Blast-Radius Rebuild — Restored Mar Mikhael Two-Bed

This Mar Mikhael listing is the cleaner version of the Beirut thesis: 114 m², restored, income-capable, and still trading below the neighborhood's pre-2020 pricing after the port explosion ripped through blocks barely over a kilometer away. The discount is milder at roughly 17%, but the hook is resilience rather than distress alone: you are buying into a neighborhood that absorbed catastrophic damage, rebuilt, and still has visible repricing versus its 2019 peak.