Moti Grozman, the owner and CEO of Excelion Development Co., is a veteran real estate developer with extensive experience in commercial, retail, and residential real estate. Excelion, active in major European cities, has initiated a new project in one of the most attractive real estate investment locations in Belgium – Charleroi.

Charleroi, Belgium – A Hot Real Estate Investment Destination

Belgium has long been considered an attractive investment destination, including real estate. While most real estate investments have traditionally focused on Brussels, investors are now turning to the southern province of Wallonia, specifically Charleroi, its capital.

Gruzman, a native of Belgium, quickly recognized the potential of the thriving and developing city and launched a luxury project in one of its high-quality districts. Charleroi is the fifth-largest city in Belgium and a significant commercial and economic hub. Its proximity to Brussels (about 50 kilometers) and to the country’s second-largest international airport adds to its advantages, making it a magnet for affluent families, businesspeople, and various real estate investors.

Montignies sur Sambre Neighborhood

Excelion chose to build its residential project in the central Montignies sur Sambre neighborhood, close to key city landmarks such as the main football stadium, the municipal hospital, the large shopping mall, and major transportation arteries within the city and to other cities.

The project includes eight residential units of different sizes, offering two, three, and four-room apartments. Prices for a three-room apartment start at €74,000, and prices for a four-room apartment start at €109,000. These prices, combined with the neighborhood and city’s characteristics, make it a particularly attractive real estate investment.

Investment Advantages with Excelion

Investing in this specific real estate project and with Excelion, in general, offers several significant advantages that provide security to real estate investors:

• Professional valuation for each deal

• Assistance in finding attractive financing sources with low-interest rates

• Rigorous due diligence process

• Full information on the taxation in Belgium

The investment in the project is accompanied by professional guidance from the company’s staff and high-level service for analyzing and executing each deal. All these factors make Charleroi in general, and the Montignies Park project specifically, the next real estate project to invest in as soon as possible.