|Last Updated: May 04, 2014|
|BRUSSELS - Apartments||COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|60 sq. m.||195,360||790||4.85%||3,256||13.17|
|75 sq. m.||215,625||927||5.16%||2,875||12.36|
|90 sq. m.||250,830||1,025||4.90%||2,787||11.39|
|120 sq. m.||290,400||1,338||5.53%||2,420||11.15|
|200 sq. m.||616,600||2,342||4.56%||3,083||11.71|
|150 sq. m.||437,700||1,829||5.01%||2,918||12.19|
|250 sq. m.||692,250||2,570||4.46%||2,769||10.28|
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 have remained steady over the past year. Gross rental on apartments in Brussels range from around 4.56% to 5.53%, while yields on houses range from 4.46% to 5.01%. Meanwhile, the difference between the yields on small properties, which tends to be higher, and those on larger properties, has shrunk.
Square metre (sq. m.) prices of apartments and houses in the prime districts of Brussels have been increasing, according to the latest survey of Global Property Guide. So too have rents.
All of the apartments and houses included in our survey are located in the prime areas of Brussels. The prime areas we took were Laeken, Nieder-over-Heembeck, Auderghem, Ixelles, St. Gilles, Uccle, Woluwe-St. Pierre, and Woluwe-St. Pierre. Our survey included around 2,300 apartments and houses.
The biggest reason that investors in Belgium will be discouraged is that round trip transaction costs are high for buyers of residential property. See our Belgium residential property transaction costs analysis and our Residential property transaction costs in Belgium compared to other countries
Be the first to comment on this article!
Login or Register to submit a comment!
In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.
Fortnightly updates from the global property arena directly to your inbox.
Connect to professional advice in Belgium
Which parts of the world are most attractive for property investment today?