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Belgium Real Estate is Passing through a Record Breaking Stability

James Boley by James Boley
August 29, 2019
in Business
Reading Time: 2 mins read

Last year Belgium witnessed a record sales of luxury property in the country. The sale of goods in the country in 2018 was one million euros and had jumped as compared to 2010. The coastal area of Belgium, Knokke-Heist, has topped the ranking for luxury property sales. The average price of a luxury home there was 2,006,500 euros while luxury apartments that are numerous in this coastal town, had witnessed the average price 1,313,750 euros in Belgium. Antwerp, Schilde, Sint-Martens-Latem, and Uccle follow Knokke-Heist as the top 5 municipalities in Belgium where the luxury property sales took place.

The reason behind the hike in luxury property sale in the country is the role of real estate to represent 86% of an average Belgian household’s asset, according to the National Bank of Belgium. Hence it is predictable how valuable would be an apartment, immo Belgique home, and villa in Belgium. House and rental prices in the country have increased by 300% since the mid-90s due to the perfect policies and circumstances that led to increasing the value.

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Maisons ET Apartment is a free real estate property finder in Belgium and the company is a leader in classifieds for sale and for rent in Belgium. Its platform currently contains more than 70k listings. Most of the people are visiting Maisons ET Apartment for looking property for sale or for rent in Belgium. Houses, apartments, plots, villas, garages, and shops on such portals appear with great choices to meet the real requirements of real estate.

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James Boley

James Boley

With an experience of two years covering the local news, James has a panache for recognizing, understanding and decoding science based news. He brings in the best news pieces for the Science/Environment section of the website.

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