Hello dear forum members,
I already posted a thread in 2017, and we are still deciding what to do.
Back then, we were considering building on my parents-in-law’s property. The existing barn would be demolished and replaced with a new building.
I have already checked with the local building authority, and both the demolition and the new construction would be approved with certain conditions (setbacks from the parents’ existing house and the neighboring building).
A plot subdivision (parcel division) would also need to be carried out.
My father-in-law would cover the demolition costs (I had a preliminary discussion with a prefabricated house company that dealt with a similar case, and the demolition there cost around 30,000 euros, including connections).
Currently, there are three other interesting plots available, each about 750 m² (8,070 ft²), which would have to be developed within three years. These plots are serviced and cost approximately 39,000 to 40,000 euros each.
I feel very conflicted because I think there would never be full privacy there.
Additionally, my parents are against us building there, as they say that in the event of a breakup (whether we marry beforehand or not), I would be left responsible. Then my partner would have to pay the mortgage alone and buy me out. There is not much equity from either side (about 25,000 to 30,000 euros each).
What would you advise me as a neutral party?
I already posted a thread in 2017, and we are still deciding what to do.
Back then, we were considering building on my parents-in-law’s property. The existing barn would be demolished and replaced with a new building.
I have already checked with the local building authority, and both the demolition and the new construction would be approved with certain conditions (setbacks from the parents’ existing house and the neighboring building).
A plot subdivision (parcel division) would also need to be carried out.
My father-in-law would cover the demolition costs (I had a preliminary discussion with a prefabricated house company that dealt with a similar case, and the demolition there cost around 30,000 euros, including connections).
Currently, there are three other interesting plots available, each about 750 m² (8,070 ft²), which would have to be developed within three years. These plots are serviced and cost approximately 39,000 to 40,000 euros each.
I feel very conflicted because I think there would never be full privacy there.
Additionally, my parents are against us building there, as they say that in the event of a breakup (whether we marry beforehand or not), I would be left responsible. Then my partner would have to pay the mortgage alone and buy me out. There is not much equity from either side (about 25,000 to 30,000 euros each).
What would you advise me as a neutral party?
P
pagoni202019 Jun 2020 14:27.....and that’s where it starts.....You want to be the building owner, so you have 100% rights and the same responsibilities. For renting or temporary situations, yes, but no one knows what life will bring. From me: NO