Stamp duties reduced for the first single house reduced in Flanderss

Placed at 04/10/2021
House for sale in Ypres

House for sale in YpresHouse for sale in Ypres

The Flemish government has announced that the registration tax will be reduced when purchasing a first single home. When purchasing the only owner-owned home, when the deed of purchase is past from 1 January 2022, 3 percent instead of 6 percent registration tax is due. This means that a sales agreement that is now concluded can already fall under the new regulation. In the event of a major energy renovation or demolition and reconstruction, you only pay 1% instead of 5% registration tax. The additional reduction of rights for homes below the limit of 220000€ (240000€ for the center-cities) will be halved from 5600€ to 2800€.