Real Estate in Ghent, Belgium
Last updated on Aug 02, 2024
Summary: People living in Ghent, Belgium offer advice about real estate. How do you find a home in Ghent? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Ghent?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Ghent, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a studio apartment to a larger family home. Next, you should research the different neighborhoods in Ghent to find one that suits your lifestyle and needs. Some popular areas include the city center, Sint-Amandsberg, and Gentbrugge. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for rental properties in Ghent. Websites like Immoweb, Zimmo, and Realo are popular choices. You can also consider hiring a real estate agent to help with your search. They can provide valuable local knowledge and help negotiate rental agreements. When you find a property you're interested in, contact the landlord or real estate agent to arrange a viewing. It's important to view the property in person to check its condition and ask any questions you may have. If you decide to proceed with a property, you'll need to sign a rental agreement. This will outline the terms of your tenancy, including the rent, deposit, and any other conditions. Make sure you read this carefully before signing. Finally, once the agreement is signed and the deposit is paid, you can move into your new home in Ghent. Remember to register your new address with the local municipality. This is a legal requirement in Belgium and is necessary for things like healthcare and voting," explained one person living in Ghent, Belgium.
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What is a typical expat home or apartment like in Ghent?
"A typical expat home or apartment in Ghent, is often located in the city center or in the suburbs, depending on personal preference. These homes are usually modern and well-maintained, with a blend of traditional Belgian architecture and contemporary design. They often feature high ceilings, large windows, and hardwood floors. The apartments are usually fully furnished, with a fully equipped kitchen, a comfortable living room, one or more bedrooms, and a bathroom. Some apartments may also have a small balcony or terrace. In terms of amenities, most expat homes in Ghent come with heating, Wi-Fi, and sometimes even a washing machine and dryer. They are often located within walking distance of shops, restaurants, and public transportation, making it convenient for expats to get around the city. For those who prefer a quieter environment, there are also homes available in the suburbs of Ghent. These homes are usually larger, with a garden or backyard, and offer a more relaxed and peaceful living environment. They are often located close to local schools, making them ideal for expat families. Regardless of the location, expat homes in Ghent are known for their comfort and convenience, providing a welcoming and homely environment for expats living in Belgium," explained one expat living in Ghent, Belgium.
What is the average cost of housing in Ghent?
If you are thinking about moving to Ghent, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Ghent can vary greatly depending on the type and location of the property. For instance, the price for a one-bedroom apartment in the city center may be around €700 to €900 per month, while the same kind of apartment outside the city center could cost approximately €600 to €800 per month. If you're looking to buy property, the average price for an apartment in Ghent is around €250,000 to €300,000. However, these prices can fluctuate based on market conditions and other factors," remarked one foreigner who made the move to Ghent.
Should I buy or rent a home in Ghent?
If you have not spent a lot of time in Ghent, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Ghent, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Ghent for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide financial security in the future. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and potential renovation expenses. It also requires a long-term financial commitment and may not be the best choice if you anticipate a job change or relocation in the near future. On the other hand, renting a home in Ghent offers more flexibility. It's a good option if you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership, such as maintenance and repairs. Renting can also be more affordable in the short term, as it doesn't require a large upfront investment. However, renting doesn't build equity and rental rates can increase over time. You also have less control over your living situation, as landlords can decide to sell the property or not renew your lease. In conclusion, both buying and renting a home in Ghent have their pros and cons. It's important to carefully consider your financial situation, lifestyle, and future plans before making a decision. Consulting with a real estate professional or financial advisor could also be beneficial," explained one person living in Ghent, Belgium.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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