Belgium: House Prices, Rents, and Rental Yields
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Last Updated: May 18, 2009
Belgium remains static at 5.5%
| Last Updated: May 18, 2009 | |||||
| BRUSSELS - Apartments | COST (€) | YIELD (p.a.) | PRICE/SQ.M. (€) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 50 sq. m. | 130,200 | 665 | 6.13% | 2,604 | 13.30 |
| 90 sq. m. | 227,700 | 1,070 | 5.64% | 2,530 | 11.89 |
| 120 sq. m. | 295,800 | 1,424 | 5.78% | 2,465 | 11.87 |
| 200 sq. m. | 605,600 | 2,246 | 4.45% | 3,028 | 11.23 |
| BRUSSELS - Houses |
|||||
| 150 sq. m. | 358,800 | n.a. | n.a. | 2,392 | n.a. |
| 250 sq. m. | 578,000 | n.a. | n.a. | 2,312 | n.a. |
| 350 sq. m. | 875,350 | n.a. | n.a. | 2,501 | n.a. |
| 500 sq. m. | 1,420,000 | n.a. | n.a. | 2,840 | n.a. |
|
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 |
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Gross rental yields in Brussels, Belgium are around 5.5%, almost unchanged from last year (5.3%).
An upper-end apartment in central Brussels would cost €2,651 per square metre (sq. m.), according to the Global Property Guide, almost unchanged from €2,514 per sq. m. last year.
The index of apartment prices across Belgium rose 6.26% in 2008, according to the Institut National de Statistique, or 1.73% after inflation.
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Your Comments
posted by Igor Babich | 2008-06-22
Riga, Latvia
Hello, I just red Your article about the prices in Belgium. I can't understand exactly about what type of apartments Your portal writes? Recently I red an article on many other website. They said that apartment prices in Brussel or Antverpen is about 800-1000 EUR per sq. meter. Maybe I am wrong? What can You say about that?
posted by our Editor: Matthew Pollock | 2008-06-22
Yes they are probably right, we cover upscale apartments in the city centre
posted by Igor Babich | 2008-06-23
Riga, Latvia
Yes they are probably right, we cover upscale apartments in the city centre - and it is possible for new build apartments with normal quality (not social houses)?Maybe You as professionals can give your opinion why the prices are so cheap. I suppose in Brussel are the lowest prices in Europe?Maybe for the reason of small quantity of people in Brussel and huge proposal? Or ...?