NEST Belval, an innovative real estate project transforming the way we live, work and enjoy life, in a setting combining luxury and well-being. This lot 201 apartment on the second floor, with a living area of 90 m², offers two spacious, well-appointed bedrooms. As you enter, you discover a vast open space that combines the living room and kitchen, creating a bright, friendly atmosphere. The living room opens onto a loggia, ideal for enjoying the outdoors from the comfort of your own home. The two bedrooms are comfortable and generously sized, perfect for a pleasant living environment. The apartment also includes a practical laundry and storage room, as well as a modern bathroom and separate toilet. Selling price: € incl. VAT *VAT at the super-reduced rate of 3%, subject to conditions and administrative approval. Want to know more?
New construction: flat for sale with 2 bedrooms - Belvaux (Luxemburg)
NEST Belval, an innovative real estate project transforming the way we live, work and enjoy life, in a setting combining luxury and well-being. This lot 104 apartment on the second floor, with 89 m² of living space, offers two spacious, well-appointed bedrooms. As you enter, you discover a vast open space that combines the living room and kitchen, creating a bright, friendly atmosphere. The living room opens onto a loggia, ideal for enjoying the outdoors from the comfort of your own home. The two bedrooms are comfortable and generously sized, perfect for a pleasant living environment. The apartment also includes a practical laundry room, as well as a modern bathroom and separate toilet. In addition, a 3.08 m² storeroom provides further storage space. The price shown includes VAT at the super-reduced rate of 3%, subject to conditions and administrative approval, and does not include parking. Ref : 6075 Want to know more?
NEST Belval, an innovative real estate project transforming the way we live, work and enjoy life, in a setting combining luxury and well-being. This lot 104 apartment on the second floor, with 89 m² of living space, offers two spacious, well-appointed bedrooms. As you enter, you discover a vast open space that combines the living room and kitchen, creating a bright, friendly atmosphere. The living room opens onto a loggia, ideal for enjoying the outdoors from the comfort of your own home. The two bedrooms are comfortable and generously sized, perfect for a pleasant living environment. The apartment also includes a practical laundry room, as well as a modern bathroom and separate toilet. In addition, a 3.08 m² storeroom provides further storage space. The price shown includes VAT at the super-reduced rate of 3%, subject to conditions and administrative approval, and does not include parking. Ref : 6075 Want to know more?
Discover an exceptional opportunity to acquire a stylish and contemporary apartment in the charming town of Belvaux. Located at 1 Avenue du Blues, this property presents a refined living space ideal for those seeking comfort and modernity within a peaceful setting. Priced at €810,105, this apartment offers a blend of quality construction and thoughtful design, catering to discerning buyers looking for a premium residence in this desirable area. This residence spans a total living area of 95 square meters and is situated on the second floor of a well-maintained building comprising two floors. The apartment features two bedrooms, providing ample space for relaxation and privacy, along with a functional layout that maximizes the use of the available space. While specific details about the heating system are not provided, the property is equipped with modern amenities to ensure a comfortable living environment. Additionally, the apartment is currently not rented, offering immediate ownership and occupancy possibilities. The property benefits from a straightforward, contemporary design, and its strategic location in Belvaux makes it an attractive choice for those seeking proximity to local amenities, transport links, and the vibrant community life of the region. Belvaux is known for its tranquil ambiance combined with access to essential services and recreational opportunities, making it a highly sought-after location for families, professionals, and investors alike. The area provides a peaceful, residential atmosphere, complemented by the convenience of nearby shops, schools, and public transportation options. This apartment presents an excellent investment opportunity or a perfect new home for those looking to enjoy the quality of life in this picturesque Belgian town. To learn more about this property or to schedule a viewing, please contact us today. We are here to assist you in making this exceptional apartment yours and guiding you through the purchasing process with professionalism and expertise. Want to know more?
