{"id":3796,"date":"2021-12-09T09:00:14","date_gmt":"2021-12-09T08:00:14","guid":{"rendered":"https:\/\/www.villasdecoration.com\/fr\/uncategorized\/immobilier-a-bruxelles\/"},"modified":"2022-03-17T12:11:20","modified_gmt":"2022-03-17T11:11:20","slug":"real-estate-in-brussels","status":"publish","type":"post","link":"https:\/\/www.villasdecoration.com\/en\/patrimony\/real-estate-in-brussels\/","title":{"rendered":"Real estate in Brussels : the Belgian knows where and how to buy for his pleasure"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Sommaire<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69f2d6f647daf\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69f2d6f647daf\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.villasdecoration.com\/en\/patrimony\/real-estate-in-brussels\/#In_search_of_the_new_Brussels_real_estate_landscape\" >In search of the new Brussels real estate landscape<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.villasdecoration.com\/en\/patrimony\/real-estate-in-brussels\/#Waiting_properties_have_entered_the_property_market\" >Waiting properties have entered the property market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.villasdecoration.com\/en\/patrimony\/real-estate-in-brussels\/#The_certain_success_of_high-end_and_prestigious_properties_in_Brussels\" >The certain success of high-end and prestigious properties in Brussels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.villasdecoration.com\/en\/patrimony\/real-estate-in-brussels\/#Contemporary_villas_and_mansions_remain_the_most_sought_after\" >Contemporary villas and mansions remain the most sought after<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.villasdecoration.com\/en\/patrimony\/real-estate-in-brussels\/#Ixelles_Waterloo_cities_where_real_estate_acquisitions_follow_trends\" >Ixelles, Waterloo, cities where real estate acquisitions follow trends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.villasdecoration.com\/en\/patrimony\/real-estate-in-brussels\/#Rising_prices_and_demands_the_future_of_Brussels_real_estate\" >Rising prices and demands: the future of Brussels real estate<\/a><\/li><\/ul><\/nav><\/div>\n<blockquote><p>The Brussels real estate market has experienced many upheavals since the beginning of the pandemic. In the capital of Europe, the market has been strengthened. These upheavals have certainly caused a rush on properties located in the green<a href=\"https:\/\/www.sothebysrealty.be\/fr\/estates\/chien-vert-2\/?estate_status=a-vendre_fr&amp;canhavechildren=1&amp;get_paged=2\" target=\"_blank\" rel=\"noopener\">,<\/a> such as <a href=\"https:\/\/www.sothebysrealty.be\/fr\/estates\/chien-vert-2\/?estate_status=a-vendre_fr&amp;canhavechildren=1&amp;get_paged=2\" target=\"_blank\" rel=\"nofollow noopener\">prestigious new programs<\/a>, but this craze would also be linked to the fall in interest rates and the redefinition of safe havens. What&#8217;s the latest on real estate in Brussels?<\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"In_search_of_the_new_Brussels_real_estate_landscape\"><\/span>In search of the new Brussels real estate landscape<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The pandemic and containment have changed the real estate situation in Brussels. The so-called average purchase segment (with terrace or garden) has exploded, sometimes showing +10% in just one year.\u00a0 &#8220;We are now seeing a return to calm. After the pandemic, people wanted to move at high speed, especially those who lived in properties without a terrace or garden. Some people really suffered during that period,&#8221; says Jan de Kerchove. Jan de Kerchove, managing director of <a href=\"https:\/\/www.immo-lelion.be\/\" target=\"_blank\" rel=\"noopener\">Immobili\u00e8re Le Lion, <\/a>explains. &#8220;I remember one couple who were immediately attracted by the swimming pool and garden of a house before even considering the interior of the house, so much so that they needed an outdoor space. Pandemic or not, one reality remains: Belgians know how to enjoy themselves.<\/p>\n<div id=\"attachment_803\" style=\"width: 810px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-803\" class=\"center wp-image-803 size-full\" title=\"VILLAS Decoration Real Estate Brussels\" src=\"https:\/\/www.villasdecoration.com\/wp-content\/uploads\/2021\/12\/villas-decoration-real-estate-brussels-sothebys-international-realty-06.jpg\" alt=\"VILLAS Decoration Real Estate Brussels\" width=\"800\" height=\"600\" \/><p id=\"caption-attachment-803\" class=\"wp-caption-text\">Sotheby&#8217;s International Realty<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Waiting_properties_have_entered_the_property_market\"><\/span>Waiting properties have entered the property market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>People in Brussels who were planning