VISION OF NEW CONSTRUCTION DEVELOPMENT: THE FUTURE

Revived neighbourhoods such as the Eilandje and new districts such as Nieuw Zuid make Antwerp an attractive city to live in. Residents are not only considering the price and contemporary comfort, but are also taking the view and the surroundings into account.

Calendar icon23 March 2018

"The market of old apartments is under pressure because of the growing supply of quality newly built apartments,” explains Sven Potvin, manager of residential real estate at Quares  (Antwerp). "Many such apartments are owned by older people, who do not want to bother with the hassles of renovation themselves.”

There is enormous interest in new construction, including from younger generations, but not just anywhere. "They are looking for a living environment, with some public green space in the form of neighbourhood squares, access to public transport, but also bars, small restaurants, and flexible work places nearly,” Mr Potvin explains.  “The Eilandje is a prime example. This does not mean that chic streets as the  Jan Van Rijswijcklaan or the  Markgravelei have had their day.  They retain their grandeur, but are attracting a different, generally older public. The real decline is outside the city. The villa districts in Brasschaat, Schoten and ‘s-Gravenwezel are less popular now.”

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