Why dike apartments in this coastal municipality suddenly became 25 percent more expensive: “People want to experience something during their holiday”

Buying an apartment on the sea wall in Blankenberge? You paid more than 25 percent more for it last year than in 2023. The high price increase contrasts sharply with some neighbors. Local real estate agents see several reasons. "Tourism is alive here all year round, and that stimulates holiday rentals and investors."

Brussels 28/03/2025 06:30 (BELGA) Real estate sales on the coast have fallen by 2.1% last year compared to 2023, according to the Barometer of the Coast of the Federation of Notaries (Fednot) published Friday. This stabilisation of the market comes after a drop of almost 20% in transactions on the coast in 2023. The average price of an apartment in the coast now reaches 332.033 euros (+4.3% over one year), or 22.4% more than an apartment in Belg…

The price of apartments on the sea wall rose by 7.6 percent in 2024, almost twice as much as that of other apartments on the coast - although there are local differences. Almost nine out of ten buyers are Flemish.