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The federal government has decided to reduce the VAT rate for new houses and apartments to 6% instead of the current 21% as of 1 January 2021, if the building project is part of a demolition-reconstruction project and you meet a number of social conditions. The measure is temporary and will run from 1 January 2021 to 31 December 2024.
Residence Castella in Sterrebeek also qualifies for this favourable rate, so good news!
Do you want to take advantage of this reduced rate? Discover the conditions you need to fulfil here or contact one of our property consultants for further information.
Would you like more information? Please contact us via the button below.