Each region and community has a separate parliament and executive administration. Although VAT is payable if the property is classed as new, the buyer does not have to pay registration tax; this is only applicable to properties older than two years. Gross rental yields on apartments in Brussels range from around 4. Housing Listings. The price of apartments and house in Belgium have been rising, according to the consultancy Stadim.
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In Belgium, we have a presence since and we currently have over 24 shops. We are in continuous expansion of our network in Flanders, Flemish-Brabant and Wallonia, offering the best service to our customers. Our offer is broad and high-end: rreal, buying or selling homes, villas, houses, condos, lofts or other properties to move in, rehabilitation or new construction. We invite you belgium real estate investment request more information about our successful franchise model and know the licenses available in Belgium! You can find out in detail here which data is stored and who can access investnent.
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Buying a property in Brussels
I forgot my password. No account yet? Sign up. If you do not receive an email within 15 minutes, please check your spam folder or contact us for help. Already have an account? I want to login. Lalaine C. Delmendo January 20, Gross rental yields in Brussels range have remained steady over the past year. Gross rental yields on apartments in Brussels range from around 4. Meanwhile, the difference between the yields on small properties, which tends to be higher, and those on larger properties, has shrunk.
The price of apartments and house in Belgium have been rising, according to the consultancy Stadim. So too have rents. All of the estatr and houses included in our survey are located in the prime areas of Brussels. Gilles, Uccle, Woluwe-St. Pierre, and Woluwe-St. The biggest reason that investors in Belgium will be discouraged is that round trip transaction costs are high for buyers of residential property. See our Belgium residential property transaction costs analysis and our Residential property transaction costs in Belgium compared to other countries.
As a result, the effective rental income tax is a bit lower than the headline rate, ranging from 9. Capital Gains: Capital gains tax of After a holding period of five years, no Capital Gains Tax is payable. Inheritance: Inheritance tax rates in Belgium are progressive and vary according to the degree of kinship, region where the inheritance is opened, and the share inherited by each of the heirs. Closing costs are high in Belgium, between Belgian law is pro-tenant.
Rents: Rents can be freely negotiated but belgium real estate investment increases above the inflation rate cannot resl written into the contract.
If there is a written contract, the rent will be automatically adapted once a year in accordance with the cost of living. The main options for the duration of a lease are: a contract of 9 years and, alternatively, a contract for less than three years. Thanks for signing up! To complete your registration, please click the verification link sent to: If you do not receive an email within 15 minutes, please check your spam folder or contact us for help.
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Send Instructions. Belgium Home Europe Belgium Overview. Property in Belgium More BE. Rental Yields Yields in Brussels moderate Gross rental yields in Brussels range have remained steady over the past year. Buying Guide Total transaction costs are high in Belgium Closing costs are high in Belgium, between Landlord and Tenant Tenant protection laws are well-established in Belgium Belgian law is pro-tenant.
The economy grew by a meagre 0. The economy is projected to expand by 1. From tothe country enjoyed healthy economic growth of about 2. But since the crisis, growth has been weak. GDP growth was 0. Inflation was around 2. The deficit is expected to rise further to 1. The public debt is expected to fall further to Get GPG fortnightly newsletters delivered to nelgium inbox A quick summary of global real estate trends.
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Inflation was around 2. Quarter-on-quarter, the index increased 2. In the third quarter ofprices in the Brussels-Capital region rose by 3. Last update on November 15, Sign Up. You can expect that your comment will be published within 24 hours. Inthe economy was estimated to have grown by about 1.
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