The Rise of Sustainable Homes: Investing in Eco-Friendly Real Estate

Oct 10, 2023

The Rise of Sustainable Homes: Investing in Eco-Friendly Real Estate

Embracing a more green Lebanon has been on the rise for the past decade. In fact, Lebanon was behind on this movement whilst neighboring countries strived to implement environmentally friendly technologies nationwide; Lebanese real-estaters often sought out luxury over sustainability. However, as more awareness was raised about the benefits of sustainable living, eco-friendly properties have been a growing trend in real estate for several years now. Let's explore the appeal behind this revolutionary step.

Understanding the positive impact of an eco-friendly house requires an understanding of its actual meaning and what it embodies within its execution. An eco-friendly house is basically a house which respects the environment, is made from non-toxic materials, and is energy-efficient both in its construction and use. It can also imply due to new technologies and construction methods that it is constantly evolving.

The house is designed from A to Z to be harmonious with its natural surroundings and constructed with recyclable and non-pollutant materials, as well as equipped with appliances meant to reduce energy consumption. Eco-friendly properties use renewable energy sources like solar panels or wind turbines and are built with sustainable materials like bamboo or recycled steel. Some may have features like rainwater harvesting systems or green roofs to help reduce their environmental impact.

Sustainable houses come in different types such as bioclimatic, passive, wooden, eco-friendly cement, brick, tiny houses, etc. Digging a little deeper into the features of these homes demonstrates how their green characteristics result in long-term benefits and value.

Bioclimatic houses use natural resources from their environment and little energy and that is essentially due to their geographical position; the house is located in a manner where the sun warms it, with southern-facing windows, and where heavy tree cover provides shade to certain rooms. Passive houses, as their name would indicate, have a very low-energy consumption. They distinctively produce nearly all their heating needs through the sun’s energy. And so their appliances must be very well insulated and over half of their windows should be facing south.

Wood is the most used material when building these types of homes. It is natural, renewable and serves as a very good insulator. It could also be replaced with other materials such as eco-friendly cement; brick or compacted blocks of earth. These materials, in their raw state, respect the concept of "sustainable architecture" and therefore minimize, from the construction phase up until their final lifespan of recycling, the environmental impact of the eco-friendly house on the planet. Tiny houses are small wooden houses built on a trailer with important financial advantages of affordable construction costs and an overall pleasant lifestyle.

Reducing energy consumption and costs, improving indoor air quality, and reducing carbon emissions have been established as the pillars of green architecture. These benefits can also increase property value and appeal to environmentally conscious buyers. Now, let's tackle the concept of "sustainable architecture".

The main two goals of eco-friendly houses are to minimize any negative or damaging environmental impact of both construction and use. Therefore, the appliances used in an eco-friendly house should be environmentally friendly and reduce energy consumption. With that, sustainable technology such as geothermal energy and solar energy is preferred. This allows major savings on the electricity bill. At the core of it all, a mechanism of functionality meets design is optimized for the greater purpose.

The versatility of alternative eco-friendly solutions is another significant component to shed light on. And it doesn't have to lack the "luxurious" aspect as you can still style your home internally and externally to your fashion-liking. Good taste doesn't have to be toxic.

From enhancing the exterior design to thermal insulation, ventilation, energy production and efficiency, green architecture offers a sustainable low-tech way of living. If in the winter the sun heats the house, in the summer you can cool the house by avoiding direct exposure to sunlight; here's an excuse for planting more trees in front of your window. As well as installing a hedge to provide shade and choosing wood instead of cement for the terrace floor, as it stores less heat in the summer.

Insulation is essential to avoid losing energy and reduce consumption. It allows heat to be better stored whilst improving the comfort for the residents. The roof is the most important part which needs to be insulated as this is where most heat escapes. Insulating walls, under floors and windows also helps limit heat loss. The flow and renewal of air is important both for health and to avoid humidity and dampness in the home.

Install solar panels on the house's roof to produce self-supply electricity. You can save energy by consuming smart; for instance, you can install low consumption light bulbs, such as LED, purchase appliances with A+ energy ratings as a minimum, install devices such as low-consumption shower heads, toilets with two usage options or a rainwater collection system to control water use and install a highly energy-efficient water boiler.

And that was your 101 on the features and benefits of eco-friendly houses; it is no wonder that this phenomenon is leaving a big imprint in the world of real-estate in Lebanon as we witness the widespread shift into green, sustainable and naturally-smart architecture.

