Average monthly rent for housing in Brussels-Capital Region 2004-2018
Monthly rents for residential property in the Brussels-Capital Region in 2018 increased by roughly 15 euros a month between 2017 and 2018, according to survey results. The rent for a house in the city of Brussels or one of its 18 surrounding municipalities averaged approximately 740 euros per month in 2018. The 19 municipalities of the Brussels-Capital Region rank as the most expensive places for residential real estate in Belgium.
In recent years, the housing market in Belgium remained stable. This was due to Belgium's fiscal system. When purchasing a house in Belgium, consumers pay the asking price plus ten (in Flanders) or 12 percent (in Wallonia and the Brussels capital region) in registration rights. This makes buying a house in Belgium a long-term investment. Between the first quarter of 2015 and the first quarter of 2017, the house price index of Belgium increased from 142.5 to 154.4, whilst the indices of Luxembourg and the Netherlands increased from 142.5 to 162.8 and 92.5 to 112 respectively in the same period.
In recent years, the housing market in Belgium remained stable. This was due to Belgium's fiscal system. When purchasing a house in Belgium, consumers pay the asking price plus ten (in Flanders) or 12 percent (in Wallonia and the Brussels capital region) in registration rights. This makes buying a house in Belgium a long-term investment. Between the first quarter of 2015 and the first quarter of 2017, the house price index of Belgium increased from 142.5 to 154.4, whilst the indices of Luxembourg and the Netherlands increased from 142.5 to 162.8 and 92.5 to 112 respectively in the same period.
