ernie250
2019-11-05 21:16:04
- #1
Hello everyone,
I would be happy if someone could shed some light on this. So far, I haven’t found anything suitable in forums...
The following situation:
The field of an acquaintance (3300 m²) is located in a future development area. The development plan is drawn up but not yet adopted. This is supposed to happen shortly once the municipality has acquired enough area.
The purchase contract from the municipality is already available to the acquaintance, €30 per m². He has no interest in building plots and would sell to the municipality. He also does not want to divide the property, as he has already sold 2 other properties.
Since I am looking for a building plot, it is planned that I buy the property at a slightly higher price, e.g. €35/m². Conversations have already taken place between me and the municipality; however, this option is not their favorite...
The municipality plans development costs of €100-120, and the price of the building land is €180-210.
Several questions remain open for me:
Thank you in advance for your effort.
ernie
I would be happy if someone could shed some light on this. So far, I haven’t found anything suitable in forums...
The following situation:
The field of an acquaintance (3300 m²) is located in a future development area. The development plan is drawn up but not yet adopted. This is supposed to happen shortly once the municipality has acquired enough area.
The purchase contract from the municipality is already available to the acquaintance, €30 per m². He has no interest in building plots and would sell to the municipality. He also does not want to divide the property, as he has already sold 2 other properties.
Since I am looking for a building plot, it is planned that I buy the property at a slightly higher price, e.g. €35/m². Conversations have already taken place between me and the municipality; however, this option is not their favorite...
The municipality plans development costs of €100-120, and the price of the building land is €180-210.
Several questions remain open for me:
[*] Am I at risk from the municipality’s right of first refusal? The city would have to pay at least the same price for this, right?
[*] Does anything change regarding the right of first refusal once the development plan is in place and official?
[*] If I want to keep a plot of 700 m² and give the rest to the municipality, do I have to subtract 1000 m² because 30% are also lost on the own property due to the apportionment procedure?
Thank you in advance for your effort.
ernie