Montreal in Canada is one of the most diverse cities on the planet. It has a pre dominantly French speaking population outside France and the city is economically, financially and culturally very sound. It is a major transport and cargo hub as it has an international port. Even in terms of real estate the city is doing well than its Canadian counterparts. In 2000, the vacancy rate was just 0.7% as compared to other cities such as 0.9% in Toronto and 0.7% in Ottawa.

The average monthly rent for a two bedroom apartment was $500 as compared to $850 in Vancouver and $910 in Toronto. Further analysis show that one in ten residents has to spend more than 80% of their income for housing costs. Over the last few years, the entry of expats and other immigrants has led to the increase in multi family housing.

From the year 2001 there has been a rise in the single detached houses to 4 % and for the urban multiple homes the jump was 39.4%. This was because of the immigration of more than 10,000 new households which get introduced in the market each year. Since the visitors do not have enough finances to own their own house in Montreal on their arrival, they settle for rented houses. Many of these people will start living with people who share their culture so that they can mingle more freely with each other.

There has been a sudden increase in the construction of new single and multi family properties and this is because of the low costs of labor and the inventory market. There has been a construction boom. The Canada Mortgage and Housing Corporation claims that the market will not get hotter but it will continue to thrive despite the market crash in the US real estate agency.

Here is a video from O’Neill Real estate explaining why a US Style crash won’t happen in Canada :

[sidebar item1="wiki|Beirut"]Beirut[/sidebar] was once known as the culture capital of the Middle East. Today it also known as the financial capital as it ha created thousands of jobs in several sectors. The city has witnessed an increased investment of foreign professionals in its construction and other types of projects. The city is now offering great[sidebar item1="dict|prospects"]prospects[/sidebar] for local and foreign investors.

Beirut has benefited significantly from the investment from abroad and the city is experiencing a major face lift. The construction boom is taking place at a fast pace and the city is said to return to its former glory. The property boom has been fuelled by investments from abroad and these people have seen great potential in the region.
Many of the developers are today heading Beirut’s way. For example, the real estate giant, Damac Properties has invested $150 million in a 27 storey luxury tower called La Residence. Likewise the other developers have seen excellent potential in the region.

The tourism sector is witnessing a great boom. The Lebanese travel industry is growing at a rapid pace and the experts suggest that the industry will contribute 5.5 billion to the national exchequer in 2016. The facilities for citizens are quite impressive. The city has become relatively safer and the education system is excellent. There are many educational institutions and universities in Beirut providing education in different fields.

The entertainment options in Beirut are many. There are bars and night clubs where you can dance till the wee hours of the morning. There are swanky restaurants serving delicious Lebanese and international cuisines. Even the stock exchange is playing an important role in Beirut investment.
Hence the foreign investors know that their investment is in safe hands and it has the potential to bring in excellent profits.