Buildable Land at auction in Legnano (MI) - Lot 8

AT AUCTION Buildable land in Legnano (MI), Via Novara - COLLECTION OF OFFERS

The buildable land at auction is located in a semi-peripheral area west of the municipality’s historic center, from which it is 2 km away; in a new expansion area with a predominantly residential use, with nearby services such as the new Legnano Hospital, shopping centers and stores, public and private offices. The area is well connected to neighboring municipalities thanks to surface public transport and the FNM railway network (Ferrovie Nord Milano). The area is located 6.2 km from the Autostrada dei Laghi, 20 km from Malpensa International Airport and 15 km from the new Rho-Pero exhibition center.
The area is subject to an Implementing Plan and is part of a project involving multiple parties; nevertheless, the implementing parties are granted the possibility to build by lots, subject to the completion of the Urbanization Works.
The buildable land at auction corresponds to Lot no. 5 of 4,725 sq m. Also included in the sale are additional parcels indicated in the appraisal relating to the urbanization works of which the company in the proceedings owns a share of 27,760/100,000. 
The Territorial Government Plan (PGT), approved on 25.10.2011 with City Council resolution no. 100 and in force since 18.01.2012, includes the area in question within the C areas for completion of the consolidated fabric, subject to implementing planning.
The main intended use is residential. Compatible and complementary with this use are:
a) tertiary-sector activities;
b) public venue/business activities;
c) retail trade activities, under the conditions imposed within
the specific regulations;
d) functions related to the production of tangible goods and services.
The implementation of the interventions is subject to the approval of an implementing plan extended to the entire area outlined within the plan mapping, whose planning guidelines are contained in the specific
regulatory appendix.
On 21.09.2020 the agreement previously signed with the Municipality of Legnano expired. Nonetheless, the vocation for residential buildability remains.
It should be noted that another 6 developers participate in the entire sector.

Land Registry of the Municipality of Legnano, Sheet 19
Parcels 1214 - 1217 - 1218 - 1219 - 1220 - 1221 - 1222 - 1226 - Full Ownership
Parcels 1195 - 1201 - 1207 - 1211 - 1216 - 1229 - 1237 - Ownership for the share of 27760/10000

For further information, please consult the appraisal and the attached documentation.