Land for sale - Paal RBS98685

This property offers a unique opportunity to build your dream home in the charming town of Paal. Located at Buitingstraat 16, this land parcel is part of an approved subdivision, ensuring a clear and organized development process. While the existing structure on the property is no longer habitable and requires demolition, this provides a blank slate for buyers to design and construct a residence tailored to their personal preferences and needs. The obligation to preserve the chapel at the front of the lot adds a distinctive character to the location. The property's prime location combines tranquility with excellent accessibility. Situated near the center of Paal, all necessary amenities are conveniently within reach. Furthermore, the parcel is located just three minutes from the E313 motorway, providing ideal connections to major cities like Hasselt and Antwerp. This blend of serenity and connectivity makes it a desirable spot for those looking to enjoy both peaceful living and easy access to urban centers. Financially, purchasing this land comes with certain benefits. The sale is subject to a registration duty of 12% due to the uninhabitable condition of the current building. Additionally, there is potential for a reduced VAT rate of 6%, applicable to construction work, provided specific conditions are met, such as using the new building as the sole and primary residence for five years with a maximum living area of 200 square meters. This can significantly lower construction costs, offering a financial advantage to prospective buyers.

* This text was generated using an artificial intelligence.

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