Development costs? I need professional advice, please...

Good morning, :)

a quick question for those who know exactly:

When demolishing an old building and subsequent new construction on the same plot... are development costs incurred? If yes, are they the same amount as in a new development area?

Looking forward to answers :)

If the previous owner paid all development costs at the time: No. Corresponding information can be found in the notary contract.

All utilities, on the other hand, are already on the property in the event of the demolition of an existing building. However, it "can" happen that the sewer pipes are too old - still made of porous clay - and therefore need to be replaced. The responsible utility provider - usually the civil engineering office - can provide information on this.

Rhenish greetings

Some people also confuse development costs with the utility/connection costs: these of course occur again. Applies to gas, electricity, water, and telecommunications.

Hello,

as Yvonne has already written, no development fees will be added.

What costs may still arise for you:

- Sewer connection on the property is not deep enough for the new house: => lifting station or new sewer connection in the street

- The power grid operator uses the demolition as an opportunity to switch to underground cabling instead of rooftop poles.

- ...

It is therefore advisable (from my own experience) especially with demolition plots to have a few extra euros ready for suddenly appearing surprises.

Regards,

Dirk