Gent Nieuwland binnentuinzicht

From 1 January 2021, new-build houses and apartments will only be subject to 6% instead of 21% VAT, providing the purchasers satisfy certain conditions.

The government has introduced the scheme with the aim of encouraging first-time buyers to purchase their own home. This favourable VAT rate is effective until 31 December 2022 and is applicable to projects that are already underway. ION is pleased to confirm that both Nieuwland (Ghent) and Francar (Deerlijk) currently fall under the 6% VAT scheme!

How does it work?

  1. First and foremost, purchasers must satisfy certain conditions:
  • You must purchase the house or apartment privately for example, and not via a company.
  • Once the building works are complete, the house or apartment must become your place of domicile without delay.
  • The property must also qualify as your principal private and only home, although there are a number of exceptions with regard to inheritance and the quick sale of the current family home.
  • Lastly, you must continue to satisfy all these conditions for 5 years.
  1. The project that house or apartment forms part of must also satisfy a number of conditions:
  • The scheme exclusively applies to construction projects that combine the demolition of one or more buildings and the reconstruction of one or more houses or an apartment building.
  • The environmental permit application must be submitted in the period from 1 October 2018 to 31 December 2022.
  • The home’s total habitable area must not exceed 200m2.​​​​​​​
  1. Providing the aforementioned conditions are met, you are entitled to receive invoices for completed works (due between 1/01/21 and 31/12/22) at the reduced VAT rate of 6%.

​​​​​​​Both Nieuwland and Francar fall under this temporary 6% VAT scheme. Discover the houses and apartments available in Francar (Deerlijk) and Nieuwland (Ghent)!

Francar family homes: modern properties with private gardens

Francar
  • Practical homes for modern families, with high attention to detail
  • Private gardens afford a good degree of privacy
  • Situated in a child-friendly environment
  • Optional attic room with window; ideal as an extra bedroom or playroom

More info available at www.francar-deerlijk.be.

Francar blog

Francar apartments: bright homes with verdant views

  • Modern, exceptionally practical apartments
  • Large windows for maximum natural light
  • All Francar apartments benefit from a high-end terrace, regardless the number of bedrooms
  • The apartments also boast verdant views of the pretty courtyard gardens, extending the private living space with an oasis of green

 

More info available at www.francar-deerlijk.be.

Nieuwland town houses: spacious homes surrounding unique inner parkland

Gent Nieuwland binnentuin
  • Contemporary town houses in the centre of Ghent
  • Exceptionally generous living accommodation comprising 130-180m2
  • Large roof terraces and private (south-facing) gardens
  • City garden views
  • Modern and sustainable NZE (Nearly Zero Energy) finish

More info available at www.nieuwland-gent.be.

Nieuwland

Nieuwland apartments

  • Quality finish and generous living accommodation
  • Spacious private terraces
  • City garden views
  • NZE apartment (Nearly Zero Energy)
  • Underfloor heating and parquet flooring included as standard

More info available at www.nieuwland-gent.be.