Discover an exceptional opportunity to acquire a modern apartment in the charming town of Belvaux, perfectly suited for those seeking a comfortable and contemporary living space. This well-presented property is offered at a competitive price of €741,564, with applicable VAT, making it an attractive option for both investors and private buyers alike. Situated on the second floor of a thoughtfully designed building that comprises two floors in total, this apartment offers a well-balanced combination of space, functionality, and location appeal. The apartment features a total living area of 87 square meters, thoughtfully laid out to maximize comfort and convenience. It includes two bedrooms, providing ample space for families, couples, or individuals looking for a versatile living environment. The interior is designed to meet modern standards, although specific details about the heating system are not provided. The apartment is currently not rented, presenting a straightforward opportunity for immediate ownership or future rental income. Its strategic position on the second floor ensures good natural light and ventilation, enhancing overall living experience. The building’s construction and layout are designed to meet contemporary residential standards, complemented by the absence of flood risk and environmental concerns, which adds to the property's appeal. Belvaux is a serene and welcoming locale that offers a peaceful environment combined with convenient access to local amenities. While specific neighborhood details are not provided, the town's overall charm and infrastructure make it an attractive place to reside. This property’s prime location, combined with its modern design and competitive price, makes it an excellent investment or family home. Interested buyers are encouraged to contact us for further information or to schedule a viewing, and take the first step toward making this desirable apartment in Belvaux your new home. Want to know more?
Discover an exceptional investment opportunity in the vibrant town of Belvaux with this stunning apartment for sale, priced at €771,161. Situated at 1 Avenue du Blues, this property offers a contemporary living space that seamlessly combines comfort, style, and functionality. Located on the second floor of a well-maintained building, this apartment boasts a living area of 90 square meters, providing ample space for a comfortable lifestyle. The layout features two spacious bedrooms, each designed to offer a relaxing retreat, with generous surface areas that ensure versatility in furnishing and decor. Upon entering, you are welcomed into an open-plan living room and kitchen area, creating a bright and inviting atmosphere ideal for both everyday living and entertaining guests. The living space benefits from large windows that let in natural light and open onto a loggia, an outdoor extension perfect for enjoying fresh air without leaving the comfort of your home. This apartment is thoughtfully equipped with modern amenities, including a practical laundry room and a storage closet, adding to its convenience and appeal. The bathroom is modernly designed, complemented by a separate toilet, enhancing functionality for residents and visitors alike. The property benefits from gas heating, ensuring efficient warmth throughout the year, and the building is accessible via a lift, making it suitable for all residents. With an EPC rating of A+, the residence reflects energy efficiency and commitment to sustainable living. The building comprises two floors, with this apartment occupying the second, offering privacy and tranquility in a well-organized community setting. Belvaux is renowned for its strategic location, combining a peaceful environment with convenient access to local amenities, transportation links, and services. Whether you are looking for a primary residence or an investment property, this apartment's prime location and high-quality features make it an attractive choice. The property's sale price includes all charges, and its modern construction and energy-efficient features align with contemporary living standards. To explore this exceptional opportunity further or to schedule a viewing, contact your real estate professional today. Don’t miss the chance to secure this contemporary apartment in the heart of Belvaux—an ideal blend of comfort, convenience, and investment potential. Want to know more?
Discover this exceptional opportunity to acquire a modern apartment in Belvaux, perfectly suited for those seeking comfort, style, and convenience. Priced at €810,082, this property offers a generous living space within a well-designed environment. Located at 1 Avenue du Blues, the apartment is part of the innovative NEST Belval project, a development renowned for transforming residential living into a luxurious and wellness-oriented experience. Situated on the first floor, this apartment boasts a habitable area of 95 square meters, providing ample space for everyday living and relaxation. The interior layout is thoughtfully planned to maximize comfort and functionality. Upon entering, you are welcomed into an open plan living area that seamlessly combines the living room and kitchen, creating a bright, inviting atmosphere perfect for both entertaining and everyday family life. This space benefits from access to a loggia, allowing residents to enjoy outdoor moments in a private setting. The apartment features two spacious bedrooms, each designed to provide a tranquil retreat, complemented by a modern bathroom and a separate toilet. Additionally, a practical laundry-storage room adds to the convenience, making it easy to maintain an organized and comfortable household. The property is equipped with gas heating, ensuring efficient warmth throughout the year, and has received an EPC rating of A+, underscoring its energy efficiency. Belvaux’s strategic location offers numerous benefits, from local amenities to transportation links, making it an ideal place for both professionals and families alike. The development’s environment promotes a sense of community and well-being, aligning with the high standards of modern Belgian living. Whether you are seeking a stylish residence in a vibrant area or a sound investment, this apartment provides an excellent opportunity. Don’t miss your chance to own this remarkable property—contact us today to arrange a viewing or to get more information about this exclusive listing. Want to know more?
