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Transparency in estate values

Question

Hello,

Is it possible to find out how much a property is sold for. Where can we find this information?

Thanks a lot.

anon

The only people who really know are the buyer, the seller and the notaire(s) who handled the sale. You'd have to ask them. Assuming it is a private sale, (as opposed to an auction) there is no public access to this type of information in Belgium.

Jun 5, 2020 09:02
Oppressed in Oppem

You can't - it's a major downside of the property market in Belgium.

The best you can do is check the ads for similar-sized properties in the area to get a rough idea and have a word with friendly neighbours.

Jun 5, 2020 15:09
Drifter

That's what I thought and knew actually. In Denmark you can see all of these . Even you can see if the buyer paid cash or bought by mortgage. You can see the previous value price also. This country needs such a transparency, too. Thanks for the replies.

Jun 5, 2020 15:16
kasseistamper

I understand perfectly that knowing the selling price of a property can help you assess what a similar property in the same area might be worth.
I don't understand why you, a total stranger, feels that you should have the RIGHT to know how much I sold my house for.
What would you be happy with total strangers knowing about your financial dealings? And, perhaps more relevantly, with family members and close friends having the RIGHT to know?

Jun 6, 2020 11:27
adds

Check zimmo.be
It gives you an indication of property sold in the last 6 to 12 months
Search property type and you will see the estimated price of similar properties

The standard deviation of the price is very high between the properties- but it gives you a rough idea

Jun 8, 2020 09:18
Drifter

Hello!
Thanks for all the replies.

KASSEISTAMPER sees it a personal privacy issue. With all my respect, when you do not have a trust to the system, you want to protect yourself from the tax system and only think personally. I believe, a transparent system will bring fairness to all the citizens and then you will not need to protect yourself from the state.

Jun 9, 2020 11:52
Oppressed in Oppem

Privacy doesn't come into it. Buying a house is as much a public act as a planning application or a will. Civilised (and transparent) societies recognise that and allow access for the general public.

Jun 9, 2020 23:16