Questions before buying a plot of land

Hello everyone

Today we looked at a plot of land again and were very positively impressed, and now a few questions arise.

The plot currently still belongs to another plot, but in the past it was an independent plot. In my understanding, that means we just "have to put up a fence and that's it."

Unfortunately, the plot is about 1,400m2 and should actually cost 100€/m2. According to the description online and from the owner, it is only partially developed ("Water, sewage, electricity & cable TV/telephone are connected (partly on the property, partly on the street). Length approx. 60m, width approx. 20m.")

What additional costs will arise?

Real estate transfer tax 3.5% because of Sachsen
Notary fees?
Land register entry?
????

What must be considered before the purchase?

Where can we find out if we can build a city villa on it?

Where can we find out where the house has to stand?

Sorry for the many questions but we don’t want to sign blindly and then be stuck...

Go to the local building authority - contrary to widespread opinion, the staff are often motivated and competent and will certainly be happy to help.

Reference values, if nothing special is involved:
Notary fees 2%
Court fees 1%

Clarify with the building authority whether a development plan is available and have them provide it to you. If not, have them explain what is allowed or not. But others can gladly elaborate on that. Not my area of expertise.

But 1400 sqm is quite large and you write about 20m width but 60m depth. I do not assume that building is allowed throughout this depth, right? Possibly part must/will be considered as garden land, which should be significantly cheaper. At least the bank will possibly see it that way. Obtain a corresponding land value information including the explanations. There it will be stated, for example, that for larger plots a discount factor must be applied or only the first 30m depth is calculated with the building land value, and land behind that only with x euros as garden land.... but there are various opinions and explanations on how this can be handled.

Good evening,

The property currently still belongs to another property, but was an independent property in the past.

What does "was an independent property" mean?

According to the description online as well as from the owner, it is only partially developed ("Water, sewage, electricity & cable TV/telephone are connected (partly on the property, partly on the street). Length approx. 60m, width approx. 20m.")

Then the property is considered developed in common opinion.

Property transfer tax 3.5% because of Saxony Notary fees? Land registry entry?

Notary 2-2.5% Land registry approx. 1% Possibly surveying of the property – depends on what you write in response to my initial question.

How do we find out if we can build a city villa on it?

At the building planning office responsible for you.

How do we find out where the house must be located?

Also at the building planning office. If no valid development plan exists, you have to adhere to the surrounding development. That means, if there are no city villas, such a house will most likely not be approved.

Every office has public consultation hours, including the building planning office. Call and make an appointment or go during the stated office hours. The staff there will gladly answer your questions. If you treat them the way you would like to be treated, it will be a very informative conversation ;)

Rhenish greetings

Hello, ,

The property currently still belongs to another property but was in the past an independent property. In my world, that means we “just” put up a fence and that’s it.

In my world, that means your parcel must first be partitioned, i.e. costs for the property division will arise. These can be borne by the seller, but that is rather unusual or is reflected in the purchase price.

The fundamental question of whether a division still has to be carried out can be answered by any surveyor, building authority employee, or notary; in principle, you can also check this yourself using a current (!) cadastral extract: if the parcel is identifiable by boundaries (expressly not: land use boundaries!) in the cadastre and by an independent parcel number, no division is necessary. Information on this can also be found in a current (!) land register extract. Only the responsible cadastral office or a publicly appointed surveyor licensed in Saxony can tell you what costs will arise in case the division is necessary. You will need a surveyor for the construction project anyway, so it does no harm to have this question clarified by a professional colleague.

Best regards
Dirk Grafe

I thank you all for the information for now.

I have now received a few more details about the property including the cadastral map....

The property has clear boundaries on the map as well as on the property itself, which are defined by boundary stones.

Now the situation is that utilities (water, gas, electricity & telecommunications) are "only" located in front of the property in the street (estimate max. 5m from the fence).

I will now attend appointments regarding financing so that I first find out what I/we can afford without digging our own grave, as currently the equity capital is close to €0.