Discover a prime development opportunity in the charming town of Paal with this exceptional land offering, perfectly suited for those looking to build their dream home from the ground up. Priced at €173,000, this plot provides a unique chance to create a personalized residence in a well-situated location that balances tranquility with excellent connectivity. The land, situated at Buitingstraat 16, spans a total surface area of 578 square meters, with a depth of 32 meters, providing ample space for architectural creativity and outdoor living. Although the existing building on the site is no longer habitable and requires complete demolition, this creates a blank canvas for future homeowners or investors eager to craft a bespoke property tailored to their specific needs and preferences. The surrounding environment of this plot offers the best of both worlds: peaceful surroundings complemented by convenient access to essential amenities and major transportation routes. Located near the heart of Paal, residents can enjoy local conveniences, shops, and services within walking distance. Additionally, the property is strategically positioned just three minutes from the E313 motorway, facilitating swift journeys toward Hasselt and Antwerp. This exceptional location ensures that future occupants can enjoy a serene residential setting while remaining well-connected to larger urban centers. The plot is part of an approved subdivision, and building regulations can be obtained upon request. Notably, the preservation of the chapel at the front of the plot is a mandatory requirement, adding a distinctive touch to this development site and maintaining the area's unique character. Financially, this land presents attractive fiscal advantages, especially for buyers planning to build their primary residence. If specific conditions are met—such as maintaining the property as the sole and own residence of the builder for five years and limiting the built surface to 200 m²—it is possible to benefit from a reduced VAT rate of 6% instead of the standard 21% on construction costs. Furthermore, as the current structure is no longer habitable, the sale is subject to a registration fee of only 12%, which may appeal to budget-conscious buyers or investors seeking a profitable development project. The property is available immediately upon signing the deed and is not currently rented, offering an excellent opportunity for immediate development or investment. In summary, this land in Paal represents an outstanding investment opportunity for those wishing to develop a custom home in a highly accessible yet tranquil environment. With its generous size, strategic location near major roadways, and potential tax benefits, it offers an ideal foundation to realize your residential dreams. Whether you are an experienced developer or someone looking to build their perfect home, this property invites you to explore its potential. For further details or to arrange a viewing, contact us today and take the first step toward transforming this promising plot into your new home or investment project.
* This text was generated using an artificial intelligence.
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