Cadastral Income in Belgium vs. Value of Immovable Property in the Netherlands
Even more terms that do not resemble each other, but are still largely the same. That is the KI, Cadastral Income, which is used in Belgium. In addition, the term WOZ value, Value of Immovable Property, in the Netherlands.
Both of them say something about the value of the dwelling in question, the company building and/or the plot. This value is subject to tax. The amount depends on the municipality concerned. This can often be found online and can be requested from the relevant municipal authority.
Want to know what you need to take into account when you become a owner of a house, a retail property, or any other type of property on offer? Our brokers will be happy to help.