Two Properties Sold on rue Vogler in Schaerbeek

The rue Vogler in Schaerbeek has once again proven why it is a magnet for investors. Homerun Real Estate recently completed two successful sales in this promising neighborhood. Both cases highlight why this street continues to attract developers and investors focused on apartment buildings and co-housing projects.

The rue Vogler boasts a rich history deeply intertwined with the urban development of Schaerbeek. The street was laid out in the second half of the 19th century, a period marked by rapid urbanization in Schaerbeek. With its eclectic architectural style and some Art-Nouveau houses, the street reflects the ambition and prosperity of that era.

Originally intended for the emerging bourgeoisie, the neighborhood has undergone several transformations over the years, yet the historic charm remains a defining characteristic of the rue Vogler. Its proximity to Josaphat Park, which itself plays an important role in the history of Schaerbeek, enhances the character and appeal of the street. Many properties in the rue Vogler still retain architectural details from the past, making it an ideal location for investors who value authenticity and class.

The appeal of the rue Vogler is no coincidence. This street is located in a neighborhood north of the famous Avenue Louis Bertrand, less than 1 kilometer from the beautiful Josaphat Park. This strategic location offers residents the perfect combination of proximity to green spaces and excellent connections to the city center.

What makes the rue Vogler especially attractive to investors is the price difference compared to the area south of the Louis Bertrandlaan, where real estate prices are significantly higher. Moreover, the property stock in the neighborhood around the rue Vogler and on the street itself is highly outdated, resulting in lower purchase prices. This provides investors with the opportunity to generate significant added value by initiating renovation projects.

Schaerbeek combines a rich architectural history with a vibrant dynamic that appeals to both families and young professionals. Thanks to these unique features, the rue Vogler remains a hotspot for smart investments in apartments and co-housing projects.

The first property we sold was a stately townhouse with ample space and potential. The property required a complete renovation. During the sale, this building attracted attention from both families and investors with a keen eye for transformation projects. The building, a spacious single-family home with five bedrooms, offered opportunities for redevelopment into modern residential units. The buyer carried out a total renovation, updating the façade and windows, installing solar panels, and transforming the property into a comfortable co-housing project with a shared kitchen.

The second property we sold was an income-generating building with three residential units, two of which were officially recognized as legal units according to Schaerbeek’s urban planning department. The property features spacious outdoor areas, including terraces and a private garden, adding to the quality of living.

The building comprised a ground-floor apartment with one bedroom and a private garden, a studio with a separate kitchen on the first floor, and a duplex with two bedrooms and a bathroom on the upper floors.

The new owner successfully obtained official recognition for the third unit and plans to carry out a complete renovation.
Thanks to its strategic location in a quiet one-way street and its renovation potential, this property promises an attractive rental yield.

It is inspiring to witness how the neighborhood is undergoing a step-by-step metamorphosis, with more high-quality residential units being created. These developments are driven by investors willing to take the risk of investing in a neighborhood that is rapidly evolving.
Their efforts have not only led to the enhancement of individual properties but also triggered a snowball effect: more families and investors are drawn to the opportunities in the area and are starting their own projects.

This process contributes not only to the economic value of the neighborhood but also to its social dynamics and livability.
Thanks to these collective efforts, the neighborhood is growing into an attractive and vibrant area where living and community take center stage.

At Homerun Real Estate, we pride ourselves on a personal and professional approach, putting your real estate goals at the heart of everything we do. We guide both buyers and sellers through every step of the process, with attention to detail and a focus on achieving optimal results. Whether it’s a sale, a thorough valuation, or advice on investment opportunities, we are here to help.

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