FAQ

Relying on a real estate agent who’ll give a free estimation of your property offers a lot of advantages. You’ll receive an objective and detailed estimation. Therefore, the agent will measure the surface when visiting the place and he’ll analyse a series of criteria such as the location of the property, the condition of the property, its compliance with regulations etc. For the purposes of comparison, he’ll also give you the price of reals estate of the same type in your neighbourhood.

A good estimation of your property will allow you to sell it quickly and to avoid possible discussions with the buyers. So it’s important not to under- nor overestimate your property. When overestimated, a property will lose value when the owner will eventually have to lower the price, possibly even under the price advised by the brokers. So it’s very important to offer the property at a price corresponding with the real market price.

First of all, the agent will make an objective evaluation of your property. This is of prime importance for it’s possible that you won’t sell it at the best price when it is over- or underestimated. Also, the real estate agencies mostly have excellent communication channels and a strong client portfolio which allows them to ensure a good visibility for your property. You also get a full support so that you won’t have to do anything yourself. The agent draws up the lease agreement, arranges the visits, receives the offers. As the agent is familiar with the quarter and its neighbourhood, he has an excellent knowledge of the market. Finally, the rules, laws and bureaucracy are getting more and more complicated. By relying on a specialist in the subject you will have a better peace of mind, you will save time and you’ll benefit of a non-negligible security.

- An agency that is active in my quarter
- An agency recommended by acquaintances
- An agency with a good communicative visibility

or sale, the agency-costs are generally about 3% ex VAT for a complete acceptance and covering all responsibilities related to an accredited real estate agency.
For renting: 1 month’s rent ex VAT for finding a tenant and for undertaking all necessary steps from the lease agreement till its registration.

For the sale of your property, it is advisable to rely on a real estate agency, which offers more advantages. First of all, the agent will make an objective evaluation of your property. This is of prime importance for it’s possible that you won’t sell it at the best price when it is over- or underestimated. Also, the real estate agencies mostly have excellent communication channels and a strong client portfolio which allows them to ensure a good visibility for your property. You also get a full support so that you won’t have to do anything yourself. The agent draws up the lease agreement, arranges the visits, receives the offers. As the agent is familiar with the quarter and its neighbourhood, he has an excellent knowledge of the market. Finally, the rules, laws and bureaucracy are getting more and more complicated. By relying on a specialist in the subject you will have a better peace of mind, you will save time and you’ll benefit of a non-negligible security.

The title deed, urban planning information, the EPC certificate, certificate for the fuel oil tank, soil pollution certificate, electricity certificate, the post intervention file, copy of the identity cards of the sellers, the plans of the property.
If it is about an apartment: also the coordinates of the syndic, the minutes of the General Meeting of the last 3 years, the charges of the co-property of 2 complete years as well as the basic act.
If, at the moment of the sale, the property is rented, also a copy of the lease agreement and proof of its registration is needed, as well as copy of the letter to the tenant informing him/her of the change of landlord, the entry survey and the rental guarantee.

We advise you to regularly look at the adverts on the real estate sites as well as at the ‘properties for sale’ at the real estate agencies. They mostly offer you the possibility to put your search criteria on their websites so that you can receive first hand interesting offers. You can also directly contact a real estate broker who will gladly help you finding a property or you can call upon a real estate chaser who will try to find the ideal property for you. Don’t hesitate contacting notaries too. They also offer properties for sale.

Both have their advantages. As for the price, new real estate is more expensive than old. This is also the case with regard to the taxes (21% for new, 12,5%/10% for old). On the other hand, notary costs for new are cheaper than for old. So costs are higher for new but you have more choice, they have a better energy performance and you have a 10 year guarantee on the construction. Also take into account that you won’t have high expenditure in the next 15 years for new real estate. And the charges are lower. So it is a “perfect business-plan”: you know exactly what you will spend at the start and you’ll have X return during the next 15 years.

This is offering more advantages. First of all, the agent will make an objective evaluation of your property. This is of prime importance for it’s possible that you won’t sell it at the best price when it is over- or underestimated. Also, the real estate agencies mostly have excellent communication channels and a strong client portfolio which allows them to ensure a good visibility for your property. You also get a full support so that you won’t have to do anything yourself. The agent draws up the lease agreement, arranges the visits, receives the offers. As the agent is familiar with the quarter and its neighbourhood, he has an excellent knowledge of the market. Finally, the rules, laws and bureaucracy are getting more and more complicated. By relying on a specialist in the subject you will have a better peace of mind, you will save time and you’ll benefit of a non-negligible security.

For selling, there are no good nor bad moments. But, depending of the type of property some seasons are better than others. So for instance it will be better to sell a house with a garden in the spring.

It depends from your personal situation. Do your personal ad professional projects allow you to buy real estate now? Inform yourself about the actual situation of the real estate market., and particularly about the prices, the interest rates, etc.

It all depends from your financial situation and your possibilities. Buying a property is more advantageous because you create a patrimony. But beware not to put yourself in a difficult situation by buying if this is beyond your possibilities.

