4 reasons to invest in new-build property

Would you like to invest in property? What a great idea!
In this article, we explain the four main advantages of investing in new-build property. However, this is not about finding fault with existing property, which also has many advantages.

Legal protection

When you buy a new-build property, you are protected by the Breyne Law. This law was passed to protect buyers of properties purchased off-plan or while under construction, intended for residential use (as a main residence, second home or rental property) and located in Belgium.
This law provides various protections, which you can find in this article.

Low energy impact

For the past four years, there has been talk of “Passive 2015”. New buildings are required to meet certain standards in terms of building energy performance. This involves choosing the right materials and taking environmental considerations into account. Thanks to this new requirement, energy consumption is much lower, delivering significant financial and environmental benefits.

The possibility of taking action against someone

In the event of a problem, the buyer is covered against hidden defects for one year. They will therefore be able to lodge a complaint against the responsible party if, for example, their window frames do not stay in place. In addition, the Breyne Law provides for a ten-year guarantee, meaning that if there is a problem relating to the building’s stability or watertightness, the developer, builder and architect must take action.

Peace of mind

By investing in new-build property, you can be confident that you will not need to carry out any major works for around fifteen years, which can relieve some of the mental burden. We ventured into new-build property and could not be happier.