Valuation Expertise Pricing
The REA team evaluates your properties independently and professionally at the rates listed below:
When Should You Request a Real Estate Valuation?
A real estate valuation is often requested for the following reasons:
- To carry out a succession declaration.
- To prepare a transaction (sale or purchase).
- To obtain real estate financing.
- To divide property during a divorce, inheritance, or donation.
- To manage joint ownership or transfer shares in a real estate investment company (SCI).
- To carry out tax-related procedures.
Why Hire a Real Estate Expert?
The real estate expert, a qualified professional, uses an in-depth market analysis and specific criteria to determine the value of a property, whether it’s its rental or market value. Their experience and knowledge are essential in providing an accurate and reliable estimate.
A valuation report typically includes information such as :
- Land registry details.
- Description of the property and its neighborhood.
- Information on the comfort and quality of the building.
- Factors influencing value (appreciation and depreciation).
- Final estimate.
Is a property valuation required to obtain a loan in Belgium?
Since January 2022, banks are required to conduct a property valuation before granting a mortgage loan. The loan amount is then based on the valuation value, not the sale price.
RATES:
| Report | Unit price excluding VAT |
|---|---|
| Land / Apartment / House < 250 000€ | 250€ (302,50 € VAT) |
| Land / Apartment / House > 250 000€ | 300€ (363,00 € VAT) |
| Income property (max 3 units) / Commercial property / Retail / Warehouse / Hangar | 400€ (484,00 € VAT) |
| Real estate portfolio & Income property (> 3 units) / Building Logistics / Semi-industrial / Industrial |
500€ (605,00 € VAT) |
| Offices (< 1000m²) | 600€ (726,00 € VAT) |
| Other | On estimate |
Note:
The prices above apply to properties with an estimated value, after any potential work, of less than €500,000.
The rates are clearly defined. In case of dispute, only the Courts and Tribunals in the region of the appointed expert are competent.
Two scenarios may arise:
The parties (owner and tenant) agree to jointly appoint a single expert.
or
The parties decide to each hire their own expert.
In the case of a single expert appointment, the prices in the table below apply. Each party will need to pay half of the mentioned amount.
| Type | Apartment (on a single level) | House / Villa / Duplex / Triplex | ||
|---|---|---|---|---|
| Entry | Exit | Entry | Exit | |
| Kot - Studio (< 30m²) | 240€ (198.35 € VTA) | 200€ (165.29 € VTA) | - | - |
| 1 bedroom | 280€ (231.40 € VTA) | 230€ (190.08 € VTA) | 300€ (247.93 € VTA) | 240€ (198.35 € VTA) |
| 2 bedrooms | 330€ (272.73 € VTA) | 260€ (214.88 € VTA) | 360€ (297.52 € VTA) | 280€ (231.40 € VTA) |
| 3 bedrooms | 380€ (314.05 € VTA) | 290€ (239.67 € VTA) | 420€ (347.11 € VTA) | 320€ (264.46 € VTA) |
| 4 bedrooms | 430€ (355.37 € VTA) | 320€ (264.46 € VTA) | 480€ (396.69 € VTA) | 360€ (297.52 € VTA) |
In the case of a mission with a counter-expert, the client who has decided to use our services will be required to pay the amount listed in the table, increased by 30%.
Note:
For high-end properties or specific property inspections (before or after work, industrial sites, etc.), services will be charged on a time-and-materials basis.
Les tarifs sont clairement définis. En cas de contestation, seuls la Cours et les Tribunaux de la région de l'expert mandaté sont compétents.