Luxury Real Estate in Belgium: A Booming Market Reaching Record Levels
The luxury real estate market in Belgium is experiencing one of its strongest years ever, driven by a surge in million-euro transactions and rising prices in the country’s most desirable regions. Belgian buyers are returning in force, now representing the majority of high-end purchasers.
A Strong Rebound in the Belgian Luxury Property Market
According to Statbel, sales of luxury houses over €1 million have risen by 58% since 2010, while high-end apartment sales have increased by 91%.
Belgian buyers now account for 75% of luxury purchasers, compared to only 50% three years ago—a striking shift in market dynamics.
Knokke-Heist, Belgium’s Most Exclusive Coastal Town
A Top Destination for High-End Buyers
In the prestigious seaside town of Knokke-Heist, the average price of a luxury house now exceeds €2 million. Business leaders and affluent buyers flock to this area for its natural surroundings and premium lifestyle.
High-end properties in areas like Sparrendreef often require budgets of €5 to €5.25 million for a 550 m² home with generous land. Since 2010, villa prices have increased by 22%.
Luxury Buyers Also Target Major Belgian Cities
The Most Expensive Municipalities
The top Belgian locations following Knokke-Heist include:
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Uccle
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Antwerp
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Schilde
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Sint-Martens-Latem
The province of West Flanders attracts nearly one-third of all luxury villa sales.
Exceptional Properties Above €1 Million
Prestigious estates such as the Anges Gardiens villa (€10M) or the Old Turnhout estate (€5.95M) highlight the vitality of the Belgian luxury market. Low interest rates continue to support acquisitions of luxury estates and castles.
Searching for a Luxury Property in Belgium
For villas, penthouses or exclusive estates in Belgium, Lecobel-Vaneau assists clients seeking premium properties on the Belgian coast or in Brussels.
