Broumana attracts home seekers looking for a mountainous area close to Beirut. Known for its nature, climate, and location, it remains one of the prominent areas in Mount Lebanon. This demand is reflected in its real estate market, which offers a wide range of apartments with varying sizes and prices.
It's challenging to pinpoint a uniform price for apartments in Broumana, as values vary significantly due to factors such as location within the town, size, floor, view, building condition, parking availability, gardens, terraces, and finishing or furnishing levels.
What Will Be the Apartment Prices in Broumana in 2026?
Mid-range Apartments
Current listings show apartments in Broumana starting at around $170,000. An example is a 120 square meter apartment offered at this price, while larger units range from approximately $199,000 to $300,000.
Based on current listings, a budget between $200,000 and $300,000 can be suitable for a medium-sized or relatively large apartment, with specifications varying greatly between properties.
Luxury Apartments
Prices noticeably rise for spacious, new, or fully furnished apartments with stunning views.
Current listings show prices between $340,000 and $500,000 for apartments exceeding 200 square meters in some cases, while larger, more luxurious units can reach $700,000 or more.
Additionally, there are very luxurious properties exceeding one million dollars, such as a 480 square meter apartment priced at $1.2 million.
Large Apartments
There are also larger space options available, such as 220 square meter apartments at around $280,000 and 230 square meter units priced at up to $340,000, subject to location and specifications.
Luxury and Furnished Apartments
Prices can reach $425,000 for spacious furnished apartments, while very large units can exceed $500,000.
What Is the Average Price Per Square Meter in Broumana?
Approximate Estimate from Current Prices
There isn't an official fixed price per square meter in Broumana. Advertised prices don't necessarily indicate final sale prices.
By comparing current ads, there's a significant price variance per square meter. For example, a 160 square meter apartment priced at $225,000 amounts to about $1,406 per square meter, while a 170 square meter apartment priced at $280,000 equals about $1,647 per square meter.
Conversely, some luxury units can be far above this due to location, amenities, views, and furnishings, so a single average price for a square meter in Broumana is not advisable.
What Factors Determine Apartment Prices in Broumana?
Apartment Location
Prices vary based on the property's location in Broumana, proximity to essential areas, services, and major roads.
View
Apartments with open views of the mountains, sea, or surrounding areas generally have higher appeal, reflected in their price.
Apartment Size
Generally, larger space equates to a higher total price, but the price per square meter doesn't necessarily increase proportionally.
Building Age
Units in newer buildings may have higher prices, especially if they feature modern finishes and additional services.
Furnishing and Equipment
The value of an apartment can increase if fully furnished or equipped with modern kitchens, heating systems, cooling, and additional services.
Presence of Terrace or Garden
External spaces can increase property value, especially in mountainous areas where buyers seek views and open spaces.
See Also:
Best Hotels in Broumana
Best Mountain View Restaurants in Broumana
Best Residential Areas in Broumana