Le Patio
New-build property in Namur

When you buy a new property that has already been delivered, the process is similar to a standard property purchase. You receive the keys when you sign the final deed and can move straight into your new apartment. The provisional acceptance inspection has already been carried out by an external representative. You therefore buy the property in its current condition, unless issues were noted in the provisional acceptance report. A show apartment is available to visit, so you can see the spaces and finishes for yourself.

Buying a completed new apartment like Le Patio does not mean you lose the guarantees. If the final acceptance inspection has not yet taken place, it is used to check that any defects identified during the provisional acceptance inspection have been corrected. You also benefit from the 10-year structural guarantee, which protects against defects affecting the strength or stability of the building. Technical equipment and any construction defects are also covered by their own guarantees.

Le Patio offers 36 apartments, from studios to 3-bedroom apartments, as well as 2 commercial spaces on the ground floor. Each apartment also has its own private outdoor space, with a terrace or balcony depending on the unit.

Buying a new apartment offers several advantages:

• Legal protection: A 10-year structural guarantee covering defects that may affect the strength or stability of the building, starting from its acceptance.
• Performance: New homes meet current building standards, include modern technology and offer good energy efficiency.
• Lower costs: An individual condensing boiler, double-glazed windows and improved insulation help reduce running costs from the moment you move in.
• Tax benefits: Some projects may qualify for a reduced VAT rate of 6%, under certain conditions.

The advertised prices for apartments at Le Patio do not include taxes. Several additional costs therefore apply:

• VAT: 6% if the conditions are met, or 21% in other cases.
• Notary fees
• Utility connection fees
• Costs for preparing the basic deed Your We Invest new-build advisor can provide a full breakdown of these costs free of charge.

No, the 6% VAT rate only applies under certain conditions. The property must be used as your main residence, meet a maximum size limit and be part of a demolition and reconstruction project. For rental investments, the 6% rate may also apply, under certain conditions related to renting out the property. As Le Patio is a demolition and reconstruction project, it is possible to benefit from the 6% VAT rate, subject to certain conditions. Your We Invest new-build advisor can help you check whether you qualify.