Renovating Immoveable Property: What Should You Consider Most?

The costs of renovations are going through the roof for many reasons. The energy crisis, the ever-increasing prices for building materials, and the prospective change to the construction landscape (known as the "Building Shift")—that is, the Flemish government's plan to achieve space neutrality (i.e., reduce the daily intake of open space to zero hectares) by 2040—drive us to often choose rebuilding over building (from scratch). There's also an extra incentive to go for a renovation project: bonus payments and subsidies that various government bodies, municipalities, and cities in Belgium grant. And last but not least is of course the various renovation obligations imposed by law. Here is an overview of the regulations that you should bear in mind when renovating your property.