What to consider when buying property from a private individual?

  • Erstellt am 2024-02-03 09:45:57

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2024-02-03 20:25:01
  • #1
The standard land value provides a first indication of what the property might be worth (usually accessible online). What is allowed to be built on the property? A plot on which one is permitted to develop the entire area with three floors is significantly more valuable than – all else being equal – a plot on which one may only build on 30% of the area with one floor.
The development plan can possibly also be viewed online; a architect will be able to give a more precise statement.
One should definitely review the land register excerpt. And one should have a basic understanding of what is stated there, for example, which encumbrances may be registered. Furthermore, it is advisable to conduct a soil survey before purchase so that one (or a professional) can assess which costs may additionally arise during construction. For example, an unfavorable soil class can considerably increase the cost of building a basement.
 

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