Let us simplify the current Lebanese Real Estate Market Prices for you.

In the current market you are exposed to three prices while shopping for something to invest in and we would like to make sure you understand what you are seeing.  

The Original Price

The Original Price is the value of the property before the dollar issue occured in Lebanon. So if your apartment was worth $1M USD, it would sell for that much. 

You are now exposed to two new prices.

The Banker Check Price

This is the Original Price + a percentage added on to the price to help minimize the sellers loss. They can then use the check in the bank to close previous debt or buy something else by bankers check. This is currently  money transferred from account to account in Lebanon since USD is no longer permitted to be withdrawn from the bank.

Cash Price (Fresh Dollars)

The Original Price - a percentage the seller discounts in order to receive either a bank transfer abroad or an actual bag full of USD cash.  

BankCash Price

This refers to the Banker Check Price + a percentage in cash. The Banker Check comes with the markup and the percentage is usually asked for in USD but can sometimes be found in LBP.

When it comes to banker checks, the added percentage for a seller that really wants to sell, can range from 5% to 20