What is Property division?

Investment

Property division

Operation of dividing a property into several distinct units.

Full definition

Property division involves transforming a single property (large house, commercial building) into multiple independent units (apartments, studios). In Belgium, this requires a building permit and compliance with regional standards.

Related terms

Building permit

Administrative authorization required to build, renovate, or change the use of a property.

Co-ownership

Legal regime applicable to buildings divided into private and common parts.

Gross yield

Ratio between annual rental income and total purchase price, before deducting charges.

Useful links

Property prices Notary fees Estimation

FAQ

Operation of dividing a property into several distinct units.