Building plot with lake view and approved project - Lake Maggiore

Just a few minutes from Luino (Lake Maggiore) and the Swiss border, in a panoramic and sunny position, we are offering for sale an important building area included in the ATR4 Transformation Area, already definitively approved by the Municipal Council Resolution, with the Urban Planning Agreement ready for signing.

Main features of the plot

• Total area: approx. 20,000 m²
• Area in the ATR4 Implementation Plan: 8,400 m²
• Residential volume allowed by PGT: 8,200 m³
• Volume in the approved plan: 8,050 m³
• Maximum building height: 10 m
• Coverage ratio: 30%

Approved project (modifiable within PGT limits)

• 3 residential blocks on three levels for a total of approx. 24 apartments (one- and two-bedroom units)
• 4 independent villas on two levels
• 30 covered and 16 uncovered parking spaces
• Large terraces, private gardens, and high-quality common areas
• Refurbishment and upgrading of the public beach
• Green areas and public parking spaces (367 m² transferred to the Municipality)
• Condominium pool and landscaped communal areas integrated into the natural surroundings

Urbanization and costs

• Urbanization works and quality standards: approx. €110,000
• Standard monetization: approx. €150,000
• Estimated planning fees: primary €45,000 – secondary €70,000
• Estimated construction cost contribution: €150,000

Timeline

• Building permit obtainable in approx. 6 months from signing the agreement
• Possibility of development in two independent sectors (A and B)
• 10 years validity for completion of works from the signing of the agreement

Key strengths

• Panoramic location just minutes from Luino and Switzerland
• Flexible project: possibility to customize building type while maintaining approved volumes
• Ready-to-build investment: planning process already completed, agreement ready for signing
• Protected landscape setting with strong appeal for the high-end residential and tourist market

Opportunities and negotiation terms

The guaranteed partial exchange (in properties and/or portions of the area with a shell construction contract) will be considered an important element in the negotiation.

As already stated, there is full willingness to consider various forms of cooperation with potential clients or investors, either directly or through development partnerships.