Buying a fixer-upper in Brussels: tax benefits you need to know

Buying a renovation property in Brussels can be highly profitable thanks to a €200,000 registration duty abatement, reduced VAT on works and renovation grants. Here is how to optimise your purchase.

Why buying a fixer-upper is a winning strategy in Brussels

Renovation properties in Brussels are often sold at a 15–25% discount compared to equivalent move-in-ready homes. Combined with available tax incentives, this discount can translate into an exceptional financial opportunity.

The €200,000 registration duty abatement

In the Brussels Capital Region, when buying your sole and principal residence, you benefit from a €200,000 abatement on the registration duty base (12.5%). On a €350,000 home, you only pay duty on €150,000 — saving €25,000. Maximum property value: €600,000; you must establish domicile within 3 years.

Reduced 6% VAT on renovation works

Renovation works on a dwelling more than 10 years old qualify for a reduced VAT rate of 6% instead of 21%. On a €80,000 renovation budget, this means a saving of €12,000 in VAT alone.

Hidden costs to budget for

Notary fees: 1–2% of purchase price.
Architect fees: 8–12% of renovation budget for structural changes.
Planning permit: required if facade or structure is modified; allow 60–120 days.
Contingency reserve: 10–15% of budget (asbestos, structural damp, electrical compliance).

Rénolution grants

Insulation, windows, heating: up to 70% of costs. Zero-interest Écopack loan up to €100,000.

Our practical advice

At Immo Sharma, we strongly recommend having an independent technical inspection before signing the preliminary agreement, and running a full tax simulation to validate the project's profitability. Contact us to be guided through the process.