ᐅ Dividing a Plot of Land – What Is the Best Approach?

Created on: 2 Dec 2019 14:20
K
kaho674
kaho6742 Dec 2019 14:20
Hello,
I believe I have asked you a similar question before, so please excuse me if I repeat some points. The situation might be becoming more concrete now, so we are starting from the beginning.

We have a plot of land (aAdW), for which there may be a potential buyer (a daylight house from Town & Country seems to be the preference). The plot measures 2765m² (29,742 ft²) and has a very irregular shape. The client only wants part of it – understandably. We would agree to a subdivision as long as at least two relatively equivalent, buildable plots result. The current negotiation price is €29/m², although there is a kind of cellar/pit/foundation that would need to be removed, which naturally lowers the price.

Attached is the site plan (all oriented north). The blue area marks the existing access road. At its end, there are also two garages, but they would probably be demolished anyway, as they look very unattractive. Apart from that, there are no buildings on the site.


Plot outlined in red, irregular shaped next to yellow road; grey buildings around.


Access has only been possible from the street on the south side so far. To the north, it is probably all private property – including the supposed small road (Dorfstr.) that borders the site there. Whether access from that side is possible still needs to be checked. So far, it looks unlikely, partly due to the elevation changes, which brings me to the second map:


Map view with red parcel outline on yellow background, surrounding roads and buildings.


The entire northern part is a poorly buildable hollow/slope. It drops steeply—if I’m reading it correctly, about 4m (13 feet) downhill from the village road. It is difficult to access and rather unattractive. The small hill by the street in the south, by contrast, could be easily removed and would probably be leveled.

So far, the only subdivision that comes to mind is this one:


Map view: red outline area with question mark, two blue buildings, pink connecting paths.


However, the northern hillside area would only be accessible from the north and really only suitable for sheep farmers. My dad suggested a lift might be an option.
If it is added to the middle area, it probably wouldn’t sell. Demand here is rather limited. Dividing the plot lengthwise doesn’t seem effective either in my opinion. A subdivision across the middle is also not very attractive since the northern buyer would then have this corner extending into their property on the west side. But that option might still be possible:


Map view of a plot with red outline, blue building areas, and pink access roads.


Does anyone have ideas or suggestions? What would you do? In the end, it’s all a matter of price, but we’d rather not give it away. We’d prefer to keep growing the forest there instead.
Y
ypg
2 Dec 2019 14:24
kaho674 schrieb:

We have a plot of land (aAdW),
absolute clearance sale of the week?
kaho6742 Dec 2019 14:31
at the A*** of the world
Y
ypg
2 Dec 2019 17:37
ypg schrieb:

absolute clearance sale of the week?
kaho674 schrieb:

in the middle of nowhere


Somehow the same thing.
Y
ypg
2 Dec 2019 17:47
Having around 60,000 more or less—whether you have it or not. No matter how much brainpower you put into dividing it up, it won't be more than that.
I would recommend the latter option. Give the northern tip/slope as a gift to the northern plot (which is mentally the middle one for you). That way, you will be free of all concerns.
kaho6742 Dec 2019 18:03
ypg schrieb:

Somehow the same anyway

I thought so too.
ypg schrieb:

Having or not having around 60,000. No matter how much brainpower you put into dividing it – it won’t get any higher

It wasn’t really about maximizing profit. We’re actually wondering how to divide it best so that everything is sold and nothing remains because it’s unsellable.
ypg schrieb:

I would recommend the last option. The northern tip/slope goes as a gift to the northern (which is mentally the middle for you) plot. Then you’re free of all worries.

And then make the front one more expensive and the back one correspondingly cheaper?