Real estate: here are the 10 Ardennes municipalities most popular with Flemish people

Real estate: here are the 10 Ardennes municipalities most popular with Flemish people
Real estate: here are the 10 Ardennes municipalities most popular with Flemish people

Three towns in the south of the country particularly attract buyers from the north.

According to the “Ardennes Barometer” published Tuesday by Fednot, the federation of notaries, the municipalities most popular with Flemish property buyers are Rendeux (66.2% of buyers coming from the north of the country), Manhay (37.5%) and Vresse-sur-Semois (37.3%). The top 10 is completed by La Roche-En-Ardenne, Durbuy Houffalize (26.2%), Tellin (26%), Erezée (25.6%), Bièvre (23.5%) and Gedinne (22.1%)

“The phenomenon is not new! The Ardennes is of interest to Flemish buyers looking for a second residence”, according to Fednot who notes a strong disparity in median house prices in the municipalities analyzed. Thus, Manhay, with houses at 267,500 euros, is the most expensive municipality listed ahead of Ciney (245,000 euros), Libin (244,500 euros), Wellin (235,000 euros), Erezée, Nassogne and Marche-en-Famenne (all at 230,000 euros). euros).

The most affordable municipalities

Conversely, Hastière appears to be the most affordable municipality with houses having median prices of 103,000 euros, ahead of Tellin (130,000 euros) and Rendeux (147,500 euros).

Notaries further note that the median price of a house in Ardennes saw a slight increase of 0.7% in 2023 compared to 2022, to 191,250 euros. An increase lower than inflation last year (+2.1%). Over five years, the median price of a house in Ardennes has increased by 27.5% while inflation reached 16.8% between 2018 and 2023.

Regarding sales deeds passed in the “Ardennes” municipalities analyzed, notaries note a drop of 12% in 2023, almost identical to the decline in sales deeds for the whole of Wallonia (-12.1%) but less marked than in Flanders (-16.9%).

real estate Ardennes

-

-

PREV Deep Yellow and Ausenco team up for Namibia’s 4th uranium mine
NEXT Paramount Global co-CEOs outline strategy to shareholders