It’s no surprise that the Belgian real estate market is booming, with rising prices and ever-increasing purchasing budgets.
Singerbird gives you an overview of interesting places to invest in Belgium.
The Canal Zone, Molenbeek
Molenbeek is the least expensive commune in Brussels, with a median house price of €295,000. The federal government and the Brussels-Capital region have developed a colossal expansion strategy for the canal area, with the potential for 25,000 new homes and 7,500 new jobs. The Canal Plan is a collaborative approach that favors co-construction between public and private players. Today, numerous renovations and refurbishments are underway in this sector, ensuring a good future and a guaranteed return on investment.
This Flemish community on the outskirts of Brussels, close to Zaventem airport, is booming. Despite an intensive communal development plan, the average selling price for a property is currently €250,000. With the renovation of the Vilvorde viaduct now underway, and other infrastructures designed to ease traffic congestion, such as the construction of a giant bicycle path, this town, just twenty minutes from the center of Brussels, is likely to become an attractive investment destination in the years to come.
Periphery of Namur
Namur, the capital of Wallonia, is a fast-growing city, with real estate prices also following this trend: almost 10% increase from 2020 to 2021. With a median price of €240,000 in the center of Namur, many small towns and villages nearby are still very affordable, with attractive building plots available. Malonne, Floreffe, Jambes and Andenne all offer investment opportunities with a guaranteed return.
The great Charleroi
Charleroi, Belgium’s bête noire, and yet… it’s Wallonia’s first metropolis, sadly neglected after the industrial revolution in favor of other Belgian cities. Today, huge budgets are being put in place to revitalize employment, culture and housing in the city center. The greater Charleroi area offers excellent prospects for real estate investment, with its beautiful neighborhoods. A good balance between town and country, with an attractive price tag, the average price of a property currently being around €120,000.