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large property for sale

District
Baabda
City
Bseba
Usage
Land
Area in sqm
4550

Description

For Sale... Large property once the site of an embassy... This vast property is minutes away from the old Sidon highway, just a few minutes south east of Beirut, minutes from the Lebanese University Hadath campus, on a flat top of a hill overlooking Beirut and its airport, the shores of the blue Med, minutes south of Baabda and the presidential palace, just above kafarchima, bordering Bsaba and off its main road. It is ideal for a residential development project and is made up of 4 separate lots measuring a total of 4550 M2. Also if all four lots are turned into one single lot, a building developer can increase the size of construction by 20% plus, meaning that five buildings, four floors each can be erected instead of four if the four lots are combined into one… It includes a spacious villa with four floors measuring 800 M2 which once was the seat of the Russian Orthodox Church in the Middle East and could be restored with more living space added to it or can be turned into a foyer for university students, a medical or educational facility, etc… No extra cost for the structure as it needs renovation… It has an unobstructed 360 degree view of Beirut, the sea, the airport and surrounding mountains and is completely walled and gated in secluded and private surroundings. 03/746595

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