Develop building land. Profitability test for beginners?

how did you figure that out?!

why are you accounting the 8€ farmland? I already own the land - or are you calculating from the perspective of a developer who buys the land from me?
Otherwise, there would be about 10€ profit!

Mottenhausen is just our scout. Yes, the calculation referred to the developer. You definitely won't have development costs like he does. No contacts, etc. Sometimes just let it go.

mhm... this is all quite frustrating!
Thank you all very much for taking the trouble to help me!

one last question came to my mind:
how do you know so exactly what the development costs per sqm are for you?

The development costs for the property are stated in the purchase contract with us. (Die Grunderwerbsteuer hat's gefreut). Since the whole thing comes from the municipality, it is certainly possible to do it much cheaper. But.. in our case, there were also expenses in the entire new development area, for example, due to nature conservation – which alone were sometimes over half a million euros...

mhm... this is all quite frustrating! Thank you all very much for taking the trouble to help me! One last question came to my mind: how do you know so precisely how much the development costs per sqm are for you?

Partly professionals around or attentive readers

this is all pretty frustrating!

Owning land is not frustrating.

However, it can still be helpful to call a few large civil engineering companies in the region and briefly ask if they would develop a residential area. If yes, meet with them and have a rough cost estimate prepared. Such an offer costs nothing (unlike an appraisal) and you will have an idea of the approximate costs. Once you are there, make an appointment with the municipality and discuss the future development in a bit more detail. That also costs nothing, but you will know whether it is even a possibility. For example, if elections are coming up next year, no one wants to upset the residents and initiate major construction projects. The established residents are always afraid for their peace and idyll.

On the other hand, if the municipal coffers are empty, the chances increase, since the municipality always profits from such projects...

With us, I come to €180 per sqm just for the development ...
Certainly the upper end - near Frankfurt Main

We have a developed PURCHASE price of €105/sqm, and that is the more expensive corner of the area, and not far from here an area is being sold for €26.50. It must be possible to be cheaper.