Young people in Brussels: what are the property prices in different neighborhoods?

The number of transactions is also falling rapidly, but this phenomenon is common in many European cities, as notary Katrin Roggeman (Cantor Van Halteren) points out. "Whether in the Netherlands or in France, everyone is waiting for interest rates to stop rising and for construction costs to decrease or at least stabilize. So far this is not happening because of the well-known inflation that has been seen in the last two years due to the international crises. "

Once one can conclude that potential buyers have not lost interest in real estate, but the notary does not make this assertion. "It depends, of course, on the neighborhood, but we see that young people want to buy. They are facing high real estate prices in the Pentagon and banks,''who are resisting and becoming more stringent on bank guarantees. They often require the buyer to have sufficient capital, which a young couple rarely has unless they turn to their parents. "

A small revolution in the real estate market in Brussels: buying homes cheaper.... but without land

The neighborhood where Madame Roggemann's cantor, Notre-Dame-aux-Neiges, is located, in the vicinity of the Congress Column and the Royal Circus, has seen the renovation of late 19th century buildings and many demolitions and rebuilds in recent years. "This means that the problem of energy passages is not as much of an issue in this neighborhood." In his day-to-day practice, the notary notes that potential buyers are informed before buying a property. "In the center of the''The city has a lot of buildings that are historical monuments, and there are a lot of restrictions. Buyers of such properties know exactly what they're doing; they've studied the issue with the city planning department. "

The downtown area is characterized by both old and new housing. But for Madame Roggeman, the entire market is interesting and attractive. "It all depends on how much the buyer is willing to pay.