Real estate investment in Belgium

Selling real estate to foreigners in Belgium is not limited: you can buy and sell housing and commercial real estate or rent it out.

Statistics confirm the liquidity of investments: residential real estate prices grow by an average of 1,1% every quarter. Five years ago, an apartment of 100 m² cost an average of €247,000, and today it is sold for €305,000.

€3,047

Average price per 1 m²

1,1%

Average price growth per quarter

14—22%

Associated costs, of the property value

How the residential property price index is growing in Belgium

blok

Cost of a 3-bedroom apartment in Belgium

€1 million

Penthouse in the centre of Brussels

€500,000

Apartment in Brussels

€300,000

Apartment in Bruges

Belgium residence permit or citizenship by real estate investment

Obtaining a Belgium residence permit or citizenship is not connected with purchasing real estate or investing in the country’s economy.

Discover real estate market trends in 41 European countries

Practical Guide

Discover real estate market trends in 41 European countries

Taxes and associated costs

40+ guides on European countries

Learn the prices for purchasing and renting a property in each country, the market dynamics and taxes on buying and selling real estate.

A guide about investing in real estate was prepared by our expert

Frequently asked questions

  • Can foreigners buy property in Belgium?

    Yes. The sale of real estate to foreigners in Belgium is not limited: you can buy, rent out, and sell residential and commercial real estate.

  • How much do houses cost in Belgium?

    Property prices in Belgium depend on the location. The average cost of 1 m² of housing is €3,047.

  • How much is the property purchase tax in Belgium?

    If you purchase a new property, the VAT is 21%. For secondary property, there is a 10—12,5% transfer tax.

  • Is Belgium good for real estate?

    Yes. Properties in Belgium are liquid assets: residential property increases in price by an average of 1,1% every quarter.

    Owning or renting real estate in the country is also one of the requirements for obtaining a residence permit in Belgium for financially independent persons. After 5 years of permanent residence in the country, a foreigner can apply for Belgian citizenship.