ᐅ Buying Land: What Are the Crucial Considerations? Any Tips?
Created on: 7 Jun 2019 21:26
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philipp1990P
philipp19907 Jun 2019 21:26Good evening everyone, we’re hoping for strong support.
Background: My partner and I don’t feel any pressure to build a house or buy a plot of land. We wanted to take advantage of this "no pressure" situation by calmly looking at different properties until we both experience the WOW factor and then make a move.
On May 1, 2019, we inquired about a plot of land that already looked promising in the pictures in terms of location and size. We submitted our inquiry but unfortunately did not receive any response. This morning, on a whim, we decided to call the real estate agent to ask about it. She apologized and told us exactly where the plot is located. She also mentioned that she had shown the property to another interested party last week.
We jumped in the car and drove to the site... and as expected... the WOW factor was there.
We called the agent and told her we had a good feeling. She was happy but mentioned that the other interested party had also expressed interest again during a call today.
We are meeting with her alone at the plot tomorrow afternoon to talk in person.
On the way back, we spoke with the bank; financially, this is not an issue.
There is still a house on the plot that would need to be demolished.
The listing says the following:
The plot with the existing garden house is very quiet, romantic, and located at the end of a small access road. Nevertheless, all daily necessities can be reached within a few minutes, and the highway entrance is only a few kilometers away.
The garden house requires renovation or demolition. If you are planning a new house, nothing stands in the way.
The garden house looks bigger than a typical garden shed. It seems to be an old, dilapidated residential building.
It is not clear from the listing whether the plot is connected to utilities, but a telephone connection appears to be present. The telecom provider was already able to confirm what type of internet service we can get there.
Are there any important points we should urgently clarify or ask about tomorrow? Also, do you have any ideas on how we can secure the plot?
Thank you very much
Ina & Philipp
Background: My partner and I don’t feel any pressure to build a house or buy a plot of land. We wanted to take advantage of this "no pressure" situation by calmly looking at different properties until we both experience the WOW factor and then make a move.
On May 1, 2019, we inquired about a plot of land that already looked promising in the pictures in terms of location and size. We submitted our inquiry but unfortunately did not receive any response. This morning, on a whim, we decided to call the real estate agent to ask about it. She apologized and told us exactly where the plot is located. She also mentioned that she had shown the property to another interested party last week.
We jumped in the car and drove to the site... and as expected... the WOW factor was there.
We called the agent and told her we had a good feeling. She was happy but mentioned that the other interested party had also expressed interest again during a call today.
We are meeting with her alone at the plot tomorrow afternoon to talk in person.
On the way back, we spoke with the bank; financially, this is not an issue.
There is still a house on the plot that would need to be demolished.
The listing says the following:
The plot with the existing garden house is very quiet, romantic, and located at the end of a small access road. Nevertheless, all daily necessities can be reached within a few minutes, and the highway entrance is only a few kilometers away.
The garden house requires renovation or demolition. If you are planning a new house, nothing stands in the way.
The garden house looks bigger than a typical garden shed. It seems to be an old, dilapidated residential building.
It is not clear from the listing whether the plot is connected to utilities, but a telephone connection appears to be present. The telecom provider was already able to confirm what type of internet service we can get there.
Are there any important points we should urgently clarify or ask about tomorrow? Also, do you have any ideas on how we can secure the plot?
Thank you very much
Ina & Philipp
Is there a development plan? If so, does it allow for the type of building you want? What are the building boundaries? Access and utilities are not the issue; those can all be arranged. The problem would be if you are not allowed to build what you have in mind. What about contamination? How was the land used previously? Could the soil be polluted? You probably won’t be able to get a soil survey done in such a short time. Ask the neighbors if they had any problems with the ground when building.
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philipp19907 Jun 2019 21:56MadameP schrieb:
Is there a development plan? If so, does it allow for the type of building you want? What are the building lines or setback requirements? Access isn’t the issue; that can be arranged. The problem would be if you’re not allowed to build what you have in mind. What about contamination? How was the land used previously? Could the soil be polluted? You probably won’t be able to get a soil survey in time. Ask the neighbors if they encountered any issues with the soil during construction. Thanks a lot. In another listing for the same property, it says:
The garden shed is in need of renovation or demolition. If you plan to build a new house, there are no obstacles to doing so.
philipp1990 schrieb:
Thanks a lot. In another ad for the same plot, it says:
The garden shed needs renovation or demolition. If you plan to build a new house, nothing stands in the way.That doesn’t really mean much at this point, unfortunately. You should find out if there is a zoning plan or development plan for that area. Such a plan regulates many things. If there isn’t one, any new building must fit in with the surrounding properties. If the real estate agent knows their job, they should have this information for you, including details about any possible building envelope. I would never buy a plot without knowing what is allowed and what is not.P
philipp19907 Jun 2019 22:13MadameP schrieb:
That doesn’t mean very much yet, unfortunately. You need to find out if there is a development plan for the area or not. Such a plan regulates many things. If there isn’t one, any new building must fit in with the neighboring properties. If the real estate agent knows their job, they should have this information for you, including details about any possible building envelope. I would never buy a plot without knowing what is allowed and what is not. Thanks a lot for the tips, we will take these with us for tomorrow:
Is there a development plan / planning permission?
If yes, does it allow what we want to build?
What are the boundaries of the building envelope?
Are there any known contamination issues?
How was the land previously used?
Could the soil be contaminated?
What do the neighbors say about the soil?
Any other suggestions?
philipp1990 schrieb:
Located at the end of a small access road The description might even imply an outlying area. If there is a zoning plan, that usually clears things up.
philipp1990 schrieb:
The garden shed looks bigger than a garden shed. It seems to be an old, rundown residential building. That sets off alarm bells for me. Why call it a garden shed? Is something being concealed here?
philipp1990 schrieb:
If you are planning a new house, nothing stands in the way. A new garden shed?
philipp1990 schrieb:
Whether the plot is serviced is not clear from the listing. But it is located on a public road with manhole covers and valve boxes, and there are other houses on both sides?
philipp1990 schrieb:
Telekom was already able to say what kind of internet we can get there. Did you speak to someone directly or check availability online?
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