Christmas Decorations in different Lebanese districts

Christmas Decorations in different Lebanese districts As Christmas approaches, Lebanon undergoes a magical transformation. From the bustling streets of Beirut to the charming old city of Byblos, from the festive city of Jounieh to the beautiful old souk of Batroun, and from the snow-capped mountains of the north to the fertile valleys of the Bekaa, the country is adorned with festive decorations, spreading joy and cheer. Beirut, the capital of Lebanon, is particularly stunning during Christmas. The streets are lined with twinkling lights, and the Christmas trees are simply breathtaking. Malls and shopping centers compete to outdo each other with their elaborate decorations, creating a festive atmosphere that is sure to put you in the holiday spirit. Houses in Beirut are also beautifully decorated, with many families putting up Christmas trees, lights, and other decorations inside and outside their homes. credits: @flyoverlebanon Byblos, a city steeped in ancient history and charm, transforms into a winter wonderland during Christmas hosting a distinguished tree. The old city, with its admirable streets and historical landmarks, is adorned with twinkling lights, festive garlands, and colorful ornaments as locals and visitors alike stroll through the narrow alleys, admiring the elaborate decorations and soaking in the enchanting atmosphere. Jounieh, a vibrant coastal city just north of Beirut, also embraces the Christmas spirit with great enthusiasm. Families take pride in decorating their homes and businesses with Christmas lights and trees. The city's main square becomes a focal point for Christmas celebrations, hosting a large Christmas tree, live music performances, and a bustling Christmas market. Further up the coast, Batroun also joins in the Christmas festivities. The souk, with its arched walkways and traditional architecture, is transformed into a magical realm of lights, ornaments, and festive cheer. Local artisans display their handmade crafts and delicacies, while the air fills with the sounds of traditional Lebanese Christmas carols. The Christmas spirit in these coastal cities is bringing joy and warmth to the hearts of all who visit. The blend of traditional Lebanese customs and modern festive decorations creates a unique and unforgettable Christmas experience. In the mountain villages of Lebanon, the Christmas spirit is also alive and well. Villages like Broummana, Zaarour, Farayya, and Annaya offer stunning views of the snow-capped mountains, as well as cozy chalets where you can relax and enjoy the beauty of the winter landscape. The villages are decorated with Christmas lights, creating a magical atmosphere that is sure to enchant visitors of all ages. In Bekaa Valley, Zahle stands out for its distinctive Christmas adornments. Residents put great effort into embellishing their houses and establishments during the holiday season. Vibrant light arrangements adorn the entire city, fostering a wonderfully festive ambiance. Families and friends gather to sing, exchange gifts, and enjoy each other's company. The streets are filled with music and laughter, and the air is filled with the scent of Christmas trees and delicious food. Lebanon is a truly special place to celebrate Christmas. The beautiful decorations, the festive atmosphere, and the warm hospitality of the Lebanese people make it a truly magical experience. The country is truly transformed during this special time of year. The Christmas season in Lebanon is also a time for reflection and giving back to the community. Many churches and organizations hold charity events to help those in need. People also donate food, clothing, and toys to those less fortunate. The Christmas spirit is alive and well in Lebanon, and it is a time for people to come together and celebrate the joy of the season.

Short-Term vs Long-Term Vacation Rental: Which is Better to Choose in Beirut in 2024

Short-Term vs Long-Term Vacation Rental: Which is Better to Choose in Beirut in 2024 The debate between short-term and long-term vacation rentals is a hot topic among property owners in Beirut. While short-term rentals were once limited to hotels, platforms like Airbnb have expanded the market, allowing property owners to rent out their spaces for shorter periods. But what exactly are the differences between these two options, and which is more convenient for property owners in Beirut? Short-Term Vacation Rentals in Beirut Short-term rentals typically last for a few days or weeks, although they can be as short as a single night. These rentals can be arranged directly with the property owner or through online platforms. However, short-term rentals have raised concerns in Beirut, particularly in areas with high levels of tourism. One of the main issues with short-term rentals in Beirut is that they can lead to a decrease in available long-term rental housing. Property owners may find it more profitable to rent their properties to tourists on a short-term basis, which can drive up rental prices and limit housing options for locals. Additionally, short-term rentals can sometimes cause disruptions in residential neighborhoods, as tourists may behave differently than long-term residents, leading to noise and increased traffic. Short-term rentals can also pose challenges for the local hotel industry in Beirut, as they often offer lower prices and more flexible accommodation options. This can result in unfair competition and job losses in the hospitality sector. Moreover, regulating short-term rentals can be difficult for the city, leading to issues with safety regulations, zoning restrictions, and taxes. This lack of regulation can create a lack of accountability and potential safety risks for guests. To address these issues, the city of Beirut has implemented regulations to level the playing field between short-term rentals and hotels. These regulations may include requiring permits, designating specific areas for short-term rentals, imposing local taxes, collaborating with rental platforms, and enforcing penalties for violations. The goal is to balance the benefits of tourism with the availability and affordability of long-term housing for residents. Long-Term Vacation Rentals in Beirut Long-term rentals typically last for six months or more, with some agreements extending to one year or multiple years. These rentals are usually arranged directly between the tenant and the landlord, and they offer stability and consistency for both parties. Long-term rentals can include residential properties, commercial spaces, vehicles, and equipment. One advantage of long-term rentals in Beirut is the stability they provide. Landlords can carefully select tenants and expect consistent rental income. Managing long-term rentals is also simpler, as landlords only need to handle rent payments and basic upkeep. Additionally, long-term rentals offer the opportunity to benefit from local pricing changes, and landlords have fewer legal responsibilities compared to short-term rentals. However, long-term rentals in Beirut do have their disadvantages. Landlords may face challenges if a tenant becomes problematic or if they need to evict them. Long-term rentals also generate lower rental income compared to short-term rentals. Additionally, landlords have a greater responsibility to provide a suitable living environment for long-term tenants. Which is Better to Choose in Beirut in 2024? When deciding between short-term and long-term vacation rentals in Beirut in 2024, property owners should consider their location, property quality, pricing strategy, and management capabilities. Short-term rentals offer a wide selection of properties, free listings, flexibility in pricing, and potential for high income. However, they require more administrative and maintenance costs. Long-term rentals provide stability, simplicity in management, and the opportunity for long-term relationships with tenants. However, they have lower rental income and fewer opportunities for pricing adjustments. Ultimately, the choice between short-term and long-term vacation rentals in Beirut depends on individual circumstances and goals. Property owners should carefully evaluate their options and consider seeking professional advice to make an informed decision.

