Woluwe-Saint-Lambert as A location for investment property: Advantages

Woluwe-Saint-Lambert is a fantastic residential commune in Brussels where it is easy to live.

It is therefore interesting for individuals to invest in certain residential properties to let.

This green commune on the outskirts of the city can safely be considered an absolute A location in Brussels.

Discover below the most important information and facts about Woluwe-Saint-Lambert and get inspired!

Woluwe-Saint-Lambert: Brussels commune with a green character

Woluwe-Saint-Lambert is a Brussels commune with a green character, crossed by the famous Boulevard de la Woluwe.

This Boulevard de la Woluwe crosses the municipality from north to south and runs along the Woluwe River, which is a tributary of the Senne.

Woluwe-Saint-Lambert is known for its valley and the various green public spaces for its inhabitants.

Examples are Georges Henri Park, Roodebeek Park and Malou Park.

There is also open-air infrastructure for the residents, which makes outdoor sports easy to do.

In this green valley there is also a section of the well-known Green Walk (in place of the old railway line).

Home to businesses, hospital and university

Along Woluwelaan there are numerous industrial buildings that provide considerable employment.

There are also several supermarkets, as well as the large Woluwe Shopping Centre.

In the eastern part of Woluwe-Saint-Lambert, there are several university buildings and the well-known Saint-Luc University Hospital of the Catholic University of Louvain.

The Faculty of Medicine and some colleges are also located there.

There is also a large sports complex that is geographically adjacent to Woluwe-Saint-Pierre.

Municipality with balance between nature and buildings

The territory of Woluwe-Saint-Lambert is divided into two unequal parts by the Woluwe valley.

In this green valley runs the Boulevard de la Woluwe and the Woluwe River. In the vicinity of the river, one can still find numerous remnants of the past.

Think of an old village centre, beautiful country houses, various farms (such as Hof ter Musschen), windmills (such as the Verbrande Molen next to Hof ter Musschen), water mills (such as the Lindekemalemolen in Malou Park), inns, etc.

Thanks to its fertile agricultural land and good, rich subsoil, Woluwe-Saint-Lambert has in the past grown into a rural municipality with numerous farms and fermettes.

For those in the know: Woluwe-Saint-Lambert is blessed with loamy soils (on slopes and plateaus) that are suitable for growing cereals.

In addition, there were several wetlands in the eastern part of the municipality that stimulated the development of the Woluwe Valley.

Think of wind and water mills, breweries, ponds, parks, livestock and fish ponds).

Attractive residential suburb in Brussels

The urbanisation process that is so typical for areas in and around Brussels, started late in Woluwe-Saint-Lambert.

Indeed, it was only at the end of the 19th century that a number of streets in the pattern of a checkerboard were laid out in the western part of the municipality.

From there, urbanisation continued towards the Tomberg district.

Originally, Woluwe-Saint-Lambert was a municipality with a lot of agricultural land, which gradually gave way to built-up areas.

Nevertheless, Woluwe-Saint-Lambert has managed to maintain a good balance between housing facilities for the growing population on the one hand, and green nature zones on the other.

Woluwe-Saint-Lambert has thus become an attractive, green residential suburb of Brussels.

This municipality is attractive for the thousands of expatriates who work in Brussels.

Thanks to various green areas such as parks with ponds, grassy areas and farmland, an interesting balance has been created between living spaces on the one hand and areas of cultural, natural and historical importance on the other.

Excellent mobility facilities

Woluwe-Saint-Lambert is a municipality with excellent mobility facilities.

This municipality is particularly well covered by public transport through a bus, tram and metro network.

Consequently, it is a magnet for people with a job in or around Brussels.

Thanks to the good connections, one can quickly commute to and from work with Woluwe-Saint-Lambert as the base.

Facts about public transport in Woluwe-Saint-Lambert:

• Very easy metro connection to the rest of Brussels via metro line 1 (east-west connection within the municipality) with no less than 7 metro stations on the territory of Woluwe-Saint-Lambert.
• In the west of the municipality, there are several tram lines to facilitate north-south traffic within the municipality.
• The recently constructed tram line on Woluwelaan between Roodebeek station and the tram museum significantly promotes north-south traffic within the municipality.

As far as traffic jams on the roads are concerned, Woluwe-Saint-Lambert is spared the worst.

