
© SIP / Claude Piscitelli
The government has decided to keep up the tax conditions regarding buying and renting until July 2025, to further support nursing the property market back to health.
Since the measures impacted the real estate market in a very positive way, and because the government does not want to put an early end to the newly-found momentum, they decided to extend the tax conditions. Prime minister Luc Frieden confirmed the above-mentioned in a press communication following the council of ministers meeting.
It primarily concerns the tax reduction when signing with a solicitor for private accommodation, as well as the investment into sales in future state of completion (VEFA). Besides, the taxes on added value will also be reduced if one buys a property, just like the rate and the duration of accelerated depreciation of rent properties.