Experience innovative urban living in the vibrant city of Belvaux with this exceptional apartment for sale at 1 Avenue du Blues. Priced at €741,755, this property offers a sophisticated and comfortable lifestyle within a contemporary development that harmonizes luxury, well-being, and practicality. Perfectly positioned in the Belvaux area, this apartment, identified as lot 106, is situated on the first floor of a modern building equipped with an elevator, ensuring ease of access and convenience for residents. The apartment’s total living space measures approximately 87 square meters, providing ample room for comfortable living and entertaining. Its thoughtful layout includes two spacious bedrooms, a bright and open living area, an integrated kitchen, and a modern bathroom, all designed with quality and comfort in mind. Upon entering this stylish residence, you are greeted by a generous open-plan space that combines the living room and kitchen, creating a convivial atmosphere filled with natural light. The living area extends to a loggia, an ideal outdoor retreat where residents can enjoy fresh air and outdoor views without leaving the comfort of their home. The two bedrooms are well-sized, offering versatile space for rest, relaxation, or work-from-home arrangements. Additionally, the apartment features a practical laundry room, enhancing daily convenience, alongside a separate toilet for added privacy. Modern gas central heating ensures warmth and efficiency throughout the year, and the apartment benefits from an EPC rating of A+, indicating excellent energy performance. A private cellar of 6.22 square meters is included, providing valuable extra storage space to keep the living areas clutter-free and organized. The Belvaux location offers many advantages, from proximity to local amenities, transportation links, and recreational facilities, to the dynamic atmosphere of this sought-after area. The property’s modern features, combined with its appealing location, make it a highly attractive choice for discerning buyers seeking a high-quality apartment in a thriving community. Whether you are looking for a comfortable home or a smart investment opportunity, this apartment represents an excellent opportunity to acquire a contemporary property in Belvaux. For more information or to arrange a viewing, please contact us today and take the first step towards making this exceptional apartment your new home. Want to know more?
NEST Belval, an innovative real estate project transforming the way we live, work and enjoy life, in a setting combining luxury and well-being. This lot 104 apartment on the second floor, with 89 m² of living space, offers two spacious, well-appointed bedrooms. As you enter, you discover a vast open space that combines the living room and kitchen, creating a bright, friendly atmosphere. The living room opens onto a loggia, ideal for enjoying the outdoors from the comfort of your own home. The two bedrooms are comfortable and generously sized, perfect for a pleasant living environment. The apartment also includes a practical laundry room, as well as a modern bathroom and separate toilet. In addition, a 3.08 m² storeroom provides further storage space. The price shown includes VAT at the super-reduced rate of 3%, subject to conditions and administrative approval, and does not include parking. Ref : 6075 Want to know more?
Discover this elegant two-bedroom apartment situated in a contemporary residence comprising only seven units, nestled in the highly sought-after residential area of Belvallee in Belvaux. This modern property offers a perfect blend of comfort, convenience, and tranquility, making it an ideal choice for those seeking a high-quality living space within easy reach of key amenities. The apartment's strategic location places it midway between Belval and major road networks, providing excellent connectivity while enjoying a peaceful environment. The surrounding area is characterized by its calm and green setting, notably just a short stroll from the Gaalgebierg park, offering residents a serene outdoor retreat for leisure and relaxation. This well-designed apartment boasts two bedrooms on the second floor of the building, which is part of a two-level structure. The interior layout emphasizes comfort and practicality, complemented by external features such as a private outdoor space, allowing residents to enjoy their own outdoor area. The property includes a private cellar for additional storage and comes with two indoor parking spaces, addressing practical needs for parking and security. The apartment is currently not rented, providing an excellent opportunity for immediate occupation or investment. The energy performance is certified with an EPC rating of A, ensuring efficiency and lower energy costs for future owners. The listed price for this exceptional property is €659,493, inclusive of VAT at 3%, subject to conditions. For those interested in this unique residence, interested parties are encouraged to contact Sabrina Furini at (+352) 691 112 110 or via email at ### . This opportunity offers a sophisticated lifestyle in a prime location, combining modern comfort with convenient access to natural and urban amenities. Whether you are looking for a comfortable home or a promising investment, this apartment in Belvaux presents an attractive option worth exploring further. Do not hesitate to get in touch to arrange a viewing or to obtain more detailed information about this property. Want to know more?
