As a result of the perceived lack of performance in pension funds and the constant and steady growth in property prices seen over the last 10 years, many people see buying an investment property in Brussels and Belgium as the way to future financial stability.
Investors typically buy via a number of clear channels. Their formulas are often tried and tested, however professional investors tend to concentrate more on Capital Growth rather than straight Rental Yield. It is therefore not uncommon that some buy-to-let investors are prepared to buy properties with little or no monthly yield.
New Construction
Purchasing a new home in Brussels or Belgium as an investment is a popular option for property investors as they typically come with the peace of mind, a guarantee on all the works for 10 years.
Some property developments also offer the option to buy property off plan. Buying off-plan means buying a single unit or a large proportion of a development before the show flat has even been built with the aim of picking up the best units. It is not uncommon to buy off-plan around 18-24 months before completion of the site takes place.
Un-modernised
Property investors often buy properties that they can develop themselves, often in the hope that they can replicate their 'ideal' rental formula and create the perfect lettings flat that will never suffer void periods. Property developers also perceive that as they are modernising the property themselves they know their own portfolio inside out. Brussels and Belgium offer numerous opportunities for un-modernised property development.
Tenants in situ
Property investors want to maximise their rent and minimise their void periods. The epitome of this is buying single units or portfolios with tenants already in situ. The advantages are that you know who your tenant is in advance, as well as how much they are paying, when they plan to leave, and ultimately the rental yield from day one.
Whether you prefer to buy multiple properties, take a small portfolio of homes in one development, or diversify the type of property and area, contact us today to get access to our portfolio and investment advice.