Guaranteed rental income for 30 years
Capronnier is a new development of 82 high-quality flats in Schaarbeek, just a stone's throw from the heart of Brussels. As an investor in this project, you benefit from all-in management and are guaranteed rental income for 30 years thanks to the partnership with Sociaal Verhuurkantoor Wijken, a social letting agency.
Capronnierstraat - 1030 Schaarbeek
ION is known for its sustainable new-build projects, and Capronnier is no different. All units in this completely fossil-free building are connected to a passive geothermal heating and cooling system.
Investing in Capronnier means investing in certainty, as investors are guaranteed rental income for 30 years thanks to the partnership with Sociaal Verhuurkantoor Wijken, which is also responsible for managing and maintaining the flats. Just the project for investors looking for a hassle-free, secure investment, in other words!
You benefit from a reduced VAT rate of 6% instead of 21% in Capronnier. You are also entirely exempt from withholding tax for the duration of the contract with the social letting agency, resulting in substantial annual tax savings.
The Canal District, a thriving neighbourhood
Canal, which used to connect factories in the south with the port of Antwerp in the north, fell into disrepair over time. The area has undergone somewhat of a transformation in recent years, with the neighbourhood experiencing a revival. It has since become a vibrant neighbourhood with friendly hospitality establishments, cultural institutions, and several amenities. But Canal is also the place to be for walkers or cyclists thanks to the new pedestrian bridge and green spaces that were created here a few years ago.
At ION, we value sustainability and bold designs, which DDS+ also finds important. We believe that sustainability is crucial to ensure long-term quality. Rather than seeing sustainability and innovation as opposites, architects believe these aspects are intrinsically linked. Capronnier is a perfect example of this philosophy.
Capronnier was designed by Brussels-based architecture firm DDS+, which is known for its professional approach and the architectural complexity of its projects. The development is part of the upgrade of the Canal District into a modern, contemporary neighbourhood for the young and the young at heart. The property's green courtyard ensures a cosy living experience, creating an oasis of tranquillity.
Capronnier in numbers
- Site area: 3,660 m2
- 82 flats
- 104 parking spaces
- 1 retail unit (1,692 m2)
- Gross floor area: 8,625 m2
30-year rental guarantee
Sociaal Verhuurkantoor Wijken guarantees investors in Capronnier rental income for 30 years. Given that there currently is a waiting list of more than 50,000 tenants in Brussels, investors can be assured that there will always be a tenant for their property. Moreover, their investment also creates impact in society by contributing to tackling the chronic shortage of quality and social housing in Brussels.
The social letting agency is responsible for the all-in management of the flat. Maintenance, repairs, letting... They take care of all this and more at no additional cost. At the end of the contract, the flat is returned to the investor in its original condition.
6 reasons to invest in Capronnier
Thanks to the upgrade of Canal, the neighbourhood has become a trendy hotspot with many amenities, restaurants, cultural institutions, and more. The city also has a series of developments in the pipeline in the district. The area in and around the Brussels Canal has become a sought-after neighbourhood for buyers and tenants alike.
- Thanks to Sociaal Verhuurkantoor Wijken, investors are guaranteed a fixed monthly rental income for 30 years.
- Investors in Capronnier are also fully exempt from property tax.
- Moreover, the VAT rate on the purchase of a flat in Capronnier is 6% instead of 21%.
- Letting your property becomes a hassle-free experience because of the social letting agency, which is responsible for the maintenance, letting, and any repairs.
- Rental income is automatically indexed every year, making it inflation-proof.