Investment
Building land
Parcel of land legally buildable according to spatial planning regulations.
Full definition
Building land is a parcel classified as a buildable zone by spatial planning regulations. In Belgium, prices vary enormously: from EUR 30/sqm in rural Wallonia to over EUR 500/sqm in Brussels municipalities.
Related terms
Urban planning
Set of rules governing land use planning, construction, and soil designation in Belgium.
Building permit
Administrative authorization required to build, renovate, or change the use of a property.
Property developer
Professional who designs, finances, and executes property construction or renovation projects.
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FAQ
Parcel of land legally buildable according to spatial planning regulations.