In the ever-evolving landscape of Belgium’s real estate market, Brussels maintains its stronghold as the nation’s premier hub of luxury and exclusivity, according to recent findings from Immoweb, one of the country’s leading estate agents.
Despite signs of price stabilization across the region, Brussels continues to boast significantly higher property values compared to its neighbouring regions, with the average price per square meter in the capital city soaring to €3,308.
This figure stands in stark contrast to the respective averages of €2,449 in Flanders and €1,720 in Wallonia.
Delving into the intricate tapestry of Brussels’ residential areas, Immoweb’s analysis uncovers the most coveted addresses, with Avenue des Chalets in the prestigious Prince d’Orange district reigning supreme as the capital’s most expensive thoroughfare.
Nestled near the scenic Bois de la Cambre, this enclave of luxury villas commands an eye-watering average price of €5,569 per square meter, epitomizing the opulence synonymous with Brussels’ elite neighbourhoods.
Following closely behind, Rue de la Vallée in the Étangs de Flagey district emerges as a prominent contender, boasting an average price of €5,475 per square meter.
Drève du Caporal in Uccle completes the podium of extravagance, with properties fetching an average of €5,439 per square meter.
Beyond the confines of Brussels’ affluent enclaves, Immoweb’s data sheds light on the diverse real estate landscape permeating the city’s outskirts.
In Molenbeek-Saint-Jean, properties along the canal, such as Quai des Charbonnages and Rue du Chien Vert, command prices nearing €3,000 per square meter, juxtaposing the city’s luxurious offerings with more affordable alternatives.
Meanwhile, neighbouring municipalities like Anderlecht and Woluwe-Saint-Lambert showcase their own pockets of opulence, with Rue des Betteraves and Avenue de Tervueren emerging as focal points of high property values, further underscoring Brussels’ status as a magnet for luxury property investors.
Venturing beyond the capital, Ghent and Leuven emerge as beacons of extravagance in Flanders, boasting some of the region’s most coveted addresses.
Rue Vogelmarkt in Ghent steals the spotlight with an average price of €4,975 per square meter, while squares like Monseigneur Ladeuzeplein and Rector De Somerplein in Leuven command prices nearing €4,727 and €4,726 per square meter respectively.
In Wallonia, Namur reigns supreme as the epicentre of luxury living, with Rue Saint-Jean soaring to the top of the list with an average price of €2,921 per square meter, eclipsing its counterparts in Mons, Charleroi, and Liège.
As Belgium’s real estate landscape continues to evolve, Immoweb’s insights serve as a compass for prospective buyers and investors, navigating the labyrinth of luxury that defines the nation’s property market.
Amidst fluctuating trends, one constant remains: Brussels reigns supreme as the pinnacle of prestige and prosperity in Belgium’s real estate realm.
This article was created using automation technology and was thoroughly edited and fact-checked by one of our editorial staff members
