warchild
2021-03-29 16:19:37
- #1
After a long wait and search (and occasional quiet reading here), the chances are now (very) good that we (both 34 years old, married, still childless, planning up to 2) will get a plot of land – and even in our home "village"!
A farmer in the village wants to turn a pasture into building land (for quite a while already, but now it is supposed to "really" happen "soon"). We have the promise that if we want, we will get a/our plot.
We have looked at the marked one (the one directly below might possibly still be available as well, and maybe the one to the left of "ours" too):
Why exactly this plot? 6xx sqm are, in our opinion, completely sufficient, and it somehow has to be paid for as well. The one below is a corner lot with a sight triangle, somehow just not so nice.
Since PDFs are not allowed, the development plan for Verden is: Development Plan No. 1 - 28 III (very old, last amended in 1983).
Now a question to the professionals, what should/must one pay attention to? Is there anything speaking against the chosen plot?
Planned is a "normal" single-family house, approx. 150 sqm. Stylistically towards Frisian/manor house – in my opinion, that should go without problems with the development plan and fit into the village image.
If it goes well, we can buy the plot entirely from equity at first (also thanks to family), later on we would refinance part from the bank. I think I have read that this is possible (so value of the plot approx. 120-125K EUR (not quite final yet as the farmer has not received all offers for development), but in the end you only bring in 100K EUR into the total financing?) That would definitely give us a bit of flexibility.
Overall price will probably realistically be at least 450-500K EUR?
Have I otherwise forgotten anything important to consider? Any missing information?
Many thanks in advance
A farmer in the village wants to turn a pasture into building land (for quite a while already, but now it is supposed to "really" happen "soon"). We have the promise that if we want, we will get a/our plot.
We have looked at the marked one (the one directly below might possibly still be available as well, and maybe the one to the left of "ours" too):
Why exactly this plot? 6xx sqm are, in our opinion, completely sufficient, and it somehow has to be paid for as well. The one below is a corner lot with a sight triangle, somehow just not so nice.
Since PDFs are not allowed, the development plan for Verden is: Development Plan No. 1 - 28 III (very old, last amended in 1983).
Now a question to the professionals, what should/must one pay attention to? Is there anything speaking against the chosen plot?
Planned is a "normal" single-family house, approx. 150 sqm. Stylistically towards Frisian/manor house – in my opinion, that should go without problems with the development plan and fit into the village image.
If it goes well, we can buy the plot entirely from equity at first (also thanks to family), later on we would refinance part from the bank. I think I have read that this is possible (so value of the plot approx. 120-125K EUR (not quite final yet as the farmer has not received all offers for development), but in the end you only bring in 100K EUR into the total financing?) That would definitely give us a bit of flexibility.
Overall price will probably realistically be at least 450-500K EUR?
Have I otherwise forgotten anything important to consider? Any missing information?
Many thanks in advance