Prices for apartments and houses in Belgium.

Prices for apartments and houses in Belgium.

Prices for apartments and houses in Belgium.
We continue the series of review articles on real estate prices in European countries. It is unlikely that anyone will argue that the level of prices for housing, houses and apartments is an equally important factor in choosing a country for immigration, as is the procedure for obtaining residence permits in it.
After all, saving a couple of tens of thousands of euros (and this is real!), You can already buy not only housing, but, for example, a ready business, which greatly facilitates the move.
Available square meters.
The first thing that draws attention to itself is the relatively low level of prices with a sufficiently high quality of housing even in the capital of Belgium.
In principle, the country in this respect is comparable, for example, with the Czech Republic (see How much is an apartment in the Czech Republic), that is, the square meters here are much lower than in neighboring Western European countries, such as Germany (real estate market survey).
The average price for 1 square meter here is about 500 – 1200 euros. Compare with Germany, where the cost of 1 square. meter of the order of 1500 – 2000 euros.
That is, already for 20 000 euros you can buy quite decent housing. For 100 thousand you can buy a very good apartment by Russian standards, especially if it is not located in Brussels or Antwerp (the largest cities).
In the countryside you can buy a good house at a cost of 40 – 60 thousand euros. With commercial objects, the situation is much the same. Of course, in the very center of the capital, the bar is rising, but in general prices are quite divine (especially after Moscow).
The reason is cheap.
The explanation of such a “paradise” should be sought in the tax system of Belgium (in many other developed countries, buying a home means reducing the personal income tax, which spurs demand, but there is none).
It is also interesting that according to the legislation of Belgium, the living space is considered your property, even if you just took it on credit – this leaves opportunities for active earnings on the resale of houses and apartments, with virtually no starting capital. A similar situation, for example, with real estate in Cyprus.
However, this review would be incomplete if one important circumstance is not mentioned:
You know about this situation in the market not only you and me. Know and hundreds and thousands of investors, eager to increase their capital. And Belgium is the place: while prices are small, but they are almost certainly going to grow: and simply because Europe is a single economic space where such significant differences can hardly exist for long, and because the demand is constantly growing.
Therefore, if you are thinking about foreign real estate, it can very well be that Belgium is currently one of the best options.


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