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You are here: Home Housing Renting Housing in Belgium: Know the basics
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01/02/2012Housing in Belgium: Know the basics

Housing in Belgium: Know the basics Here is an introduction on what to expect when moving to Belgium and deciding what to do with renting a home in Brussels, buying a home in Ghent, and everything in between.

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Most expats will rent a home when they first arrive in Belgium.  Perhaps they're on a short contract, need accommodation immediately, or simply don't want to commit to anything more long-term before settling down.

Rent or Buy

It is obviously quicker to find somewhere to rent than to go through the formalities of a purchase. Renting is more flexible and gives you time to settle into your new life.  If you don't like the property or the area, you have the option of looking elsewhere.  Unless you're lucky, finding a suitable home to buy can take years.

Be aware if you rent that early termination of a short-term contract incurs a penalty. A standard nine-year contract is actually more flexible.  The Belgian system can be rigged in favour of the landlord if you don't watch out. And it can be irritating to throw away money each month when it could be going toward a mortgage as a future investment. The difference between rent and mortgage costs is not so great in Belgium.
 
However, up-front payments on property or land purchase are high. There is a purchase tax on homes (typically 12.5 percent) as well as legal and mortgage fees of around 4.5 percent.  So if you're only staying for the short-term or are uncertain about the future of your job, renting is the best idea.

Property prices, stable for years, have been rising steadily; despite the downturn in the economy, prices rose again in 2010. But compared to Amsterdam, London and Paris, properties in Brussels and Antwerp still look cheap and you tend to get a lot more for your money.  The conclusion? If Belgium will be your home for a while, take the plunge and buy.

How to find a home

Apartments are normally rented unfurnished, sometimes without essentials like fridges and cookers. Furnished flats are available but are either expensive and targeted at upmarket short-stay tenants or shabby and downmarket. Regardless of your needs, there are several ways to find somewhere to live.

Once you see an area you like, take time to walk the streets armed with a notepad and mobile phone. Many properties display a standard orange poster reading 'A Louer/Te Huur' (For Rent) or 'À Vendre/Te Koop' (For Sale). Estate agents also put up signs.

Also be sure to look at the free weekly paper 'Vlan' (www.vlan.be). The website www.immoweb.be is also excellent, is in English, and allows you to search all of Belgium for a place to rent or buy. Also see Expatica's property pages on expatica.com.

Some of the best properties never get advertised. If a particular area appeals to you, ask colleagues and even local shop owners if they know of anything.

Belgium has a large choice of estate agents. But you'll have to do much of the footwork yourself, particularly if buying. After an initial flurry of activity, you may soon drop off their radar.  Rental agencies are happy to drive you around town to visit various properties. Agents' fees are typically paid by the landlord or seller of the property.

There are pitfalls in setting up home, of course, so check our special features before you rent or buy.

For more information on housing services, visit our Ask The Expert section on expatica.com.


1 reaction to this article

bubbah posted: 2012-02-07 01:26:01

The "off the radar" comment is certainly true. We found our home by the newspapers, the free papers (like VLAN and others), and some word of mouth. We did ride around (mostly my wife and her sister) and call using cell phones on the spot. Finally, we found a wonderful home with everything we wanted.

Differences: Hidden defects are not protected as well and you sign a waiver at posession. There is no MLS (multiple listing service) like other countries (i.e. USA) so you do have a lot of work to do by yourself. Realtors are there but don't seem "driven" and often are not very well informed. The end justifies the means; we sought avidly and succeeded finally negotiating the price down an astonishingly large amount over lunch with the owner and nobody else and made the deal with a glass of wine and a handshake. There are built in delays in purchases (does that surprise you?), but we had our finances in order in advance and were able to complete the purchase in ten days (yes!!) with a very good "notaire" who was extremely cooperative. All-in-all it was somewhat stressful, but ultimately worthwhile to the max !!

1 reaction to this article

bubbah posted: 2012-02-07 01:26:01

The "off the radar" comment is certainly true. We found our home by the newspapers, the free papers (like VLAN and others), and some word of mouth. We did ride around (mostly my wife and her sister) and call using cell phones on the spot. Finally, we found a wonderful home with everything we wanted.

Differences: Hidden defects are not protected as well and you sign a waiver at posession. There is no MLS (multiple listing service) like other countries (i.e. USA) so you do have a lot of work to do by yourself. Realtors are there but don't seem "driven" and often are not very well informed. The end justifies the means; we sought avidly and succeeded finally negotiating the price down an astonishingly large amount over lunch with the owner and nobody else and made the deal with a glass of wine and a handshake. There are built in delays in purchases (does that surprise you?), but we had our finances in order in advance and were able to complete the purchase in ten days (yes!!) with a very good "notaire" who was extremely cooperative. All-in-all it was somewhat stressful, but ultimately worthwhile to the max !!

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