But during peak hours, there are certainly traffic jams on the access roads to the E40 (such as on Woluwelaan, Marcel Thirylaan, etc.).

Woluwe-Saint-Lambert for a real estate investment: Offer in the spotlight

Are you interested in investing in residential buy-to-let property in Woluwe-Saint-Lambert?

And would you prefer to hire a professional steward to take care of the rental, management and maintenance of the investment property?

Then the following investment opportunity in Woluwe-Saint-Lambert will probably appeal to you.

Click on the following link to view all details: Investment property in Brussels for sale with a carefree rental formula for passive investors in an absolutely prime location.

The excellent location of this real estate project and the high-quality finish of the residential units ensure that you, as a retail investor, can rest easy!

The steward will be able to maximise your occupancy rate and your rental return without any problems!

Advantages of real estate in Brussels as an investment

Brussels continues to attract a very international buying and renting public.

Tenants living in Brussels (and therefore also in Woluwe-Saint-Lambert) are attracted by the city’s attractive jobs, local culture, vibrant urban life, rich gastronomic offerings and political and economic reputation.

International tenants

In general, the demand for quality residential units for rent and for sale is greater than the supply.

This explains why property prices in Brussels are stable and rising. This also applies to rents.

These factors therefore make a green residential commune in the Brussels periphery such as Woluwe-Saint-Lambert an attractive investment location.

Part of the rental market is made up of expats with a well-paid job in Brussels.

They are attracted to green municipalities such as Woluwe-Saint-Lambert, which also guarantee good connections to the city centre and Brussels Airport.

Investing in Belgium, and specifically in Woluwe-Saint-Lambert with a strong tenant base, can therefore be financially rewarding!

Professional rental agents present

In recent years, the real estate market of Woluwe-Saint-Lambert has seen an increase of foreign tenants.

They are expats who come to settle in this relaxing green suburb because they are developing their professional careers in Brussels.

They rent high-quality residential property in places like Woluwe-Saint-Lambert because it is nice, safe and comfortable to live there.

Given the licensing problems in Brussels and by extension in Woluwe-Saint-Lambert, there is a scarcity on the real estate market.

There is more demand than supply for the niche segment of premium flats with one, two or three bedrooms.

For retail investors who are looking for a profitable but stable-value investment, this obviously offers opportunities.

Fact: Thanks in part to the local market conditions described above, the local property market has shifted up a gear.

This means that there has been intense cooperation between promoters, construction companies, rental agents, stewards, insurers, syndicates and so on.

As a retail investor, you can therefore quite easily call on a local expert to maintain and rent out your buy-to-let property.

Some facts and figures about Woluwe-Saint-Lambert

Here are a few more interesting facts about this investment location par excellence!

• Woluwe-Saint-Lambert is located to the east of Brussels and is bordered by 6 other Brussels communes:
  1. In the north-east, Sint-Stevens-Woluwe (part of Zaventem) is situated,
  2. In the east, Woluwe-Saint-Lambert is bordered by Kraainem,
  3. Through Woluwe-Saint-Pierre in the southeast,
  4. In the southwest by the municipality of Etterbeek,
  5. Through Schaerbeek in the west
  6. Through the municipality of Evere in the northwest
• Area of Woluwe-Saint-Lambert: +/- 750 hectares (+/- 7.5 km²)
• Number of inhabitants: Some 60 000 people live in Woluwe-Saint-Lambert
• In the past, Woluwe-Saint-Lambert was known for its stone and sand quarries, lime kilns and brickyards:
  • There are three different types of rock (Bartonian, Lediaan and Brusselian) in the subsoil of Woluwe-Saint-Lambert, which have been professionally quarried in the past.
  • These local quarries provided the necessary building materials for various construction works in Woluwe-Saint-Lambert. An example of this is the tower of St Lambert’s Church, which was built using locally quarried sandstone. The brickworks were mainly located in the west of the Woluwe-Saint-Lambert area, along Rue Theodore Decuyper and on the Tomberg plateau.
  • At the beginning of the nineteenth century, local stone mining was gradually phased out. It was decided to start something new: sand mining (traces of which can still be found in the relief of Roodebeek Park, for example).
  • Fact: In Woluwe-Saint-Lambert, four lime kilns were also in operation, in which limestone from the Brusselian and sometimes from the Lediaan was processed into lime. The lime produced was used to make the soil more fertile locally and for various building applications.