Immolytics
Property market

First-time purchase

First property purchase often benefiting from specific tax advantages.

Full definition

A first-time purchase refers to a household's first property purchase, which benefits from tax advantages in all three Belgian regions. In Flanders, the registration rights rate is 3% for the sole own dwelling, with an additional abatement of EUR 93,600.

Related terms

Registration rights

Regional tax due when purchasing real estate in Belgium.

Abatement

Tax reduction on registration rights for first-time buyers.

Mortgage loan

Bank loan secured by a mortgage on the property.

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FAQ

First property purchase often benefiting from specific tax advantages.