Hello everyone,
After still being unsuccessful in finding a plot of land (I just received a rejection yesterday), and considering the decision of the local council, where chances from outside seem quite limited, I also attended a new construction project. The contractual setup is, as I have mentioned in one of my previous posts, the same again: the owner sells the land, a planner must be paid separately, and a production house provider builds the house (a network where each party earns some extra). Basically, a lot fits: the development seems well planned. The location is ideal for me: infrastructure, proximity to work, schools, etc. There are between 6 and 10 terraced houses planned, depending on size, arranged around a corner with a courtyard (greened), which sounds good at first.
But now there is one thing I am really concerned about: the owner is building an underground garage with direct access to the basements (it is planned that each house will have 2 parking spaces in the basement, meaning about half of the basement space is allocated to the garage). The garden is completely above the underground garage. A soil layer of 60cm (24 inches) is planned. How is this supposed to work with plants and, especially, rainwater? How will the water drain? What makes me a bit uncertain about the project: you basically buy the land, including the basement and underground parking space, from the owner (only via notarized purchase contract). Then the house comes separately from the production house manufacturer (fixed building contract)...meaning I am the client. What should I watch out for here? If the rainwater drainage and sewage system are not fully taken care of, I will end up with puddles in the garden. I also think it will probably be difficult to grow plants. It will likely be limited to some shrubs and lawn area. Maybe a small fig tree or something. I might be able to live with that. The plots are not big anyway, and what do you really want to plant in a row house garden? Of course, a building plot would have been better. But you just don’t get any of those here anymore.
Oh, and the cost for the project is between 600,000 and 650,000 (depending on the plot size between 200 and 250 sq m (2,150 and 2,690 sq ft)), but about 35 sq m (375 sq ft) of communal area still has to be deducted.
Thank you in advance for your opinions.
After still being unsuccessful in finding a plot of land (I just received a rejection yesterday), and considering the decision of the local council, where chances from outside seem quite limited, I also attended a new construction project. The contractual setup is, as I have mentioned in one of my previous posts, the same again: the owner sells the land, a planner must be paid separately, and a production house provider builds the house (a network where each party earns some extra). Basically, a lot fits: the development seems well planned. The location is ideal for me: infrastructure, proximity to work, schools, etc. There are between 6 and 10 terraced houses planned, depending on size, arranged around a corner with a courtyard (greened), which sounds good at first.
But now there is one thing I am really concerned about: the owner is building an underground garage with direct access to the basements (it is planned that each house will have 2 parking spaces in the basement, meaning about half of the basement space is allocated to the garage). The garden is completely above the underground garage. A soil layer of 60cm (24 inches) is planned. How is this supposed to work with plants and, especially, rainwater? How will the water drain? What makes me a bit uncertain about the project: you basically buy the land, including the basement and underground parking space, from the owner (only via notarized purchase contract). Then the house comes separately from the production house manufacturer (fixed building contract)...meaning I am the client. What should I watch out for here? If the rainwater drainage and sewage system are not fully taken care of, I will end up with puddles in the garden. I also think it will probably be difficult to grow plants. It will likely be limited to some shrubs and lawn area. Maybe a small fig tree or something. I might be able to live with that. The plots are not big anyway, and what do you really want to plant in a row house garden? Of course, a building plot would have been better. But you just don’t get any of those here anymore.
Oh, and the cost for the project is between 600,000 and 650,000 (depending on the plot size between 200 and 250 sq m (2,150 and 2,690 sq ft)), but about 35 sq m (375 sq ft) of communal area still has to be deducted.
Thank you in advance for your opinions.
H
HubiTrubi4024 May 2021 18:57ypg schrieb:
This might be a starter property for you, and you might change your mind later, so you sell it again.I would like to know about that. For example, if I decide to buy something else in 2 or 3 years (which is rather unlikely, of course), can I just sell it without any problems? Won't the bank charge me a prepayment penalty, or is it theoretically possible to transfer the mortgage? You would probably make a loss anyway, since you need to recover additional purchase costs somehow (ideally, this would already be factored into the price development).
Could you please tell me where your project can be found? Feel free to send it by email as well; my address at GMX (DE) is the same.
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
@11ant Google postal code with x=1 + Gussek house, a result appeared quite high up on immowelt ;-)
Edit: We are currently buying one of these legendary and often criticized condominium properties and see it as a starter home. When the child is expected to move out, there will definitely be something else. Our outlook, however, is clearly longer than 2-3 years. Who wants to put themselves through that stress again in such a short time? 🤨
Edit: We are currently buying one of these legendary and often criticized condominium properties and see it as a starter home. When the child is expected to move out, there will definitely be something else. Our outlook, however, is clearly longer than 2-3 years. Who wants to put themselves through that stress again in such a short time? 🤨
minimini schrieb:
@11ant Google ZIP with x=1 + Gussek house, and there was a match quite high up on immowelt ;-) Thanks, with that I probably found several listings that also contain the text excerpt quoted by Yvonne. However, all of them are largely uninformative, starting with a picture of a semi-detached house even though terraced houses are mentioned. The three floors mentioned usually refer to the ground floor, first floor, and attic in comparable properties. In particular, I do not read any indication of a passage from a private basement to the communal underground garage anywhere. The heat pump is described as if each house has its own—so no combined heat and power plant like in some community housing systems. It also always refers to plots of land, not to exclusive-use areas. The vague wording about participation in design could mean anything or nothing, so possibly only whether the kitchen is open or closed, or has a pass-through, a partition wall between room K1 and K2 yes or no, or for example an optional bathroom or storage room in the attic.
minimini schrieb:
Edit: we are currently buying one of these legendary and much criticized community homes I do not perceive them as “much criticized.” I point out at every opportunity that this model has been executed many times and reference properties can be found nationwide, so there is no need to have nightmares about whether and what concerns might be connected with it. For exactly this situation,
minimini schrieb:
and also see this as an entry-level property. When the child eventually leaves, there will certainly be something else. these are excellent compromises to a fully custom single-family house (which unfortunately would only be ready when you no longer really need it). On the other hand, there are also buyer/developer types whose ideas of individuality do not peacefully align with terraced houses—regardless of whether they are treated as single-family homes or as vertical flats. The properties are not to blame for the fact that one must critically assess whether one “is the type for this” or could at least imagine this medium-term.
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
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