Is 2025 the best time to buy a renovation property?
Is 2025 the best time to buy a renovation property?
The Flemish renovation obligation has been relaxed, making it more attractive for buyers to purchase less energy-efficient homes. This new regulation creates opportunities for those looking to invest smartly in real estate and increase a property's value through energy-efficient renovations.
What does the relaxed renovation obligation entail?
The renovation obligation, targeting homes with an EPC label of E or F, has recently been relaxed. Previously, it was required to renovate a property to at least EPC label C within 5 years. Now, a renovation to EPC label D within 6 years is sufficient. This provides extra flexibility for buyers planning renovations.
Why is 2025 the best time to buy a renovation property?
1. Relaxed renovation obligation
As of January 1, 2025, the renovation period has been extended from 5 years to 6 years, allowing more time to carry out the necessary work.
2. Reduced registration fees
In Flanders, as of 2025, registration fees have dropped from 3% to 2%. This means significant savings when purchasing a property. In Wallonia, the registration fees for a family home have even been reduced from 12.5% to 3%.
3. Subsidies and grants
Various subsidies and grants make renovation financially more attractive. These include grants for insulation, solar panels, and other sustainable installations. These benefits can save thousands of euros in renovation costs.
4. Lower purchase price
Properties with a low EPC value are generally cheaper to purchase. Combined with grants and lower registration fees, this can make the total investment, including renovations, more appealing.
An example
Imagine purchasing a renovation property for €200,000 and investing €50,000 in renovations. With the reduced registration fees, you save €2,000 on the purchase. Because the property has a lower EPC value, you pay less than for a property that is already energy-efficient.
For the renovation, you could save up to €10,000 through subsidies and grants. The relaxed renovation obligation gives you more time to plan and carry out the work thoroughly. After renovation, the property's value rises to €280,000, while your energy costs decrease significantly. This makes the investment not only financially attractive but also sustainable.
Our unique approach
At Kasper & Kent, we combine expertise with innovative digital tools to support you in both buying and selling a renovation property. Our unique digital approach helps you find the right property and maximize its value. Whether you are buying, selling, or renovating – we are here to support you with advice and action.
Contact us
Would you like to know which renovation properties are currently available? Or would you like non-binding advice on the possibilities? Contact us today. Together, we build your dream home and a sustainable future.