What is house hacking? Can it be done in Lebanon?

What is house hacking? Can it be done in Lebanon? That's just right! For those wishing to use real estate as a means of generating passive income or as a means of offsetting living expenditures, house hacking can be an excellent tactic. It's a resourceful technique to maximize your available space and lower your housing expenditures. In addition, it may provide a number of noteworthy financial advantages, including the chance to get firsthand knowledge of real estate investment and equity development. It has grown in popularity, particularly with younger people who want to get into the real estate industry. Utilizing your living space to create cash is the fundamental concept of "house hacking," which aims to balance or even pay your housing expenditures. Below is a summary of the main ideas and advantages: Revenue Generation: You may generate a stream of rental revenue by renting out a section of your property, such as a separate apartment in a multifamily building, a spare room, or a basement. Expense Reduction: Your mortgage payment, insurance, and maintenance costs can all be partially or fully covered by the rental income you get. Equity Building: You are increasing the equity in your home while you pay your mortgage. Because your tenants help pay down the mortgage, house hacking speeds up this process. Decreased Financial Stress: You can feel less financially strained if your rental revenue partially covers your home expenses. This can free up money for savings, other investments, or living expenditures. Exposure to Real Estate Investing: House hacking offers a chance to dabble in real estate investing without making the entire commitment of buying a stand-alone investment property. You may gain firsthand knowledge about tenant relations, property management, and other real estate-related topics. Flexibility: When it comes to living arrangements, house hacking may be flexible. For instance, in a multifamily property, you may decide to reside in one apartment and rent out the others. You can modify your living arrangement if your circumstances change. All things considered, home hacking is an innovative and calculated approach to housing that may provide substantial financial rewards, especially for those looking to maximize their living expenditures or who are interested in real estate investing. You may both benefit from your property and live in a win-win situation. Here are some actual instances of home hacking situations: Letting Go of an Extra Bedroom: Suppose you are the owner of a single-family house with a spare bedroom. You might lease the space to a renter, either through sites or on a long-term basis. One way to partially pay for your mortgage, electricity, and other housing bills is by renting out the spare bedroom. Acquiring a Duplex and Relocating to a Single Unit: You purchase a duplex, which is a building made up of two independent flats. You make the decision to rent out one apartment and live in the other. Your mortgage payments are offset by the rental revenue from the second apartment, which lowers your overall housing expenditures. Being an on-site landlord also has its advantages, which may make property management easier. House Hacking with a Fourplex or Triplex: This is a bigger multifamily property version of the duplex situation. You rent out the other units while residing in one. You have many renters that contribute to your mortgage payment and property expenditures, and the rental revenue from the other apartments pays for a large percentage of your living expenses. Making a Basement or Garage Into a Rental Apartment: You may make a basement or garage into a separate rental apartment if you have any un-utilized space on your home. By doing this, you may increase your property's potential revenue without making major changes to your living area. Using a Vacation Rental to House Hack: If you own a home in a popular tourist area, you may house hack by leasing it to visitors while you're not using it. During the busiest travel seasons, this might bring in a sizable rental revenue, which can help defray some of your personal travel expenditures. These examples show how several types of home hacking exist based on the kind of property you own and the kind of investment you're willing to make. The secret is to find opportunities—whether they come from smart real estate acquisitions or existing properties—that let you satisfy your home demands and earn rental revenue simultaneously.