Buy property now, and build in 3 to 5 years?

Yes, that all sounds good, but with us you have to build a house within two years, that is anchored in the purchase contract for the land. Thus, the idea of saving for a long time is pointless or you simply have it.

Yes, that all sounds good, but with us you have to build a house within two years, this is anchored in the purchase contract for the land.

This "building obligation" now exists in many municipalities and cities, but only for plots of land purchased from the municipality / city.

In such cases, the municipality / city then has the right to buy back the land if no building takes place within the deadline. However, this is a right, not an obligation! In times of tight municipal budgets, of course, one can also speculate that the land will not be bought back - but personally, that would be too risky for me...

When buying from "private" sellers, this regulation is rather uncommon.

Regards,

Dirk

Hmm, where else can I look for a plot of land? There should also be the possibility to buy a plot through the town hall?



What do you mean by

Hello,

Alternatively, I would also inquire with the large life insurance companies, they currently have quite good offers, especially for longer (> 20 years) fixed interest periods.

Can I also get a loan from a life insurance company?

Regards

Hello,

You can first ask at the town hall whether building plots are currently being offered by the city or will be offered in the near future.

Otherwise, you can of course also drive/walk through the town and specifically look for undeveloped plots.

Often the neighbors know who owns the place. Then just inquire directly with the owner.

Waiting for a plot from the municipality can take several years in case of doubt...

Regarding the topic of life insurers, I have just sent you a private message.

Best regards,

Dirk

Hello,

thank you for the reply. I just spoke with a land seller. He said that single-family house plots are very difficult to get because the sellers want to build a single-family house on them directly. Is this also the experience that has been made here?

Best regards

I can sign like this.

We searched for almost three years...