How much does property cost in Borgloon in 2025?
Here are the current median prices in Borgloon:
- House: EUR 305,714
- Apartment: EUR 208,907
- Villa: EUR 465,506
- Land: EUR 133,547
- Price per sqm: EUR 2,184
Visit property prices in Borgloon for detailed data.
Steps to buying in Borgloon
1. Define your total budget
Add to the purchase price:
- Registration fees: 3% in Flanders
- Notary fees: approximately 2-3%
- Bank application fees: EUR 300-500
Estimate costs with our notary fees calculator and simulate payments with the mortgage simulator.
2. Obtain a bank agreement
Banks typically require a 10-20% down payment.
3. Choose the right location
Compare Borgloon with neighboring municipalities:
- Ham — House: EUR 331,965
- Alken — House: EUR 273,821
- Kinrooi — House: EUR 279,929
- Meeuwen-Gruitrode — House: EUR 369,536
- Herk-de-Stad — House: EUR 368,984
4. Sign the compromise
The compromise de vente is legally binding. Include a credit suspensive clause.
5. The notarial deed
The authentic deed is signed within 4 months of the compromise.
Typical first-time buyer budget
For a house at the median price:
- Purchase price: EUR 305,714
- Registration fees: ~EUR 9,171 (3%)
- Notary fees: ~EUR 7,643
- Total budget: ~EUR 322,528
- Recommended deposit: ~EUR 45,857 (15%)
Buying advice for Flanders
In Flanders, registration fees of just 3% represent a major fiscal advantage compared to other regions. First-time buyers may qualify for additional reductions under certain conditions. The Flemish market is generally more liquid with shorter sale timelines, favouring buyers who act quickly. Check the current EPC norms if you plan to rent the property later.
Price trends
Strong population growth in Borgloon (+6.2% over 5 years) exerts upward pressure on property prices. Increased housing demand supports medium-term valuations. The high transaction volume (393 over 12 months) confirms the local market's appeal. Track the evolution on our property prices in Borgloon page.
Financing your purchase
Financing a property in Borgloon requires thorough preparation. Belgian banks typically require a down payment of 10-20% of the purchase price, plus additional costs (registration fees of 3% and notary fees). For a house at the median price of EUR 305,714 with a 15% deposit, the estimated monthly repayment is approximately EUR 1,301 over 25 years (indicative rate of 3.5%). Simulate your mortgage on our mortgage simulator.
Is now a good time to buy in Borgloon?
Borgloon has an overall score of 52/100. Positive population growth (+6.2%) supports demand.
Can you negotiate prices?
A 5-10% negotiation margin is common, especially for properties with poor EPC ratings.
What deposit do you need to buy in Borgloon?
Plan for at least 10% of the purchase price as a deposit, plus acquisition costs (3% registration fees and ~2-3% notary fees). A 20% deposit will give you access to the best bank rates.
What support exists for first-time buyers in Flanders?
In Flanders, first-time buyers benefit from reduced registration fees. Check with your notary for the exact conditions.