Property Management sells land to Housing Fund

This page has been automatically translated from French into English by a translation software. Automatic translations are not as accurate as translations made by professional human translators. Nevertheless these pages can help you understand information published by the City of Brussels.

   

The City council of the City of Brussels gave approval for selling the land at the corner of the Rue des Faines at Neder-Over-Heembeek to the Housing Fund of the Brussels-Capital Region. The condition is that the Housing Fund builds homes on the land.

Houses for rent and sale

Half of the homes will be for sale. The remaining houses will be rented (equal with social housing). The purchase by the Fund of the 2 areas adjacent to the parcel makes a large and coherent action possible. The City sells the land at the floor price of the estimate: 340 euro per m². Unlike the normal procedure of sales (133% of the estimated value), the selling price was not increased.