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Property prices are still relatively cheap in Belgium compared with some other European countries, although it is expensive to buy property in Brussels. However, there are substantial additional costs involved in buying a property in Belgium arising from the tax laws and other fees, which typically add around 17% to the purchase price. One source gives examples of average starting prices for property in Belgium (in GBP and US$) as:

GBP170,000 / $250,000 for a villa/house
GBP60,000 / $87,500 for a flat/apartment
GBP130,000 / $190,000 for a Maison de Maitre/Townhouse

Source: http://www.real-estate-european-union.com/english/belgium.html

The main additional cost at the time of purchase is the registration tax, which is 12.5% of the purchase price, or 6% in the case of small properties. In Flanders, lower rates of 10% and 5% are payable, and in Brussels the first EUR 45000 of the purchase price is exempt from registration tax. You will also be required to pay tax on registration of the mortgage, as well as a fee to the mortgage lender. Notary fees are fixed by the state, and are based on the value of the property. These are usually around 1.6% of the selling price.