Why invest in property in Philippeville?
Philippeville, a municipality in Namur in Wallonia, deserves thorough analysis for investors. With an investment score of 56/100 and 36 transactions over the past 12 months, the local market offers specific opportunities.
The median house price is EUR 165,934 and the median apartment price is EUR 105,298. See price trends on property prices in Philippeville.
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: 19.7%
Use our notary fees calculator and rental yield calculator.
Investment profile of Philippeville
- Overall score: 46/100
- Investment score: 56/100
- Population growth (5 years): 2.5%
- Median income: EUR 27,638
- Active businesses: 872
The energy challenge: an opportunity?
With 43.4% of homes rated F or G, purchasing and renovating a poorly rated property can generate significant capital appreciation. Visit EPC in Philippeville.
Market dynamics
Transaction volume is a key indicator of market liquidity. In Philippeville, 36 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 2.5% 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 Philippeville depends on its demographic composition. The 18-34 age group represents 18.4 % of the population. The foreign population represents 3.9 % of residents.
Risk assessment
Every investment carries risks that should be carefully evaluated. 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
- Beauraing — House: EUR 210,842, Investment score: 60/100
- La Bruyere — House: EUR 235,726, Investment score: 48/100
- Yvoir — House: EUR 163,515, Investment score: 61/100
- Fosses-la-Ville — House: EUR 181,683, Investment score: 60/100
- Sambreville — House: EUR 139,323, Investment score: 63/100
What rental yield can you expect in Philippeville?
Yields depend on property type and EPC status. Use our yield calculator for a personalised estimate.
What are the acquisition costs in Philippeville?
Expect 12.5% registration fees plus 2-3% in notary fees.
Is the Philippeville market dynamic?
With 36 transactions over 12 months, the market remains modest in size.
Should you renovate before renting in Philippeville?
Energy renovation improves the EPC rating and the property's value. Wallonia offers attractive renovation subsidies. Estimate costs with our renovation cost estimator.