Second homes on the coast no longer sell so quickly

Alex Dewulf, real estate agent: “The past corona years were unexpected peak years for real estate on the coast. People were obliged to go on holiday in their own country. An abundance of cash and a lack of other investment opportunities have ensured that very many people have a holiday accommodation. bought on the coast.”

But since June, prospective buyers have been putting the brakes on. This is partly due to higher prices for apartments and houses, higher interest rates and the rise in energy prices. Still, the real estate sector is optimistic. Climate change with extreme temperatures in the south of Europe and also warmer weather in our area creates new opportunities. “We think that the northern part of Western Europe, the North Sea coast and the axis between Brittany and Zeeland may well become the favorite holiday destination for many people in the summer, more than the south of Europe. This offers opportunities to Knokke, for example, who which is as the luxury seaside resort. There will also be a place for that in the future.”