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Very strong restart of housing sales on Belgian coast



After being stopped for almost two months, according to figures communicated by notaries, the resumption of real estate transactions for the sale of housing on the coast has reached pre-COVID levels, and is even picking up speed. This is particularly true for Ostend, where the construction of new housing has never been so substantial. And also for Knokke, especially for luxury real estate with selling prices exceeding 2 million Euros. Towns such as Oostduinkerke, Koksijde and, inland, Kortrijk are also doing very well.

Where the rental market is concerned, the summer will of course see full occupancy, but it would currently be very risky to make forecasts about evolution following the holiday period.
Tim Harrup
27-06-2020
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