150 Euro / sqm development costs = realistic or usury?

A development project is publicly tendered, depending on the volume even across Europe. There is a specification sheet and the companies submit an offer. The municipality usually accepts the lowest one. So there is no question of usury, that is simply the market. And development is not the same as development. If extensive public spaces are designed and things like retractable waste collectors, designer street lamps, and parks have to be created, that just costs more than just some asphalt, sewer, and electricity. €150 development is also quite normal for us, here the plots now also go for (low) four-figure amounts/m². You will really have to change your attitude if you want to make something out of building. I can certainly understand you, at the beginning of my 'real estate phase' I felt similarly. But you will come to the realization that you either play along with the given rules or you will simply remain renting. But I believe that may take a few more years for you. However, you really don't have that much time, if I correctly deduce your age from your username.

There can truly be no talk of usury.

I can certainly understand you, at the beginning of my 'real estate phase' I felt similarly.

The OP has already been involved for 2 or 3 years (among other things with another nickname) In this respect, I do not believe that more "serenity" will ever enter the mind :cool:

There is truly no question of usury. The OP has been around for 2 or 3 years (among other things with another nickname) Therefore, I do not believe that any more "composure" will ever come into his mind :cool:

Irony on: "Somewhere you have to be allowed to vent. Why not in a forum." ;)

Irony on: "Somewhere you have to be allowed to vent. Why not in a forum." ;)

All good. But then you can no longer consider yourself naive :cool:

A little update from yesterday's information session... :( ... the development costs are now even stated as 200 euros/sqm... :oops:o_O:mad::eek: that means for a 280sqm plot you have to pay 56,000 euros for something that doesn’t belong to you but you still have to pay for, which in the case of the streets everyone else can use for free.
If you then sell your little house in about 20 years, I doubt that the people (buyers) will pay the 56,000 factored in, or even if they do, the municipality can step in because you have exceeded the market prices. I am speechless. :eek:

For that money, you can already get a decent used Ferrari. Incredible!