Immovable property

The transfer tax rate on dwellings that are not the main place of residence (e.g. investment) will decrease from 10.4% to 8% as of 2026. The rate of 2% for the owner-occupied dwelling remains, just like the 10.4% for non-residential property. 

To exclude an associated party for tax value of a leased dwelling 
The tax value of a leased dwelling applied in Box 3 and the gift & inheritance tax, may only be applied on rentals in line with market conditions. Until recently, associated parties could also benefit in non-market-compatible letting from the deviating valuation rule and from judgments by the Supreme Court, which reduced the value of the dwelling. Henceforth, the tax value of a leased dwelling does not apply in situations where a dwelling is let or leased to an associated party at a non-market-compatible price. Only if associated parties operate in line with market conditions, does the application remain possible. 

Take note! 

When leasing to relatives, check that the agreed rent is in line with market conditions to ensure application of the tax value of a leased dwelling.