Building plot purchase contract / City in first rank due to self-use obligation

Irrelevant. The development plan could also be a different one, like ours. You also can’t say that construction phase A is allowed this and that more.

Good luck.

Same development plan..

Same development plan..

That was just an example showing that your comment is irrelevant.

That has nothing to do with the development plan if the seller says, You buyer only buy from me if you live there for at least five years or else a penalty. Development plans regulate building heights, floors, building boundaries, plantings, uses whether holiday apartment or not, renting or not, etc., building obligations. But here the seller additionally regulates a sales ban with a deadline to eliminate speculation or property developers. He does not do this in the development plan, but through his contractual principles K.

Isn't it a bit extreme to want to reach 1st rank for a ridiculous 11k? How do you see that? I will try to have the section III clause removed.

It is totally unusual. However, if this mini workload poses a problem for you or if the house construction is shaky, you should completely abandon the idea. It is manageable, even if unusual.

We also had to accept that; however, in our case, the city would have at least registered 70% of the construction plus land costs in the land register. That doesn't help us because we don't have 30% equity, so the bank is now in second position. Disadvantages for us: the otherwise cheapest bank did not provide the financing (because they only go along with such arrangements up to 80%) and with the second cheapest, there is a small interest surcharge because the loan-to-value ratio is overall worse. Additionally, we end up just over 400,000 in loan amount, which is annoying because the bank requires an appraisal above that threshold. If we had known this earlier, we might have reconsidered whether we could have managed with 1,000 € less in one place or another, but well, that's just how it is now. We also tried to open a pledged savings account, but none of the banks wanted to do that. Ultimately, it would have been more expensive anyway because then you have to borrow the money more, which also worsens the loan-to-value ratio, but then you also have to pay interest on the money. TL;DR: Alternatives are not more attractive either and it's not really that terrible.

We have an equity ratio of 70% but still I find that simply cheeky from the city. Now I have also learned that in the 2nd BA in which this property is located, people also were not included in the contract.