11ant
2024-10-27 16:18:12
- #1
OK, so one can say that the general contractor/land seller wants to secure himself by setting a proportionally higher value for the land in the contract (the standard land value for the construction site is 220EUR/m2). Well, that’s not exactly a plus point regarding the risk of default for the general contractor.
In the Graf Lerchenfeld building ruin settlement , they did it this way, setting the land portion of the price so high that for the development of the "rest" of the money, several developers consecutively threw in the towel.It is one way to recover excessively high land purchase costs (for the seller/project developer) from the past. Regarding this division and the called construction costs, I wouldn’t even consider the project in the first place. Because you buy the land first, if I understand you correctly. And then the money is gone. The only thinkable way: a linked contract where both prices (land/house) are paid only after completion.