Real Estate in Hasselt, Belgium
Last updated on Mar 03, 2024
Summary: People living in Hasselt, Belgium offer advice about real estate. How do you find a home in Hasselt? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Hasselt?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Hasselt, 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 start your search online. Websites like Immoweb, Zimmo, and Realo are popular real estate platforms in Belgium where you can find listings for apartments, houses, and rooms for rent in Hasselt. You can filter your search based on your preferences such as location, price, size, and type of property. Another good resource is local newspapers and their online versions. They often have a section dedicated to property listings. Social media can also be a useful tool. There are Facebook groups such as "Expats in Hasselt" or "Housing in Hasselt" where people often post available rooms or apartments. If you're a student, you can check with your university's housing office. They often have resources to help students find housing, and they may have listings for rooms or apartments for rent. You can also consider hiring a real estate agent. They can help you navigate the housing market, arrange viewings, and handle negotiations with landlords. Once you've found a place you're interested in, you should arrange a viewing. This will give you a chance to see the property in person, check its condition, and ask any questions you might have. Finally, if you decide to rent a property, you'll need to sign a lease agreement. Make sure to read it carefully and understand all the terms before signing. It's also a good idea to have a lawyer or a knowledgeable person review it. Remember, finding a place to live can take time, so it's a good idea to start your search well in advance of when you plan to move," explained one expat living in Hasselt, Belgium.
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What is a typical expat home or apartment like in Hasselt?
"A typical expat home or apartment in Hasselt, 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 traditional Belgian architecture and contemporary design. They often feature spacious living areas, fully equipped kitchens, and one to three bedrooms. Some apartments may also come with a balcony or a small garden. The homes are usually furnished, but there are also options for unfurnished homes for those who prefer to bring or buy their own furniture. They are equipped with modern amenities such as heating, air conditioning, Wi-Fi, and sometimes even a dishwasher or washing machine. The buildings often have a communal area, such as a garden or a rooftop terrace, where residents can relax and socialize. Some upscale apartments may also have additional facilities like a gym, a swimming pool, or a private parking space. The location of these homes often provides easy access to public transportation, making it convenient for expats to commute to work or explore other parts of Belgium. They are also typically close to local amenities such as supermarkets, restaurants, schools, and parks. Despite being in a foreign country, expats in Hasselt can enjoy a comfortable and convenient lifestyle, with homes that cater to their needs and preferences," said one expat in Hasselt.
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What is the average cost of housing in Hasselt?
If you are thinking about moving to Hasselt, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Hasselt can vary greatly depending on the type and size of the property. For instance, the price for a one-bedroom apartment in the city center may be around €700 per month, while a three-bedroom apartment in the same area could cost around €1,200 per month. If you're looking to buy property, the average price per square meter in the city center is approximately €2,750. However, these prices can fluctuate based on market conditions and other factors," remarked one member in Hasselt.
Should I buy or rent a home in Hasselt?
If you have not spent a lot of time in Hasselt, 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 Hasselt, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Hasselt for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial security in the future. However, buying a home also comes with additional costs such as maintenance, insurance, and property taxes. It also requires a significant upfront investment for the down payment and closing costs. Therefore, if you're not financially ready for these expenses, renting might be a better option. Renting a home in Hasselt 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. Renting can also be more affordable in the short term, as it typically requires a smaller upfront investment than buying. However, when you rent, your monthly payments do not contribute to building equity. You also have less control over your living space, as you cannot make significant changes without the landlord's permission. In conclusion, whether you should buy or rent a home in Hasselt depends on your financial situation, long-term plans, and personal preferences. It's important to carefully consider these factors and possibly consult with a financial advisor before making a decision," remarked one member in Hasselt.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat 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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