Engel & Völkers
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Development plot of 74a66ca – Strassen – PAP “Kiem”

€9,332,500
  • ~7,466 m² Plot surface

Description

Engel & Völkers is offering for sale a plot of 74a66ca located in Strassen. The parcel is classified as SPEC-ad zone (special zone “Administration”) and the master plan “Kiem” foresees an allocation for “commercial / services”. Strategically located between Rue du Kiem and Val Sainte-Croix, along the future tram line and Boulevard de Merl, this parcel is intended for administrative or professional services, commercial activities, leisure activities, hotels, or restaurants. For the development of the parcel, the establishment of a PAP for this plot is required. 25% must be ceded to the Commune of Strassen. Art.7.1 of the PAG: The “special zone – administration” is intended to accommodate administrative or professional services, commercial activities with a maximum sales area of 10,000 square meters per building, leisure activities, hotels, restaurants and bars, public service facilities, small and medium-sized establishments, as well as recreational activities and open spaces corresponding to all these functions….” Price for 74a66ca: 9,332,500€ (125,000€/Ar). Do not hesitate to contact us for further information.
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Engel & Völkers Luxembourg MMC

Your advisor: Matthias May

Property ID: W-02YLFG

Property details
  • Object type

    Other

  • Plot surface

    ~7,466 m²

Location: Strassen, Luxembourg

Land use ratio for “Kiem Part 3”: COS: 0.50 CUS: 1.45 CSS: 0.70 DL: 0/0 The future project must be planned in such a way as to create a screen between the tram corridor / Boulevard de Merl to the east and the residential area to the west.

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