Flemish municipalities are expected to receive €108.8 million in revenue from the secondary residence tax in 2023, according to L’Echo and De Tijd.
The ten coastal municipalities will be the main beneficiaries, the two dailies noted in their Thursday editions.
This tax has to be paid by the owners of a house where nobody lives permanently.
Almost four-fifths of the total income from the tax - €85.2 million euros – will be collected by the ten coastal municipalities combined.
This is according to data from the Association of Flemish Cities and Municipalities (VVSG), based on the adjusted multi-annual plans, the dailies reported.
Koksijde is expected to raise the most money from the secondary home tax: €17.9 million. The seaside resort applies annual rates of €1,027 for studios and €1,239 for larger residences.
The second largest beneficiary would be Knokke-Heist, with an expected revenue of €14.1 million.
The annual tax on each secondary home there is €790.