Investment success depends on your ability to identify opportunities when others see them as a mere marginal idea. This applies to all economic areas including real estate investments. This means that if you are looking for prosperity, you have to sniff out new leads and buy while prices are at their lowest.
Do you want to be one step ahead of others? Invest in real estate in Liège. Our local experts say that prices in Liège, the centre of Wallonia, known as the cultural and commercial centre of French-speaking Belgium, have remained relatively low for more than 10 years. Today, an unprecedented rise has become tangible, encouraging investment in real estate. Here are the 6 main reasons why you have everything to gain by buying property in the city of Liège:
1. Stable prices followed by a spectacular increase
The Cité Ardente, still carrying this medieval nomenclature, has established itself as the best-known business area of Wallonia. Shopping centres have blossomed in recent years in every corner of the city. Contemporary architecture, even futuristic, reflects increased attention for the modernization of Liège while retaining a Mesolithic and Neolithic touch peculiar to its history. This is how the city was reborn from the ashes to become the third-largest city in Belgium, just after Brussels and Antwerp. Liège has become a shopping paradise in a typical and unique setting. Infrastructure development has attracted many real estate investors who have seen the great potential of this city especially following the significant rise in prices.
2. The ease of access to the city of Liège
It goes without saying that the most popular cities for real estate investors are those with the necessary infrastructure to access by land, rail and air. Accessibility, therefore, appears to be the most relevant factor for selling houses, apartments, villas and hotels.
It can not be denied that Liège has always been, right from the beginning, a city with excellent accessibility. Many investors chose this city to buy real estate that they decide to sell or rent later. Today, these investments are even more profitable, especially with the large number of high-speed trains at the new station.
In addition, with the large port and a recent tram line, 130,000 Chinese visitors are expected and 300,000 in total each year. Not to mention Liège Airport, which has become Europe's seventh-largest in the field of air freight transport. The multiplication and modernization of the means of transport thus bringing an added value to the city that the big investors would be foolish to miss out on.
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3. The growth of freight transport
Did you know that Liège also has the 3rd largest river port in Europe? With the Meuse and the 100-metres high Citadel, which make it famous, the city has also managed to make a name for itself in the world of maritime transport including the port that connects to Antwerp through the Albert Canal. The ease of transporting goods has given Liège industry a significant boost, especially as this growing sector also serves the country's ecological interests.
Indeed, sea freight has been able to reduce traffic congestion and consequently pollution: a strong plus point for those interested in the environment! Liège is now an international hub attracting professionals from all over the world, who obviously stay in hotels and apartments and use the city's amenities.
4. European investments
Although Belgium has invested heavily in developing the city of Liège and encouraging real estate investments, Europe has also made an important contribution by focusing on its strategic location, which benefits the European transport network. More than 16 million euros have been granted to carry out projects in the Flemish region, notably for the extension of the Albert Canal.
5. The implantation of multinationals
Liège now attracts multinationals who have seen the potential of this city before others. ArcelorMittal, the largest steel producer in the world, has installed its new port to produce an advanced and innovative version of fortified steel - a material that has hugely important to the automotive industry.
The initiative of this multinational has encouraged others to do the same. The craze is such that hotels are now struggling to meet demand, especially with the rapid growth of business tourism. That's why we started the project to build a new hotel in the historic centre of Liège in collaboration with the hotel giant Radisson. Click here to find out more.
6. The cultural wealth of the city
A true city of culture, Liège offers many activities to suit all tastes. You can go to the beautiful opera, which was completely renovated in 2012. There is also the Museum of the Great Curtius for lovers of Mosan art, weapons and religious art. A few feet underground is the famous Archéoforum, which still bears the traces of a civilization older than 9000 years. One thing is certain: in Liège, there is no shortage of sites and cultural activities. It's clear that investing in the hotel industry has never been more relevant!
So? Are you ready to invest in a city with multiple opportunities, such as Liège? Discover our properties during your visit to our agency Engel & Völkers, located in the city centre of Liège:
St. Paul Street 6b | 4000 Liège
Phone + 32 4 270 34 14
Contact us now
Engel & Völkers
Licence Partner Brugge
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Noordzandstraat 168000 Brugge BelgiumBIV/IPI 508488 - BE 0502.345.083
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Phone +32 (0)50 61 66 30
We know the true value of your property
Do you know how much your property is currently worth? No matter if you just want to inform yourself about the current market-price, or if you wish to sell your property for the best price: our experienced marketing experts are happy to assist you with a free and non-binding valuation.