Sun, 8 November 2009
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Belgium offers cheap housing for the savvy expat, but prices are still rising after five years of solid growth. Here's our guide to the Belgian market.Belgium is a paradise for a house hunter compared with most other European countries — if you’re looking for a property with a character, you couldn’t do better than here.
Brussels alone boasts more than 3,000 listed art nouveau houses. But even newly built and more conventional properties are available.
Still, the Belgian market can have its pitfalls, so keep your eyes open!
European trends
Real estate agency ERA says house prices rose 11 percent in Belgium in 2004, coming off an 8 percent rise in 2003. It says prices rose a further 6 percent in the first half of 2005.
Belgium was thus grouped with several other countries showing price rises of more than 10 percent in 2004, such as Britain, Spain, Finland, Luxembourg, France and Sweden.
In Austria, Ireland and the Netherlands, prices rose on average 5 to 10 percent. House prices in several countries, such as Portugal, remained stable, while prices fell in Germany.
And while price rises in Belgium started to slow in 2005, ERA denies speculation the market is about to collapse.
Stabilising price rises
A real estate agent with Immobilière Le Col-Vert in Brussels, Laurent Kleykens, also predicts that prices will continue to rise in the coming period.
"The prices of Belgian houses have been rising during the past five years and the interest rates have been very low for the past two years," he says.
Hi Guys, If anyone looking for affordable homes, Apartment or houses in Belgium, Brussels, Ghent, Antwerp and other major Belgian cities for Sale or rental then you should go to www.immovast.com. Immovast.com has become one of the most important Real Estate Portals in Belgium. With over 50000 properties Immovast.com has positioned itself to be an important player on the Belgian Online Real Estate Market.
This handy guide from Expertise in Labour Mobility includes how to write a CV, application procedure, interview dos and don'ts, Belgian management culture.
Belgium’s first alternative directory assistance services - available through the shortcode 14-14 - can now be accessed on the internet.
Moving to Belgium presents a host of challenges to expats, not least of all finding the right home.
The psychological effects of global mobility can be physically painful.
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