Buying and Living in Brussels: The Heart of Europe and a Dynamic International Hub

Brussels, the capital of Belgium and the European Union, is one of Europe’s most cosmopolitan cities, offering a unique blend of historical charm, modern amenities, and a vibrant multicultural atmosphere. As the political and administrative center of Europe, Brussels is home to numerous international institutions, multinational corporations, and a diverse expat community. This makes it an increasingly attractive destination for people looking to buy property and establish a life in one of the continent's most dynamic cities.

Whether you're drawn to Brussels for its global significance, its cultural offerings, or its proximity to other European capitals, the city and its surroundings offer a wide range of living options. From the historic and cultural heart of the city to more tranquil residential areas in the suburbs, Brussels provides something for everyone, from young professionals and families to retirees seeking a high quality of life in the heart of Europe.

The Appeal of Living in Brussels
Brussels is a city of contrasts, where historic buildings stand alongside modern architecture, and traditional Belgian culture meets a truly international community. As the capital of the European Union, Brussels is home to many of Europe’s most important institutions, including the European Commission, the European Parliament, and the European Council. This has led to a constant influx of diplomats, civil servants, and international professionals, creating a cosmopolitan atmosphere that is reflected in the city’s diverse neighborhoods, cuisine, and cultural events.

Brussels offers a high standard of living, with excellent healthcare, education, and public transport. The city is well-known for its green spaces, including the expansive Cinquantenaire Park and Brussels Park, where residents can relax and enjoy outdoor activities. For those interested in history and culture, Brussels is home to iconic landmarks like the Grand Place, the Atomium, and the Royal Palace, as well as a wealth of museums and art galleries. The city is also famous for its cuisine, particularly its chocolate, beer, and waffles.

In addition to its cultural and historical offerings, Brussels has become a hub for international business and innovation. The city’s central location, efficient transport links, and business-friendly environment make it an attractive destination for companies, particularly in the sectors of finance, technology, and international trade. It is also a city that promotes sustainability, with increasing emphasis on eco-friendly transportation, green energy, and smart city initiatives.

Living in Brussels: City Life vs. the Suburbs
Brussels offers a variety of living options, depending on whether you prefer an urban lifestyle or a more residential, suburban experience. The city is divided into 19 communes, each with its own distinct personality, from the bustling city center to the quiet, green neighborhoods on the outskirts.

Key Areas in Brussels
Brussels City Center: The city center is where the heart of Brussels beats, with a wealth of historic buildings, shopping streets, and cultural attractions. The Grand Place, the city’s central square, is surrounded by ornate guildhalls, cafés, and shops, making it a popular destination for tourists and residents alike. The nearby Mont des Arts district is home to many of Brussels' top museums, including the Royal Museums of Fine Arts and the Magritte Museum. Living in the city center offers the benefit of being close to everything, but property prices are higher compared to other parts of the city, with an average of €3,500 to €5,000 per square meter for apartments in desirable areas.
Ixelles and Saint-Gilles: These two neighborhoods are among the most popular for young professionals and expats. Ixelles is known for its multicultural atmosphere, vibrant nightlife, and proximity to universities, while Saint-Gilles offers a more bohemian vibe with charming Art Nouveau architecture and a lively cultural scene. Both neighborhoods offer a range of housing options, from trendy apartments to townhouses. Property prices in these areas are more affordable compared to the city center, with prices typically ranging from €2,500 to €4,000 per square meter.
Leopold Quarter and European District: The Leopold Quarter, located in the heart of the European District, is where many EU institutions are based. It is a quiet, residential area with elegant townhouses and apartment buildings. The European Quarter is home to the European Parliament, making it a hub for political professionals. While the area is very international, it is also quiet and green, with parks like Parc Leopold and Parc du Cinquantenaire. Property prices in the European District can be higher, ranging from €3,500 to €6,000 per square meter for central locations.
Uccle and Woluwe-Saint-Pierre: For those looking for a quieter, more residential experience, the neighborhoods of Uccle and Woluwe-Saint-Pierre offer more space and a suburban feel. Both areas are known for their large houses, green spaces, and family-friendly atmosphere. Uccle, in particular, has a mix of wooded areas, parks, and luxury homes, making it a sought-after area for families. Property prices in these suburbs range from €3,000 to €5,500 per square meter, depending on the size and location of the property.

Surrounding Areas: Suburban Tranquility with City Access
For those who enjoy the tranquility of suburban living but still want easy access to Brussels' city center, several nearby towns and neighborhoods offer a more relaxed lifestyle.

Tervuren: Located just outside Brussels, Tervuren is known for its large villas, green spaces, and proximity to Tervuren Park, one of the largest and most beautiful parks in the region. The town is an attractive option for families and expats, particularly those working in the European institutions, as it is a short drive from Brussels. Property prices in Tervuren typically range from €4,000 to €6,500 per square meter.
Watermael-Boitsfort: Situated to the south of Brussels, Watermael-Boitsfort offers a mix of urban and suburban living. This residential area is known for its leafy streets, large homes, and proximity to Bois de la Cambre, a large public park popular for outdoor activities. Property prices in Watermael-Boitsfort are generally between €3,500 to €5,500 per square meter.
Asse: For those willing to live a bit further out, the town of Asse, located to the northwest of Brussels, offers more affordable housing options. Known for its family-friendly atmosphere and good transport links to the city center, Asse is ideal for those who want a quieter, more rural lifestyle while still having access to the amenities of Brussels. Property prices in Asse tend to be more affordable, ranging from €2,500 to €3,500 per square meter.

Buying Property in Brussels
The process of buying property in Brussels is relatively straightforward, and foreign buyers are welcome to purchase property in Belgium without restrictions. However, there are a few legal considerations to take into account before making a purchase.

Costs and Taxes
In addition to the property price, buyers will need to budget for various costs, including notary fees, registration taxes, and real estate agent fees. The registration tax in Brussels is typically 12.5% of the purchase price for existing properties, or 6% for first-time buyers. Additional costs such as notary fees, which typically amount to 2% to 4% of the property price, should also be considered.

Belgium also has annual property taxes, which are based on the assessed value of the property. These taxes are generally lower than in many other European countries but should still be factored into the cost of ownership.

Financing and Mortgages
Mortgage rates in Belgium are competitive, with many banks offering loans for up to 80% to 90% of the property value. Interest rates can vary, but they are generally lower than in other European countries, making it relatively affordable to finance a property purchase. Non-residents can also access mortgages in Belgium, although the lending process may be slightly more complicated, and banks may require higher deposits.

Transportation and Connectivity
Brussels benefits from an extensive public transport network, including trams, buses, and metros, all of which are operated by STIB/MIVB. The city is well connected to the wider region, with the Brussels-Midi station serving as a major railway hub for trains traveling to cities across Belgium and Europe.

The Brussels Airport, located just outside the city center, offers flights to destinations around the world, making it a convenient option for international travel.

Conclusion
Brussels offers an ideal living environment for those seeking to live in the heart of Europe. Whether you are drawn to the bustling city center with its historic landmarks and international institutions or prefer the quieter suburbs with more green space and residential properties, the city and its surrounding areas offer a wide range of living options. With its high standard of living, excellent connectivity, and vibrant cultural scene, Brussels is an attractive destination for property buyers from all over the world, making it an ideal place to call home in Europe.