to sell or move quickly during the pandemic did not do so or regretted it. &#8220;Some properties that had been on the market for a long time were indeed sold during this period. Many people in their fifties who were considering selling their property, in preparation for their later years, were stopped dead in their tracks by the pandemic. Now their homes are up for sale, which is boosting the market,&#8221; says David Chicard, managing director at <a href=\"https:\/\/www.sothebysrealty.be\/fr\/\" target=\"_blank\" rel=\"nofollow noopener\">Sotheby&#8217;s International Realty<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_certain_success_of_high-end_and_prestigious_properties_in_Brussels\"><\/span>The certain success of high-end and prestigious properties in Brussels<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&#8220;Moderate-sized properties were snapped up during the pandemic and are still very much in demand on the market today,&#8221; says Jan de Kerchove of Le Lion Real Estate. &#8220;The low interest rates are of course a contributing factor. For large units, it is of course more complicated. Marie Lambert, co-founder of <a href=\"https:\/\/www.james-realty.com\/fr\/\" target=\"_blank\" rel=\"noopener\">James Realty, <\/a>agrees: &#8220;Prestige properties, as usual, have benefited from a greater inertia. This is a constant, but also a Belgian particularity. Indeed, unlike London or Paris where prices can rise or fall quickly, Brussels benefits from greater stability, which is also more reassuring for the investor.\u00a0 The economic situation has finally come into play in this turbulent period. &#8220;Real estate and art have become more important in terms of investments. These safe havens have been favoured over the stock market, which has experienced major fluctuations,&#8221; says James Realty.<\/p>\n<p>Muriel Moons, agency director at <a href=\"https:\/\/www.mexxinternational.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Mexx International<\/a>, tempers this trend. &#8220;The increase cannot be generalized. It mainly concerns properties worth less than 1,500,000 euros. Properties considered to be top-of-the-range (between 1.5 and 2.5 million euros) have nevertheless also benefited from the market&#8217;s dynamics, as have those of prestige (over 2.5 million euros) where brokerage activity has increased significantly, creating a scarcity of the most sought-after homes.&#8221;<\/p>\n<div id=\"attachment_806\" style=\"width: 810px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-806\" class=\"center wp-image-806 size-full\" title=\"VILLAS Decoration Real Estate Brussels\" src=\"https:\/\/www.villasdecoration.com\/wp-content\/uploads\/2021\/12\/villas-decoration-real-estate-brussels-sothebys-international-realty-03.jpg\" alt=\"VILLAS Decoration Real Estate Brussels\" width=\"800\" height=\"600\" \/><p id=\"caption-attachment-806\" class=\"wp-caption-text\">Sotheby&#8217;s International Realty<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Contemporary_villas_and_mansions_remain_the_most_sought_after\"><\/span>Contemporary villas and mansions remain the most sought after<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At James Realty, it is believed that the most sought-after properties are contemporary villas and mansions with gardens and garages, which have been upgraded to energy standards. &#8220;Buyers are not keen on introducing permits for possible renovations. Despite demand far outstripping supply, some properties are less in demand, such as larger apartments that are more expensive, and those without outdoor spaces,&#8221; says James Realty.<\/p>\n<p>The same is true of Le Lion Real Estate, where contemporary homes continue to be attractive. &#8220;The lack of light and low ceilings are also not popular. The lack of light and low ceilings are also not popular. At Sotheby&#8217;s International Realty, according to David Chicard, they believe that the craze for new or &#8220;fully renovated&#8221; could also be linked to the fear of a new confinement, which would stop any possibility of refurbishment. &#8220;For the same reason, buyers are very keen on the presence of a terrace or a garden. They don&#8217;t want to find themselves confined again without the possibility of outdoor space.