Real Estate in Leuven, Belgium
Last updated on Oct 15, 2024
Summary: People living in Leuven, Belgium offer advice about real estate. How do you find a home in Leuven? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Leuven?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Leuven, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a single room in a shared apartment to a family-sized house. Next, you should research the different neighborhoods in Leuven to find one that suits your lifestyle and needs. Some popular areas include the city center, Kessel-Lo, and Heverlee. Each has its own unique character and amenities. 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 rentals in Leuven. Websites like Immoweb, Zimmo, and Realo are popular choices. These sites allow you to filter results based on your preferences, such as price range, number of bedrooms, and location. In addition to online listings, you might also consider working with a real estate agent. They can help you navigate the local market and may have access to listings that aren't publicly advertised. When you find a place you're interested in, contact the landlord or agent to arrange a viewing. This is your opportunity to check the condition of the property and ask any questions you might have. If you're moving to Leuven for study, you might also consider university housing. KU Leuven, for example, offers a range of accommodation options for students. Finally, once you've found a place you like, you'll need to sign a lease agreement. Be sure to read this carefully and understand all the terms before signing. You'll also typically need to pay a deposit, which is usually equivalent to one or two months' rent. Remember, finding the right place can take time, so it's a good idea to start your search well in advance of your move," said one expat in Leuven.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What is a typical expat home or apartment like in Leuven?
"A typical expat home or apartment in Leuven, is often located in the city center or in the suburbs, depending on the individual's preference for city life or a quieter environment. These homes are usually modern and well-maintained, with a blend of contemporary and traditional Belgian architecture. They often feature high ceilings, large windows that let in plenty of natural light, and hardwood floors. The apartments are usually fully furnished, with a comfortable living area, a well-equipped kitchen, and one or more bedrooms. Some may also have a small balcony or terrace. The homes often come with modern amenities such as central heating, Wi-Fi, and sometimes even a dishwasher or washing machine. In terms of decor, many expats choose to add their own personal touch, but the overall style tends to be minimalist and functional, with a focus on comfort and practicality. The homes are usually located within walking distance of local amenities such as shops, restaurants, and public transportation, making it easy for expats to get around and explore the city. Despite being in a foreign country, these homes often provide a cozy and welcoming environment, making it easy for expats to settle in and feel at home in Leuven," said one person in Leuven.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Leuven?
If you are thinking about moving to Leuven, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Leuven can vary greatly depending on the type and location of the property. For instance, the cost of renting a one-bedroom apartment in the city center may be around €700 to €900 per month, while the same type of apartment outside the city center may cost around €600 to €800 per month. If you're looking to buy property, the average price for a house in Leuven can be around €350,000 to €400,000. However, these prices can fluctuate based on market conditions and other factors," explained one person living in Leuven, Belgium.
Should I buy or rent a home in Leuven?
If you have not spent a lot of time in Leuven, 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 Leuven, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Leuven 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 maintenance expenses. It also requires a long-term commitment, as selling a home can take time and effort. On the other hand, renting a home in Leuven offers more flexibility. It's a good option if you're not sure how long you'll be staying in the city or if you prefer not to deal with the responsibilities of homeownership. Renting can also be more affordable in the short term, as it doesn't require a large upfront investment. However, when you rent, your monthly payments don't contribute to building equity, and you may face annual rent increases. You also have less control over your living situation, as you're subject to the rules and decisions of your landlord. In conclusion, whether you should buy or rent a home in Leuven depends on your financial situation, your long-term plans, and your personal preferences. It's important to carefully consider all these factors before making a decision," said one person in Leuven.
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.
SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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