Belgium real estate market — prices, rental yield and trend
- Average price: $4,517 / m²
- Gross rental yield: 5.24%
- 12-month price change (USD): -1.6%
- Transaction cost: 15.5%
- Price basis: national average
Residential property in Belgium averages $4,517 per square metre. In dollar terms the market has barely moved over the last twelve months (-1.6%). That makes it the 46th most expensive of the 131 markets in the set.
What a buyer pays in Belgium
The $4,517 figure is a national average across all residential property types, which flattens a wide spread — the capital typically runs far above it and small towns far below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 15.5% of the price here. On a 100 m² apartment at the average price that is roughly $70,008 on top of the $451,664 purchase price. That is above the 9.5% median across the set — the entry cost is part of the investment case here. Inside Belgium we also track Brussels separately, where the average is $5,045 — 11.7% above the national figure.
What it earns
A square metre lets for about $19.7 a month. Against a purchase price of $4,517 per square metre that is 5.2% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 79th of 151 markets by gross yield.
Where the price sits against its own history
Prices are +21.4% over five years and +47.5% over ten in local terms.
Belgium house price index, 2016–2025 (2016 = 100)
| Year | Index |
|---|---|
| 2016 | 100 |
| 2017 | 103.5 |
| 2018 | 106.7 |
| 2019 | 110.7 |
| 2020 | 115.4 |
| 2021 | 123.1 |
| 2022 | 129.9 |
| 2023 | 133 |
| 2024 | 137.2 |
| 2025 | 141.6 |
Rebased to 100 in 2016, the index stands at 141.6 in 2025. The series is in local currency, and the twelve-month numbers above show how much of that a dollar buyer actually keeps.
How this figure is built
The price figure for Belgium is built from asking prices from listings. It was last refreshed on 2026-10-15. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: Numbeo Belgium [https://www.numbeo.com/cost-of-living/country_result.jsp?country=Belgium&displayCurrency=USD]; Eurostat prc_hpi_a BE [https://ec.europa.eu/eurostat/api/dissemination/statistics/1.0/data/prc_hpi_a?format=JSON&purchase=TOTAL&unit=I15_A_AVG&geo=BE&sinceTimePeriod=2016&lang=en]; Eurostat prc_hpi_q RCH_A BE [https://ec.europa.eu/eurostat/api/dissemination/statistics/1.0/data/prc_hpi_q?format=JSON&purchase=TOTAL&unit=RCH_A&sinceTimePeriod=2025-Q3&lang=en&geo=BE]; FX api.frankfurter.dev; PwC Tax Summaries BE [https://taxsummaries.pwc.com/belgium/individual/taxes-on-personal-income]; GPG costs [https://www.globalpropertyguide.com/europe/belgium/taxes-and-costs]. Snapshot: 2026-10-15.
Related markets: Brussels