Hotel developments can take various forms, depending on the target market, location, investment strategy, and intended use.
Full-service hotels, such as can be found within luxury resort areas, offer a wide range of amenities, including restaurants, room service, conference facilities, gyms, and are focussed on business travelers, tourists, and conference attendees.
Limited-service hotels typically don’t offer on-site restaurants or extensive leisure facilities, and are aimed a the budget-conscious traveler, or those looking for a more simple and cost-effective stay.
Boutique hotels will usually have a unique design or purpose, often associated with the location, character, and even the owner who may be a famous personality.
Luxury hotels are high-end accommodation as inferrred by the title to offer exceptional services, and all the luxury amenities one would expect such as fine dining, spas, private pools, and concierge services.
Affluent tourists, business executives, and travelers seeking premium services and exclusivity would more than likely be foyund using a hotel that comes under the luxury category, hotels such as Five-star hotels, and brands like Ritz-Carlton and Four Seasons.
Resort hotels are located in leisure destinations (beaches, mountains, or resorts), and these hotels provide recreational amenities like golf courses, pools, spas, and activities.
Extended-Stay hotels, such as Residence Inn by Marriott, offer accommodations designed for longer stays, featuring larger rooms with kitchenettes or full kitchens, and are aimed at people who are relocating, or guests needing temporary housing.
Select-Service Hotels, such as Courtyard by Marriott and Hampton Inn, are similar to limited-service but may offer some extra amenities like a small breakfast bar or convenience shop.
Mixed-use developments are integrated into larger complexes that include other types of real estate such as offices, retail spaces, and even residential areas. These offer an all-in-one urban experience, often encompassing the skyscrapers or properties combined with shopping malls or residential buildings.
Convention center hotels, that are located next to or within convention centers and are designed to accommodate large groups for events, conferences, and conventions, and cater to conferences, corporate sessions, and exhibitors.
Each type of hotel development caters to a wide range of market needs, from budget stays to high-end luxury experiences.
Why Buy or Invest in New Real Estate Developments in Belgium.
Belgium has a well-developed, diverse economy and is known for its political stability. It’s also centrally located within Europe, which makes it an attractive hub for international businesses. With a strong economic foundation, real estate investments are often seen as safer, and demand for both residential and commercial properties remains relatively steady.
Many new real estate developments in Belgium are increasingly incorporating sustainable features, such as energy-efficient designs, green roofs, and renewable energy solutions. With growing demand for eco-friendly living spaces, investing in such properties can appeal to environmentally-conscious tenants and buyers, enhancing the property's attractiveness and value.
Belgium’s real estate market, whether for residential or commercial purposes, could be a rewarding opportunity due to its strong fundamentals, stable market conditions, and potential for long-term capital growth.
The capital is a hub for international organizations, businesses, and expatriates. Areas like the Avenue Louise, Ixelles, Uccle, and Watermael-Boitsfort are known for their upscale properties. Brussels is also home to many luxury residential developments and international buyers.
Due to its central location in Europe, Belgium remains an attractive place for international investors. Cities like Brussels, Antwerp, and Ghent are seeing increasing demand for luxury housing, especially within gated communities.
Belgium has specific regulations regarding property ownership for non-residents, but EU citizens have the same rights as Belgian citizens when buying real estate. Non-EU citizens may face more restrictions.
There’s a growing interest in energy-efficient, eco-friendly homes. Investors who focus on new off-plan developments with a sustainable edge may see long-term returns.