Discover this elegant apartment for sale in Belvaux, a charming residence offering a harmonious blend of comfort, convenience, and modern living. Priced at €731,511, this property is situated in a contemporary building comprising only seven units, ensuring an exclusive and private environment. Located in the heart of the highly sought-after Belval area, the apartment provides an ideal balance between accessibility and tranquility. The property features two bedrooms and is positioned on the first floor of a single-story building, emphasizing ease of access and practical living. The interior space is designed for comfort, with a well-thought-out layout that maximizes natural light and usable space, making it suitable for both families and professionals seeking a peaceful yet well-connected residence. This apartment’s key features include a private outdoor space, offering residents a personal retreat within an urban setting. The residence comes with essential conveniences such as a private cellar and two indoor parking spots, enhancing daily living comfort. Although specific details about the heating system are not provided, the property boasts an EPC classification of 'A,' indicating energetic efficiency and adherence to modern standards. The absence of a garden or terrace emphasizes the focus on indoor living and shared outdoor amenities. The location benefits from its strategic placement halfway between Belval and major road networks, facilitating easy commutes and access to regional hubs. Residents can enjoy the serene environment of the nearby Gaalgebierg park, adding to the appeal of this peaceful yet connected setting. Belvaux is highly regarded for its quality of life, combining green spaces with excellent infrastructure. The apartment’s proximity to natural surroundings and local amenities makes it an attractive choice for those seeking a balanced lifestyle. The price includes VAT at 3%, with the option for a 17% VAT rate bringing the total to €781,510.78 under certain conditions. For interested buyers or investors eager to explore this exceptional opportunity, contacting Sabrina Furini at (+352) 691 112 110 or via email at ### is recommended. Don’t miss the chance to acquire this modern, comfortably appointed residence in one of Belvaux’s most desirable neighborhoods—your next chapter begins here. Want to know more?
Discover this exceptional apartment for sale in Belvaux, offering a perfect blend of modern comfort and a prime location. Priced at €731,537, this property is situated within a contemporary residence comprising only seven units, providing an intimate and exclusive living environment. The apartment benefits from a strategic setting, nestled in the heart of the desirable Belvallee district, ideally positioned midway between the vibrant Belval area and major road arteries. This ensures excellent connectivity and easy access to surrounding regions, making it highly suitable for professionals and families seeking convenience without sacrificing tranquility. This apartment features two bedrooms on its first floor, making it ideal for small families, couples, or individuals requiring a comfortable living space. The interior layout emphasizes functionality and comfort, complemented by an exterior private space that offers a pleasant outdoor retreat. The residence includes practical amenities such as a private cellar and two indoor parking spaces, adding convenience to everyday life. While details about the heating system are not specified, the apartment boasts an EPC rating of A, indicating energy efficiency and cost-effective management. The property is currently not rented, presenting an excellent opportunity for buyers to move in or customize the space according to their preferences. The surrounding environment enhances the appeal of this property, with a peaceful and verdant setting just steps away from the Gaalgebierg park, providing ample opportunities for outdoor activities and relaxation. The quiet, leafy neighborhood offers a welcoming atmosphere conducive to a high quality of life. Purchasing this apartment not only grants access to a well-maintained residence but also places you close to local amenities, parks, and major transport links that facilitate easy commuting. Interested buyers are encouraged to contact Sabrina Furini at (+352) 691 112 110 or via email at ### for more information or to arrange a viewing of this attractive property. Don't miss the chance to invest in a modern, energy-efficient home in one of Belvaux’s most sought-after locations. Want to know more?
