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Belgium: Brussels is a Grand Place for Property Investment

August 3rd, 2007 by Ines

Writing the day after the biggest fall in the stock market since the outbreak of the Second Gulf War, a fall that’s related to property investment problems in the US, it’s reassuring to be looking at one real estate market that’s heavily influenced by the pay packets of civil servants.

For some time there has been speculation that the big enlargement of the EU in 2004 and the addition of Bulgaria and Romania at the beginning of 2007 will lead firstly to a big increase in EU bureaucrats and lobbyists from the new member states of Eastern Europe and that this influx would impart new vigour to the Brussels residential market, particularly in the European Union quarter.

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