Build a multifamily house as private individuals?

Hello, I have found an interesting plot of land on which a house with 8 apartments can be realized. Suppose I find 7 other families who would also move into the house. Is that theoretically feasible? I imagine it would not be easy to collect the money for the plot of land from everyone together. Who can I turn to? Thank you!

You can contact developers, architects, or housing cooperatives. They often also help with finding other construction partners. There are also many project offices that do such things. In the final price, you pay their salary somewhere along the way. If you want to organize all of this yourself: good luck.

If you want to organize all this yourself: good luck.

I don't even ask myself that question.
But if I turn to (property developers, architects, or housing cooperatives), do they also take care of the financial (collecting money for the landowner/construction company) and the legal (dividing the property) part?
My ideal scenario: I go to someone and say: I want this plot of land and want to build on it. He does everything and I pay him (preferably at the end).
Who is this "someone"?

Simply put: You need a dummy who calls themselves an equity investor and also takes on the risk! That does not work in real life. What experience do YOU bring? How much capital for the project development do YOU bring? What risk or liability can YOU assume (cost overruns, sale of the apartments, etc.)? So why should anyone carry out this project with you? If you can answer all the questions well, there will always be people/institutions and especially banks that will pre-finance the project for you.

You can go to a property developer with your project (you can find some well-known names online) and present it. They calculate it internally, and if they make a profit, they will implement it. Then you are one of eight and buy an apartment from them. They do the rest (Eigentümergemeinschaft, notary contracts, common areas, etc.). You just have to find and convince a developer. I don't see it as pessimistically as nordanney. Give it a try. I personally would first go to the local housing cooperative with such an idea; they know the local market and know exactly whether it is feasible.

Hello Wastl, then it doesn’t make sense for TE anymore and he can directly buy a condominium there where he likes it. With your suggestion, the earnings go 100% to the developer...