First of all, the agent will make an objective evaluation of your property. This is of prime importance for it’s possible that you won’t sell it at the best price when it is over- or underestimated. Also, the real estate agencies mostly have excellent communication channels and a strong client portfolio which allows them to ensure a good visibility for your property. You also get a full support so that you won’t have to do anything yourself. The agent draws up the lease agreement, arranges the visits, receives the offers. As the agent is familiar with the quarter and its neighbourhood, he has an excellent knowledge of the market. Finally, the rules, laws and bureaucracy are getting more and more complicated. By relying on a specialist in the subject you will have a better peace of mind, you will save time and you’ll benefit of a non-negligible security.

We know from our own experience that asking the correct price is the key to a successful sale. Realistically, a property should be sold within 3 months. Certain charming and/or very well situated properties are even sold in the first days after publication. On the other hand, an overestimated property can stay too long on the market.

First of all we advise you to get an estimation of your property in order to get the best possible price for it. Then you need to gather all the documents you need for selling you property, such as:
the title deed, urban planning information, the EPC certificate, certificate for the fuel oil tank, soil pollution certificate, electricity certificate, the post intervention file, copy of the identity cards of the sellers, the plans of the property.
If it is about an apartment: also the coordinates of the syndic, the minutes of the General Meeting of the last 3 years, the charges of the co-property of 2 complete years as well as the basic act.
If, at the moment of the sale, the property is rented, also a copy of the lease agreement and proof of its registration is needed, as well as copy of the letter to the tenant informing him/her of the change of landlord, the entry survey and the rental guarantee.
Ant then you can chose to rely upon a real estate agent for the operation of selling your property.

Investing in real estate is interesting because it allows you to buy a property, rent it and pay the mortgage with the rental income. In this way, you create a real estate patrimony.

Investing in new real estate is offering several advantages. If you want to invest, you’ll first of all have to calculate exactly the cost of your investment. The advantage of new real estate is, that this cost is controllable. In fact, you have a fix price and a ten year guarantee on the stability and the durability of the building. This guarantee is a real security as it covers the two aspects that could cause problems or that could be expensive in case of problems with the new construction. You also benefit of a two years’ guarantee on the household appliances and a one year guarantee on hidden defects of the house. It is also important to know that no big expenditure needs to be foreseen in the next 15 years. And the charges are lower. So it is a perfect business-plan: we exactly know what we’ll pay from the start and we have a return on investment of X during the next 15 years. Investing in new real estate also offers you an important freedom of choice. If you buy your property on plan, you can decide how to arrange the spaces, ie. You can enlarge of diminish the volume of a room and you can make your choice with regard to the finishing (choice of materials, appliances, etc.) all with respect for your wishes.

You first need to get an evaluation of your property if you cant to invest in real estate. Many investors often tend to overestimate the return on investment in real estate. It has been shown by a recent study that 1 out of 4 Belgians think that real estate will give them a 5% return. One out of 6 even aims at 8% or more. Unfortunately this is not realistic. The real return on investment is mostly slightly above 3% (source AG). In order to calculate your return on investment you simply divide the yearly rental income by the total purchase price of the property. Then you multiply the result by 100 and you get the gross return on investment. The average return is calculated on 10 months, as you need 1 month’s income to pay the cadastral income and one month’s income to cover the rental costs (painting, vacancy, damages, ..).

Notary costs are 2-3%, which is cheaper than for old real estate.
VAT is 21%

To administer a property yourself takes time and a juridical knowledge. In fact, you will have to draw up a lease agreement, you’ll have to arrange insurances, you’ll have to follow-up the payment of the rent, etc… If you don’t have the time nor the knowledge, you can rely upon an expert in real estate administration who will take on these tasks for you.

You’ll have to present a copy of your identity card as well as an employment contract or another proof of your solvency.

The agency-costs generally are around 3% ex VAT for a complete acceptance and covering all responsibilities related to an accredited real estate agency.
For renting: 1 month’s rent ex VAT for finding a tenant and for undertaking all necessary steps from the lease agreement till its registration.

The aspect of solvency , can he/she pay the rent, is important when finding a good tenant.
It is generally agreed that the tenant’s salary should be 3x the monthly rent in order to be able to pay the rent without problem. We advise you to examine the tenant’s financial possibilities in order to be sure about his solvency.

We advise you not to renovate your property before selling it. Whether it is a garage, a parking, an apartment, a house, a building or any other thing. Each has its own advantages and disadvantages. You could for instance paint your house entirely white whereas the buyer prefers colours. It would have been useless. Also, freshly painted walls could make the buyer think that there are hidden defects.

Each type of real estate could be a good investment, whether it is a garage, a parking, an apartment, a house, a building or any other type. Each has its own advantages and disadvantages. It is up to you to choose the best type of investment. Your own future projects will determine the type of investment that meets best your demands. But keep in mind that the location is a very important item when investing in real estate. Be sure that your property is nearby shops, schools, etc.

We advise you to buy instead of rent your first house. In fact, finding a property that suits you takes a lot of time. So it’s better to take your time searching for a suitable house and then rent out your actual house.