Discover this beautiful apartment for sale in Belvaux, a truly attractive opportunity for those seeking modern living in a peaceful and well-connected environment. Priced at €659,619, this property is located in a contemporary residence comprising only seven units, ensuring an exclusive and intimate atmosphere. The apartment features two bedrooms, providing ample space for comfortable living, and is equipped with a private terrace and garden that offer outdoor relaxation and leisure options. Additionally, the property includes a private cellar and two parking spaces within the building, catering to convenience and practicality for everyday life. Situated in the highly sought-after Belval area of Belvaux, this residence benefits from a strategic location halfway between the dynamic Belval district and major road arteries. This prime positioning provides easy access to essential transportation links and local amenities, making it ideal for those who value connectivity and accessibility. The environment surrounding the residence is tranquil and green, with close proximity to the Gaalgebierg park, offering residents a serene setting for walks, outdoor activities, and relaxation amidst nature. The combination of a peaceful neighborhood and convenient location enhances the overall appeal of this property, making it suitable for families, professionals, or anyone looking for a balanced lifestyle. The apartment is marketed at a TVA 3% rate (subject to conditions), with the total price including VAT reaching €709,619.29. The property benefits from an EPC certification of class A, indicating energy efficiency and lower utility costs. Currently not rented out, this residence is ready for immediate occupancy or investment. Whether you are looking for a comfortable home or a promising real estate investment, this property in Belvaux offers a compelling opportunity. For more information or to arrange a viewing, contact Sabrina Furini at (+352) 691 112 110 or via email at ### . Take the next step toward owning this exceptional apartment in one of Belgium’s most desirable areas. Want to know more?
Discover this charming apartment for sale in Belvaux, offering a unique combination of modern comfort and a prime location within a contemporary residence. Priced at €659,712, this property presents an excellent opportunity for those seeking a well-designed home in a serene yet accessible setting. The apartment is situated in a building with only seven units, ensuring an intimate and exclusive living environment. Located in the coveted Belval area, the residence benefits from a strategic position halfway between the vibrant Belval district and major roadways, making daily commutes and access to amenities effortless. This apartment features two bedrooms on the second floor of a two-story building, providing a comfortable and practical living space. While the interior specifics such as size are not detailed, the layout emphasizes practicality and modern design. The property includes a private outdoor space, allowing residents to enjoy fresh air and outdoor relaxation without leaving their home. Additional features include a private cellar for extra storage and two indoor parking spaces, enhancing convenience for residents with vehicles. The apartment is also registered with an EPC rating of A, indicating energy efficiency, and is currently not rented out, offering immediate possession for new owners. Nestled in a tranquil and green environment, this residence is just a short walk from the Gaalgebierg park, providing a peaceful natural setting for outdoor activities and leisure. Residents will appreciate the calm surroundings combined with easy access to the dynamic amenities of Belval. The price displayed includes TVA at 3%, subject to conditions, with an alternative TVA rate of 17%, bringing the total to €709,712.24. For those interested in this exceptional property, contacting Sabrina Furini at (+352) 691 112 110 or via email at ### is the next step to arrange a viewing or obtain further information. This opportunity perfectly combines comfort, location, and modern amenities—an ideal choice for discerning buyers in Belvaux. Want to know more?
Discover this charming apartment for sale located in the desirable area of Belvaux, offering an excellent opportunity for those seeking modern living in a tranquil and well-connected setting. Priced at €731,451, this property provides a compelling blend of comfort, convenience, and contemporary design within a quiet residential neighborhood. The apartment features two bedrooms, making it an ideal choice for small families, couples, or individuals looking for spacious yet manageable living space. Situated on the first floor of a recent building, the residence benefits from a private outdoor space—an exclusive feature that enhances the overall quality of life in this peaceful environment. The interior layout emphasizes comfort and practicality, with two bedrooms that provide ample space for rest and relaxation. Although the specific details about the type of heating are not specified, the apartment boasts an energy performance certificate classified as 'A,' indicating efficient energy use. Residents will appreciate the inclusions that enhance daily living, such as a private cellar for additional storage and two designated indoor parking spaces, ensuring parking convenience and security. The property is part of a small, modern residence with only seven units, located in the heart of Belval, a highly sought-after district known for its harmonious blend of residential tranquility and accessibility to major transport routes. The location of this apartment offers significant advantages: it is ideally positioned halfway between Belval’s vibrant amenities and key road arteries, making commuting effortless. Nearby, residents can enjoy the green surroundings of the Gaalgebierg park, offering recreational opportunities and a serene environment just steps from home. The neighborhood combines peaceful living with practical accessibility, making it suitable for those seeking a balanced lifestyle. Whether you are looking to purchase as an investment or to establish your family home, this property presents a compelling opportunity. For further information or to schedule a viewing, contact Sabrina FURINI at (+352) 691 112 110 or via email at ### . Don’t miss the chance to make this exceptional apartment yours and experience all the benefits of living in Belvaux. Want to know more?
