|Last Updated: May 07, 2013|
|BRUSSELS - Apartments||COST (Ä)||YIELD (p.a.)||PRICE/SQ.M. (Ä)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|50 sq. m.||157,650||728||5.54%||3,153||14.56|
|75 sq. m.||231,600||968||5.01%||3,088||12.90|
|100 sq. m.||319,900||1,157||4.34%||3,199||11.57|
|120 sq. m.||374,880||1,361||4.36%||3,124||11.34|
|150 sq. m.||495,150||1,605||3.89%||3,301||10.70|
|200 sq. m.||664,400||2,466||4.45%||3,322||12.33|
|150 sq. m.||419,250||1,704||4.88%||2,795||11.36|
|250 sq. m.||668,250||2,460||4.42%||2,673||9.84|
|400 sq. m.||1,180,000||3,600||3.66%||2,950||9.00|
Brussels: Laeken, Neder-over-Heembeek, Auderghem, Ixelles, Saint-Gilles, Uccle, and Woluwe-Saint-Pierre
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
Gross rental yields in Brussels range from barely acceptable to good, depending on the size and location. Gross rental on apartments in Brussels range from around 3.54% to 5.95%, while yields on houses range from 2.90% to 5.30%.
Thereís been a notable sires in prices over the past year. Square metre (sq. m.) prices of apartments and houses in the prime districts of Brussels have increased, according to the latest survey of Global Property Guide. So too have rents.
During the year ending in May 2012:
These increases are broadly in line with Statistics Belgiumís report on average property prices in Brussels, which shows that during the year to H2 2012, the average prices of apartments rose 6.4%; the average prices of regular houses rose 3.6%; and the average prices of villas, bungalows, country house rose by 8%.
Rents have also significantly increased, according to our survey. The year ending May 2012 saw:
All of the apartments and houses included in our survey are located in the prime areas of Brussels. The prime areas are Auderghem, Brussels City, Etterbeek, Ixelles, St. Gilles, Uccle, Woluwe-St. Pierre, and Woluwe-St. Lambert. Our survey included around 2,300 apartments and houses.
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