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Belgium – Finding Property to Buy

Popular Estate Agents in Belgium

Some well-known real estate agencies in Belgium include:

Qualifications and Licences in Belgium

Real estate agents in Belgium must register with the Belgian Institute of Real Estate Agents (BIV) to practice legally. Key requirements are:

  • Complete BIV-approved real estate education modules.
  • Pass BIV examinations.
  • Maintain professional liability insurance.
  • Follow codes of conduct.

Licenses must be renewed annually through continuing education.

Breakdown of Estate Agent Fees in Belgium

Common real estate fees in Belgium include:

  • Commission – Typically 2-3% of sale price, paid by seller.
  • Advertising and marketing expenses.
  • Administrative fees for paperwork.
  • Purchase registration fee – Around 10% of sale price.
  • Notary fees – 1-2% paid by buyer.

Other Resources

Some other popular resources for property listings in Belgium include:

  • Immoweb – Leading Belgian property portal.
  • Newspapers – Classifieds sections, especially in De Standaard and Het Laatste Nieuws.
  • For sale signs – Posted outside properties around the country.
  • Developer websites – List available units in their projects.
  • Real estate magazines – Such as Logic-Immo.
  • Facebook groups – For example, Immobilier en Belgique.
  • Property exhibitions – Hosted in cities like Brussels and Antwerp.

Buyer’s Agent

Using a buyer’s agent is common practice in Belgium. They must hold the same BIV license as listing agents. Fees are typically paid by the seller, so buyer’s agents are free for buyers. They provide valuable guidance throughout the purchase process.

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Organisations for Foreign Property Buyers in Belgium

Helpful organisations include:

  • Belgian Institute of Real Estate Agents – The licensing body. Tel: +32 2 743 19 80.
  • Federation of Notaries – Provides notary referrals. Tel: +32 2 505 08 11.
  • Real estate law firms – Such as Jump Avocats. Tel: +32 2 306 18 60.
  • Banks – Offer loans and guidance for expats buying property.

Using qualified professionals ensures a smooth property purchase for foreigners in Belgium. Seeking advice from expats who have already purchased property can also provide helpful insights. Overall, Belgium offers a stable environment for real estate investments by foreigners. Proper research and guidance will lead to a successful purchase.

For expats looking to put down roots in Belgium by purchasing property, having local real estate experts paves the path to success. Licensed agents tap into inside networks to uncover ideal listings and assist with negotiations using their unparalleled market knowledge. Teaming up with a buyer’s agent and real estate lawyer provides an extra advantage during an already complex process. Joining expat communities also grants access to peers who can share tips and lessons learned. While buying abroad requires careful navigation, Belgium’s high quality of life makes property ownership an attractive prospect. With the right support system in place, the dream of settling into a new home in Belgium can become a reality.

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