Botanic district as a magnet
Demand for luxury real estate is mainly concentrated in the historic heart and around Botanic Sanctuary, with prices ranging from 1 to 2 million euros and above. Buyers are often former villa dwellers from the suburbs who want to live closer to amenities. Projects such as the penthouse in Project Leopold – 290 m², south-facing terrace of 90 m², asking price 2.9 million euros – illustrate the exclusive offering. According to Immpact, there is still room for growth in the higher segment, as evidenced by the 40% higher average annual income in the neighbourhood around Meir and Theaterbuurt.