For several years, the city of Liege has been a real estate success with a rapidly growing activity.
The real estate market offers many investment opportunities, there are currently more than a hundred buildings for sale on postal codes 4000 and 4020. With such an offer, how can we separate the good products from the bad ones? Here are some tips to help you answer them...
The performance of a reporting building will depend on several factors such as :
The investment properties that our local franchisee partner recently sold in Liege offer a profitability of 4.4% (building of 3 units in urban order) to 6.8% (building of 10 units). These returns are calculated on the basis of 10 months' rent (1 month's rent used to finance the withholding tax on real estate and 1 month for the change of tenant or for a provision for costs) and deed in hand, i.e. the acquisition costs are included in the total amount of the investment.
To calculate the return on your investment, the formula is as follows:
Profitability = (monthly rent x 10) / (purchase price x 15%)
The answer is YES
Real estate prices in Liege have certainly risen sharply in recent years, but given the interest rates that are still quite low and the potential for development, Liege remains a particularly popular place. Except in the event of a major financial crisis, there is no obstacle to the continued growth of real estate in Liège.
With a small amount of capital and thanks to the loans that banks can grant, investing in a rental property is always a good investment plan, and over the years, you build up a small amount of real estate capital, with the rents received becoming a nice annuity once the loan has been repaid.
But before investing, we advise you to pay attention to the following points:
If an investment in a rental building seems too important, it is also possible to invest in an apartment that can be offered for rent. There is a strong demand for apartments for rent in the centre of Liège.
Buying a rental property is an excellent investment. As with every investment, there is always a risk, but by preparing the file well and analysing each aspect perfectly, you reduce it to make it a great deal.
Whether you are looking for a rental property or you are an owner wishing to resell your property, our real estate agency Engel & Völkers in Liege will advise you and fully support you in your investment project...