Examination of the property developer - what is important?

Hello,

I have been following for a while and am now myself "in the process" of building.

I was interested in how the experienced house builders have "tested" their developers? That means, checked whether they are even economically capable of "surviving" large construction projects with multiple semi-detached houses?

I am interested in a semi-detached house and the GmbH behind it was only founded 5 months ago. Behind that is another company with the same shareholders, about 3 years old.

It doesn't mean anything at first, but it seems as if they want to outsource the risk. Possibly, this is not "cause for concern".

That means, checking whether they are even economically capable of "surviving" large construction projects with multiple semi-detached houses?

There is absolutely no chance for you to verify that. You can only look into the past and ask for references. Otherwise, it is common practice to establish an SPV for a project and thus be able to finance it without liability. Developers have the advantage for you that they are bound by the real estate agent and developer ordinance and cannot simply squander your payments.