Planning to buy a property in Flanders? Then there's some important news you should know! The Flemish Government has announced plans to increase registration duties for the purchase of a sole and primary residence from 2% to 3%, starting on 1 January 2027. This may seem like a small difference, but when buying a home, it can quickly add up to several thousand euros in additional costs. The good news? Buyers who sign their preliminary sales agreement (compromis) before 1 January 2027 may still benefit from the current 2% rate, even if the final notarial deed is signed in 2027.
Since 1 January 2025, the reduced registration duty rate in Flanders has been 2% for buyers purchasing their sole and primary residence, provided they meet the legal requirements. From 1 January 2027, the Flemish Government intends to increase this rate to 3%. Although the increase is only one percentage point, it can have a significant impact on your overall property budget. A practical example: You purchase a property for €350,000.
That's €3,500 you could otherwise spend on furnishing, renovating or improving your new home.
Perhaps the most important point for prospective buyers is that, according to the current position of the Flemish Tax Administration (VLABEL), the date on which the private sales agreement, commonly known as the compromis, is concluded determines which registration duty rate applies. What does this mean in practice? If you sign your sales agreement by 31 December 2026, you may still qualify for the 2% registration duty rate, even if the final notarial deed is signed in 2027. If the sales agreement is concluded on or after 1 January 2027, the new 3% rate would apply. Please note: This principle applies to a standard private sales agreement. Different rules apply to a mutual purchase and sale promise, where the date of the notarial deed is generally decisive. Buyers must also meet all the legal conditions to qualify for the reduced rate.
This announced change is not only important for buyers. For homeowners considering selling their property, timing could also play an important role. Prospective buyers hoping to benefit from the current 2% rate may be more motivated to finalise their purchase before the end of 2026. Thinking about selling your property? This could be an interesting time to turn your plans into action. An accurate property valuation, attractive presentation and well-planned sales strategy remain essential for a successful sale.
At Albert Immo, we understand that buying or selling a property is one of life's most important decisions. Thanks to our network of locally established real estate offices across Flanders, we combine in-depth local market knowledge with a personal approach. Whether you're searching for your first home or considering selling your property, our experienced real estate professionals are here to guide you every step of the way. Thinking about selling? Discover what your property is worth today! Request a free, no-obligation property valuation from Albert Immo and explore your opportunities with our local real estate experts. 0468 245 245 www.albert.immo Albert Immo – Feel at Home with Albert.