Divide property - new construction - right of way?

  • Erstellt am 2022-06-04 12:55:59

Matzl88

2022-06-04 12:55:59
  • #1
Good day,

My partner and I have the opportunity to buy the house with the land of her grandmother. This is part of an inheritance community of her mother, aunt, and uncle.

Numbers and facts:

The plot is about 13m wide and 50m long, thus 650m2.

The house stands on approximately 8x9m, with an additional 1.5m needed for the entrance, so 8x10.5m.

Built in 1955 and last renovated over 30 years ago. Oil heating from 1973, electricity only with a few screw fuses, and water through galvanized pipes, so it is completely in need of core renovation.

Except for the floor of the ground floor, all floors, i.e. the upper and attic floors, are built in wooden beam construction.

Value according to the expert used the average m2 value for the locality and thus was 360,000€. My partner’s mother would waive her part to us and with some negotiation we thus reckon the whole would cost us about 200,000€.

We just can’t get anywhere in creating a suitable floor plan for us.

Now we have considered buying the whole thing and directly dividing the plot at the house and building new at the back. This is also possible according to the development plan.

Who has experience with such an approach and can help us further?

Can a house without a garden, i.e. only with the land it stands on, be sold well?

How does it work with the obligations to install a new heating system within two years, to insulate the bottom and top floor ceilings if one does not move into the house and wants to sell it directly? Do we then have to do this as interim new owners or is it skipped over us?

Directly at the house there are still annexes such as a laundry room, old stables, and two huge tobacco sheds, which we would first have to separate from the house and demolish. How would you proceed? Are such costs manageable?

Would we then have to divide the plot across the full width of 13m and would we need an easement for a path on the plot behind, or could we keep the courtyard so that the new buyer has an easement, since the entrance is on the rear side? Or is something like this generally free to decide?

How does one do something like this with financing, assuming we would have to finance 200,000 and within a few months would get 150,000 back for the house and would then need another 300,000 for demolition of the old annexes and new construction?

I am attaching a plan. In general, we have so many questions and hardly know where to start, so please excuse if this all seems somewhat confusing and overloaded.

Kind regards

 

kbt09

2022-06-04 14:25:27
  • #2
... don't you think a site plan with the houses and surrounding properties marked would be useful to answer your question?
 

Yosan

2022-06-04 18:09:33
  • #3
So this is all very confusing. A site plan would be helpful. Whether you can sell a house in need of renovation without a garden depends on the region. Here with us, the answer would be no. But it could be different for you. Where is the house? I don’t understand your example calculation. Either you already have the 200k at the beginning as equity or you will definitely need more than 300k for demolition and new construction in the end.
 

ypg

2022-06-05 00:20:51
  • #4


What does it say in there?
And how do you interpret it?


I would be surprised if you have a plot ratio of +-0.8 or something similar.
Because that would apply theoretically to the existing property in case of a division.
In many municipalities, 650 sqm is the minimum for a detached house. This could therefore also apply to you, meaning you could only extend but not split or separate. The building authority should be able to help you professionally.
I would also like to mention another point: it would be interesting how the €350,000 value is divided. How high is the house valued? Personally, I would have no problem with the floor plan, since even a laundry room and pigsty can be converted into bedrooms and bathrooms. Nevertheless, I probably wouldn’t want to invest a single cent in this old house. It is almost 70 years old and therefore very costly to renovate nowadays. It can quickly become a money pit.
Get an old architect or building expert to take an objective look at the place.
The better plan would probably be demolition and new construction.
 

Myrna_Loy

2022-06-06 09:28:10
  • #5
You cannot imagine a floor plan with it, but you believe that someone would buy it WITHOUT any significant land? If the property were located in the middle of Schwabing or Charlottenburg, yes, then of course that would be possible.
 

K a t j a

2022-06-06 14:52:16
  • #6
I will only believe that when I see it. Please state the floor area ratio for the plot. If the existing building has no chance (which is still debatable), demolition and new construction would probably be more feasible. I estimate demolition costs at around 50K, as long as no asbestos etc. was used. New construction currently costs about 2.6 to 3K per sqm depending on the region. However, prices are currently rather volatile. It could be different tomorrow.
 

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