Property market
Property developer
Professional who designs, finances, and executes property construction or renovation projects.
Full definition
A property developer initiates and coordinates a construction or major renovation project. They buy the land, obtain planning permits, finance the project, engage architects and contractors, and market the lots. The Breyne Act protects buyers by imposing financial guarantees on the developer.
Related terms
Building permit
Administrative authorization required to build, renovate, or change the use of a property.
Urban planning
Set of rules governing land use planning, construction, and soil designation in Belgium.
Property valuation
Professional estimate of a property's market value by an accredited expert.
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FAQ
Professional who designs, finances, and executes property construction or renovation projects.