Discover this exceptional apartment for sale in Belvaux, offering a sophisticated living space designed to meet modern preferences. Priced at €659,293, this property is situated within a contemporary residence comprising only seven units, providing an exclusive and tranquil environment. The apartment features two bedrooms, making it ideal for individuals, couples, or small families seeking comfort and practicality. Its design ensures a harmonious blend of functionality and style, with ample space and thoughtful layouts that optimize living experiences. The apartment's private outdoor areas further enhance its appeal, including a terrace and a garden exclusively reserved for residents, creating perfect settings for relaxation, outdoor dining, or entertaining guests. The residence's strategic location in Belvaux offers numerous advantages. Positioned halfway between the vibrant Belval district and major road arteries, residents benefit from excellent accessibility and connectivity to key areas. The neighborhood is characterized by a peaceful, green environment, with the nearby Gaalgebierg park serving as a natural retreat for outdoor activities and leisure pursuits. This setting not only promotes a high quality of life but also provides promising investment potential, especially given the area's ongoing development and increasing demand for quality housing. The apartment comes with practical amenities such as a private cellar and two indoor parking spaces, adding convenience and security to daily life. Whether you aim to reside in this desirable locale or seek a sound investment opportunity with attractive rental prospects, this property ticks all the boxes for discerning buyers. Belvaux is renowned for its blend of serenity and accessibility, making it an attractive choice for residents seeking a balanced lifestyle. The apartment is offered with TVA at 3%, under specific conditions, with an additional option for a TVA of 17%, bringing the total price to €701,457.71. The property benefits from an EPC rating of 'A,' indicating energy efficiency and low operational costs. Currently not rented out, the apartment is ready for immediate occupancy or for use as a rental investment. For those interested in exploring this opportunity further, contact Sabrina Furini at (+352) 691 112 110 or via email at ### to arrange a viewing or obtain additional information about this exclusive listing in Belvaux. This is your chance to acquire a refined residence in a sought-after location that combines modern comfort with strategic advantages. Want to know more?
Developed by Eiffage Real Estate Luxembourg, one of Europe's leading construction groups and a key player in European real estate development with innovative concepts, and Perrard Développement. Apartment lot C39, with a floor area of 78.56 sqm², comprises two bedrooms, a bathroom and a separate toilet. An entrance hall leads to an open-plan kitchen and a spacious living room, for a fluid, pleasant layout. The apartment also features a 22.85 sqm² outdoor space, ideal for relaxing in the open air. An additional parking space is available at an additional. VAT at the super-reduced rate of 3%, subject to conditions and administrative approval. Want to know more?
Developed by Eiffage Real Estate Luxembourg, one of Europe's leading construction groups and a key player in European real estate development with innovative concepts, and Perrard Développement. Apartment lot C38, with a floor area of 75.16 sqm², comprises two bedrooms, a bathroom and a separate toilet. An entrance hall leads to an open-plan kitchen and a spacious living room, for a fluid, pleasant layout. The apartment also features a 22.04 sqm² outdoor space, ideal for relaxing outdoors. A parking space is available at an additional. VAT at the super-reduced rate of 3%, subject to conditions and administrative approval. Want to know more?
Developed by Eiffage Real Estate Luxembourg, one of Europe's leading construction groups and a key player in European real estate development with innovative concepts, and Perrard Développement. Apartment lot C37, with a floor area of 78.83 sqm², comprises two bedrooms, a bathroom and a separate toilet. An entrance hall leads to an open-plan kitchen and a spacious living room, for a fluid, pleasant layout. The apartment also boasts 17.05 sqm² of outdoor space, ideal for relaxing outdoors. An additional parking space is available at an additional. VAT at the super-reduced rate of 3%, subject to conditions and administrative approval. Want to know more?
Developed by Eiffage Real Estate Luxembourg, one of Europe's leading construction groups and a key player in European real estate development with innovative concepts, and Perrard Développement. Apartment lot C24, with a floor area of 78.52 sqm², comprises two bedrooms, a bathroom and a separate toilet. An entrance hall leads to an open-plan kitchen and a spacious living room, for a fluid, pleasant layout. The apartment also features a 22.87 sqm² outdoor space, ideal for relaxing outdoors. An additional parking space is available at a cost. VAT at the super-reduced rate of 3%, subject to conditions and administrative approval. Want to know more?