News
2025-06-15
Israel 'got' Iran intelligence chief, Netanyahu tells Fox News
Videos
d-none hideMe
0
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
0
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
0
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
0
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
0
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
0
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
0
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
0
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
0
Lebanon News
2025-04-08
Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust
Lebanon News
2025-04-08
Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
05:59
Cabinet signs off on Lebanon’s latest diplomatic appointments
Lebanon News
05:59
Cabinet signs off on Lebanon’s latest diplomatic appointments
2
Middle East News
11:21
Terrifying scene inside Iranian state TV during Israeli strike (Video)
Middle East News
11:21
Terrifying scene inside Iranian state TV during Israeli strike (Video)
3
Lebanon News
13:29
Lebanon, Iraq agree on direct flights to help stranded citizens return home
Lebanon News
13:29
Lebanon, Iraq agree on direct flights to help stranded citizens return home
4
Lebanon News
06:08
Israeli drone flies at low altitude over Beirut
Lebanon News
06:08
Israeli drone flies at low altitude over Beirut
5
Lebanon News
09:44
Lebanon’s cabinet approves major policy steps, stresses keeping country out of regional conflict
Lebanon News
09:44
Lebanon’s cabinet approves major policy steps, stresses keeping country out of regional conflict
6
Lebanon News
06:21
MEA announces additional flights to Istanbul, Cairo, and Milan
Lebanon News
06:21
MEA announces additional flights to Istanbul, Cairo, and Milan
7
News Bulletin Reports
13:14
Disarmament stalls: Palestinian arms deal in Beirut derailed by war, internal divisions
News Bulletin Reports
13:14
Disarmament stalls: Palestinian arms deal in Beirut derailed by war, internal divisions
8
World News
17:01
Trump administration draws line: no involvement in Iran-Israel war unless Americans attacked — Axios
World News
17:01
Trump administration draws line: no involvement in Iran-Israel war unless Americans attacked — Axios
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More