Why invest in property in Honnelles?
Honnelles, a municipality in Hainaut in Wallonia, deserves thorough analysis for investors. With an investment score of 40/100 and 16 transactions over the past 12 months, the local market offers specific opportunities.
The median house price is EUR 238,216 and the median apartment price is EUR 158,206. See price trends on property prices in Honnelles.
Investment taxation
Registration fees in Wallonia amount to 12.5% of the purchase price. Net yield must account for:
- Registration fees (12.5%)
- Notary fees (~2-3%)
- Annual property tax
- Municipal tax pressure: 21.8%
Use our notary fees calculator and rental yield calculator.
Investment profile of Honnelles
- Overall score: 46/100
- Investment score: 40/100
- Population growth (5 years): 0.3%
- Median income: EUR 29,624
- Active businesses: 432
The energy challenge: an opportunity?
With 60.3% of homes rated F or G, purchasing and renovating a poorly rated property can generate significant capital appreciation. Visit EPC in Honnelles.
Market dynamics
Transaction volume is a key indicator of market liquidity. In Honnelles, 16 transactions were recorded over the past 12 months. A more modest volume may mean longer resale timelines, but also less competition when buying. Population growth of 0.3% over 5 years supports demand and exerts upward pressure on prices. Use our renovation cost estimator to evaluate value-add opportunities.
Rental market potential
The rental potential of Honnelles depends on its demographic composition. The 18-34 age group represents 18.4 % of the population. The foreign population represents 5.7 % of residents.
Risk assessment
Every investment carries risks that should be carefully evaluated. The high proportion of energy-inefficient homes (F-G) implies future renovation obligations that will increase costs. Registration fees of 12.5% in Wallonia represent a significant upfront cost. Diversify your portfolio and consult a professional before any major investment.
Comparison with neighboring municipalities
- Momignies — House: EUR 198,504, Investment score: 36/100
- Rumes — House: EUR 187,698, Investment score: 54/100
- Sivry-Rance — House: EUR 215,207, Investment score: 40/100
- Lens — House: EUR 219,974, Investment score: 48/100
- Lobbes — House: EUR 146,059, Investment score: 48/100
What rental yield can you expect in Honnelles?
Yields depend on property type and EPC status. Use our yield calculator for a personalised estimate.
What are the acquisition costs in Honnelles?
Expect 12.5% registration fees plus 2-3% in notary fees.
Is the Honnelles market dynamic?
With 16 transactions over 12 months, the market remains modest in size.
Should you renovate before renting in Honnelles?
Energy renovation improves the EPC rating and the property's value. Wallonia offers attractive renovation subsidies. Estimate costs with our renovation cost estimator.