Contrary to popular belief, wooden houses are no longer just for mountain holidays. More modern and more aesthetic, they are nowadays used in large cities on one level or on two floors, in traditional or contemporary form: they are today the must for real estate investments.
The advantages of a wooden house
If the wooden house has been more and more trendy in recent years, it is because it has a lot of advantages. It is a modern and original property that will allow you to diversify your heritage.
In addition, with a price of 1,200 to 2,500 euros per m2, it is one of the cheapest houses on the Belgian market. It’s the kind of investment that fits both simple home ownership and rental investment.
Wood is also an ecological material. It has an amazing thermal and acoustic insulation capacity. Not to mention that it is modern and design. Several wood species are offered by artisans for the construction of your property.
How to choose your next investment?
You plan to invest in a wooden house, the best alternative is to opt for construction. The process does not take more time than buying a turnkey property in Belgium. In addition, you will have the opportunity to personalize your property.
But the fact remains that on the Belgian market you can simply find wooden houses for sale. To make your choice, you must not only take into account the budget ceiling that you can afford, but also the surface and the quality of the buildings. Exit goods that still require finishing work or upgrading to standards. Not only are they not practical, because they require you to go through months of work before exploiting them, but they are also risky investments. The estimate of the work can be exorbitant.
Investing in a wooden house: how to convince banks?
A wooden house costs on average between 1,200 and 2,500 euros per m2. Which is precisely equivalent to funding from 120,000 to 250,000 euros per 100 m2. A budget that is not within the reach of everyone. For some investors, it will take the help of banks to get started. And to put the odds on your side, the assistance of an accounting agency in Saint-Gilles or Ixelles in Belgium. Experts can help you simulate offers and find the best banking service available and adapted to your needs and your profile.
According to the accounting agency in Ixelles, Uccle, Forest or Saint-Gilles, banks use a few criteria to assess the chances of getting a loan or not from a borrower.
They take into account the guarantees offered, the proper management of the bank account as well as the absence of banking incidents, but also the borrowing conditions that you wish to have: capital requested, duration of the loan, etc. In other words, simulation is an essential step to increase your chances of success.