&#8221;<\/p>\n<div id=\"attachment_805\" style=\"width: 810px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-805\" class=\"center wp-image-805 size-full\" title=\"VILLAS Decoration Real Estate Brussels\" src=\"https:\/\/www.villasdecoration.com\/wp-content\/uploads\/2021\/12\/villas-decoration-real-estate-brussels-sothebys-international-realty-04.jpg\" alt=\"VILLAS Decoration Real Estate Brussels\" width=\"800\" height=\"600\" \/><p id=\"caption-attachment-805\" class=\"wp-caption-text\">Sotheby&#8217;s International Realty<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Ixelles_Waterloo_cities_where_real_estate_acquisitions_follow_trends\"><\/span>Ixelles, Waterloo, cities where real estate acquisitions follow trends<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&#8220;There has been strong pressure on Rhode-Saint-Gen\u00e8se due to the drop in registration fees in Flanders, now at 3% compared to 12.5% for Uccle, its direct neighbour. An element that now plays in the balance,&#8221; says James Realty. Jean de Kerchove also mentions the splitting of Brussels in two since the closure of the Bois de la Cambre at the beginning of the pandemic. &#8220;People are now looking to buy on one side of the woods or the other, depending on their interests. They have less and less desire to go to the city centre. Many have even changed their habits, including shopping in Waterloo. The reduction from five to three lanes on the Rue de la Loi also affects mobility in Brussels. Real estate has of course been impacted by these decisions, with a loss of interest in certain areas of the centre, such as the Sablon, which was once very popular.<\/p>\n<p>At Sotheby&#8217;s, the surge was mainly in Ixelles, Uccle, Rhode-Saint-Gen\u00e8se and Lasne, at least in the high-end segment. &#8220;People who are locked up in the city have rushed to Lasne and its greenery,&#8221; notes David Chicard. Mexx International also points to Waterloo and the Clairbois district in Braine l&#8217;Alleud. &#8220;In Brussels, the Bois de la Cambre, the Ixelles ponds and the Fort Jaco remain sought after because they offer a green and peaceful setting, close to shops and the city centre.<\/p>\n<div id=\"attachment_804\" style=\"width: 810px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-804\" class=\"center wp-image-804 size-full\" title=\"VILLAS Decoration Real Estate Brussels\" src=\"https:\/\/www.villasdecoration.com\/wp-content\/uploads\/2021\/12\/villas-decoration-real-estate-brussels-sothebys-international-realty-05.jpg\" alt=\"VILLAS Decoration Real Estate Brussels\" width=\"800\" height=\"600\" \/><p id=\"caption-attachment-804\" class=\"wp-caption-text\">Sotheby&#8217;s International Realty<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Rising_prices_and_demands_the_future_of_Brussels_real_estate\"><\/span>Rising prices and demands: the future of Brussels real estate<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A few years ago, the Brussels luxury market experienced a price increase due to the growing number of expatriates, particularly French, but also executives from the European Commission. &#8220;Their presence, combined with the quality of life in Brussels, attracts many expatriates who initially settle here for a year or two, but then decide to stay in Brussels. The real estate market has stabilised since then, with prices showing little change, but a sustained market,&#8221; observes Muriel Moons of Mexx International. New projects, on the other hand, are becoming rarer due to the rise in the price of raw materials. &#8220;However, their success is growing because they offer a guarantee and, above all, energy-efficient finishes that correspond to current requirements.&#8221;<\/p>\n<p>David Chicard of Sotheby&#8217;s International Realty believes that the upcoming French presidential elections could change the game in Brussels. &#8220;If taxes increase in France, it is possible that French expatriates will come here and drive up prices. Having said that, my advice to anyone currently harbouring a property project is not to wait as the cost of living and inflation keep rising.&#8221;<\/p>\n<div id=\"ConnectiveDocSignExtentionInstalled\" data-extension-version=\"1.0.4\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Brussels real estate market has experienced many upheavals since the beginning of the pandemic. In the capital of Europe, the market has been strengthened. These upheavals have certainly caused a rush on properties located in the green, such as prestigious new programs, but this craze would also be linked to the fall in interest [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":2739,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-3796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-patrimony"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/posts\/3796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/comments?post=3796"}],"version-history":[{"count":0,"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/posts\/3796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/media\/2739"}],"wp:attachment":[{"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/media?parent=3796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/categories?post=3796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.villasdecoration.com\/en\/wp-json\/wp\/v2\/tags?post=3796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}