Syria Real Estate Market Overview - July 24, 2026

In the first half of 2026, Syria welcomed 3.52 million visitors, a 111% increase compared to the same period last year. Foreign visits surged by 448%, reflecting renewed confidence in the country and investment opportunities in the hospitality sector. In Damascus, property prices in upscale neighborhoods like Malki, Abu Rummaneh, and Mezzeh have surpassed $2,000 per square meter, with a 15-25% increase from their 2024 lows. This rise is driven by reconstruction expectations and higher building material costs. Despite these price increases, the number of real estate transactions remains limited, as buyers prefer to verify the legal documents of properties before purchase. Properties with clean titles command higher prices, while those with legal issues are sold at greater discounts. For investors, Damascus stands out as a primary hub for real estate investment, especially in upscale areas experiencing growing demand from Arab and foreign expatriates. Property prices in these regions range from $1,900 to $4,500 per square meter, reflecting the attractiveness of the Syrian real estate market. Regarding real estate financing, there is no specific information available about interest rates or mortgage terms at this time. Interested parties are advised to contact local banks for the latest details. Overall, the Syrian real estate market shows signs of recovery, driven by increased demand from foreign visitors and expatriates, with ongoing challenges related to legal documentation and construction costs.