Land purchase through a bidding process - What is the final price?

I assume that living in a neighborhood determined by points is also more pleasant. Unfortunately, I don’t know of any development area nearby where properties were sold via a bidding process. But I would really like to take a look at who builds how there.

I can tell you. In a village near us (about 10 km as the crow flies from the "upscale district"), plots were sold. On a bidding basis.

The people who previously lived in the "upscale district," or owned property there but want to leave the city, sell their house at a profit and thus take away the building plots from the young families in the village... I think a bidding basis is pure rubbish!

We "won" our property in a bidding process. As some previous speakers suggested, we compared prices in the area with a similar location (the standard land value is about 40% below the market price, so it is no use here) and then placed the first bid at the lower end. 2 rounds were announced beforehand. In the first round, we were—unsurprisingly—outbid and then bid the amount that was the maximum value for us or what the total budget allowed, and fortunately received the contract. In our case, however, we still ended up within the absolutely typical market range—despite being in a big city—and only realized afterwards how lucky we were.

Are plots of land really that scarce where you are? In the municipality where the plot of land mentioned here is located, there are plenty of plots, just not in the location, plot conditions (the plot mentioned here is level, not on a slope, which is anything but a given in the municipality, and has a great distant view). There are 5 plots listed on classified ads alone, but all on slopes. I hope that despite the actually many available plots, it won’t be that expensive.

About 50 km south of Berlin. Plots of land are very scarce here, as, among other things, Berliners want to move from the big city to the village/small town, and the plots at €240 / sqm are still cheaper than in and around Berlin.

Here, individual ones (the "better" ones) are also allocated through a bidding process. The rest are allocated depending on the construction area by a lottery or allocation criteria. As far as I can see, there is only one bidding round, so you really have to think about what you bid....

Municipality X is offering a plot of land through a bidding process.

Do you really want to settle with your vote and your taxes in a municipality that confuses modern administrative action with gambling capitalism?

It has nothing to do with gambler capitalism. There simply is no fundamental right to a single-family house. And the municipality is, of course, also obligated to manage its budget. And that is achieved with this. High prices mean high revenues. They mean high real estate transfer tax. That means people with purchasing power in the municipality. That CAN mean: good public facilities like a swimming pool, library, youth center, day care centers, etc., etc. And if you want to effectively prevent rising rents, cheap plots for single-family houses are also not the means of choice.