Suarez
2018-11-01 21:02:20
- #1
Hello everyone,
I have had the opportunity to purchase a building plot in our municipality for a few days now and am uncertain about the matter because the municipality demands a contractual penalty of 100 euros/sqm in case the plot is not occupied by the owner for at least 10 years after the completion of the building. Since in this particular case it is about around 600 sqm of building land, this would be a considerable amount of money in the worst case.
Of course, I want to move into the house to be built myself later and do not plan to resell within the next 10 years (otherwise I would hardly go through the huge effort of building), but who knows what eventualities the next x years will hold.
I would therefore be interested to know whether you had similar requirements from the municipality in your land offers, what they roughly looked like, and whether they ultimately deterred you from purchasing. Maybe there is also a case of someone who had to pay the contractual penalty in full or in part.
I have had the opportunity to purchase a building plot in our municipality for a few days now and am uncertain about the matter because the municipality demands a contractual penalty of 100 euros/sqm in case the plot is not occupied by the owner for at least 10 years after the completion of the building. Since in this particular case it is about around 600 sqm of building land, this would be a considerable amount of money in the worst case.
Of course, I want to move into the house to be built myself later and do not plan to resell within the next 10 years (otherwise I would hardly go through the huge effort of building), but who knows what eventualities the next x years will hold.
I would therefore be interested to know whether you had similar requirements from the municipality in your land offers, what they roughly looked like, and whether they ultimately deterred you from purchasing. Maybe there is also a case of someone who had to pay the contractual penalty in full or in part.