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As a landlord in Brussels, you can claim various renovation grants to improve and make your property more sustainable. The Renolution premiums, introduced on March 1, 2022, are designed to streamline this financial support and make it more accessible to Brussels residents.
The Renolution system bundles and replaces previous renovation grants, such as the Energy Premium and the Residential Renovation Premium. This support measure covers a wide range of work, from heating and ventilation to electrical installations.
Renovation is divided into several categories depending on the type of renovation work:
So you can apply for premiums for a variety of projects, such as the installation of a new heating system or double-glazing, and it is even possible to submit multiple applications for one home.
Several profiles are eligible for a Renolution premium, including:
The property for which the premium is requested must be located in the Brussels Capital Region and have been built more than 10 years ago. In addition, it is a requirement that the work be performed by an approved professional registered with the Crossroads Bank for Enterprises and liable for VAT.
Financial support can be up to 90% of the total project cost. The exact amount of the premium is influenced by:
Some premiums are a fixed amount, while others are a percentage of the billed amount. For an estimate of the support you may receive as a landlord, run a simulation on the IRISbox website.
The government is encouraging owners to invest in the energy transition of their properties. This is important, as energy-wasting properties will eventually decline in value in both the real estate and rental markets. The Renolution grants allow owners to anticipate this development and keep their rental property profitable. These subsidies also help maintain the quality of Brussels’ real estate stock.
Premium applications in Brussels are submitted via the website of IRISbox, an online counter that centralizes all applications for renovation aid in the Brussels Region. The file can be submitted online using the mandatory form developed for this purpose. The procedures have been simplified to facilitate more owners in their renovation projects.
[1] Brussels Capital Region (Bruxelles Environnement / Bruxelles Environnement). Official Guide and Terms of Renolution Premiums (Categories and Application Procedure). [2] Brussels Capital Region (Housing Decree). The Link between Renolution Premiums and the Legal Requirements of the Energy Performance Certificate (EPC). [3] Academic Research (Real Estate Economics Brussels). Analysis of the Impact of Subsidies on the Quality and Sustainability of the Brussels Rental Housing Stock. [4] Specialized law firm in Real Estate Law (Brussels). The Legal Obligations of Landlords after Receiving the Premium (Rent and Duration of the Lease). [5] Financieel Dagblad (Belgium). Tax and Return Analysis: The Financial Benefit of Renolution Premiums for Brussels Real Estate Investors. [6] Brussels Construction Industry Federation. Technical Guide: Conformity of the Work Performed to Renolution Requirements and Standards. [7] Local Authorities (Brussels Municipal Level). Information on Any Additional Premiums or Green Loans at the Municipal Level. [8] Deloitte or PwC (Belgium). Tax Optimization: Accounting Treatment of Premiums and Deductibility of Residual Costs. [9] European Regional Development Fund (ERDF). The Role of European Funding in Brussels Renovation Programs. [10] Real Estate Sector Report (Brussels). Market Analysis of Increase in Rental Value and Attractiveness after an Energy Renovation. [11] Royal Federation of Belgian Notaries (notaris.be). Information on EPC-Attest Requirements and Renovation Registration.

Contact
Every organization is different, and we at Offimac understand that all too well. Do you have questions or are you curious about what we can do for you? Let us know. We are happy to think along with you.
