Value of a property in a landscape protection area?

Wasteland is also relative. TE comes from Bavaria. That means the property is located in a densely populated and civilized region, half an hour from the next big city. "Wasteland" for me is, for example, eastern corners in Brandenburg, etc.

That means the property is located in a densely populated

Well, Bavaria is also one of the sparsely populated regions in Germany (in terms of inhabitants per square km), because it is extremely large. You will find a lot of flat land there. The OP just says, half an hour to the city – a city can also be quite small and the next big city far away.

Half an hour to the next bigger city. Sorry that I’m a bit reserved about giving more precise details, but I don’t want to make sure it gets sold as quickly as possible myself.

Officially, it’s considered a wasteland. But clearly, a wasteland in Mecklenburg-Western Pomerania is probably more isolated than one in Bavaria.

I wouldn’t buy that thing either. A wreck with tenants in the middle of nowhere with no prospect for development – there’s surely no line of buyers now.

Yes, that’s what I’m hoping for.


So, the conversation was yesterday. It was basically alright. As I already suspected, the owners’ initial price proposal was based on the fact that they themselves hadn’t really thought much about it or researched any facts. I calculated it as suggested here, partly using the official land value for outdoor areas and the rest as green/arable land plus an estimated amount for the little witch’s cottage. That this is probably the real value considering building law restrictions and the building’s condition, and now it’s simply about how much more someone is willing to pay for sentimental reasons.
They agreed with my calculation and said, yes, that is probably the case.

They’re now doing a fact check regarding my calculation and how things proceed remains open in all directions for now.
But probably there will be a winter break first, or at least a few months.

But I’m already glad they didn’t say right away, no, we don’t need to talk further with these numbers. There are plenty of such owners.


Yes, to explain again why I want to put myself through this (which, as I said, I would only do up to a certain amount). Precisely because I like it here, there are many memories connected to it, so much individual work and time invested. And it’s also extremely uncertain what I would find afterwards. I also don’t have much motivation to invest so much time again in something new.
Yes, it sounds a bit like the Concorde effect. But unlike that, I don’t want to continue something just because I have already invested so much in it but actually don’t like it. No, I do like it here.


Anyway, many many thanks to everyone who gave me valuable info and a feeling for such a topic here. The whole discussion has really helped me prepare consciously and mentally for the conversation.

If the story continues, I’ll report back.

Yes, once again why I want to put up with this here (which, as I already said, I would only put up with up to a certain amount). Precisely because I like it here, many memories are connected with it, so much individual work and time is invested.

And what would change if you continue to rent there? Nothing, except that you have more money in your pocket and don’t have to go into debt or spend your savings on it.

I look forward to a positive continuation of the story for you!

Hello

interesting thread.
A few pages ago, I already had the thought: (perhaps it has already been mentioned) is the building actually legal? Is it a residential house? At the latest upon sale, this question will arise. Or shortly after. And a demolition order, shortly after the entry in the land register, is certainly not what the thread starter wants.

Steven

A few pages ago I already had the thought: (maybe it has already been mentioned) is the building actually standing legally? Is it a residential building?

The owners had the building permit with them yesterday. So in that regard, everything is okay.

And what would change if you continue to rent there? Nothing, except that you have more money in your pocket and don’t have to go into debt or use up your savings.

Yes, as I said, I myself wouldn’t have brought up the issue of a change of ownership. But the owners just want to get rid of it. And as mentioned, I would very much like to stay here. So the only options are to buy or continue renting by agreement, possibly with a rent increase and appropriate protection so that if a very wealthy buyer suddenly appears, I don’t have to move out.

Although rent increase is also a tricky subject. Depending on the minimum purchase price the owners want and the amount of rent increase, the option to continue renting is not necessarily the better solution. If the total rent paid over the next 15 to 20 years approaches the desired minimum purchase price (+ expected maintenance costs and ongoing operating costs over these 20 years), then I actually prefer buying.
As I see it, that would be the case if the rent were increased by more than 100 euros, at the latest when it is increased by 150 euros.

Looking forward to a positive continuation of your story!

Thank you very much.
As I said, I will report back then...