ᐅ Found a plot of land but it’s too large – looking for a building partner
Created on: 10 Apr 2025 13:01
M
MT_Berlin
Hello,
I hope this is the right forum for this topic.
We have found a plot of land in Eichwalde (right on the city border of Berlin) that we really like, and everything suggests that we could build a house there according to our plans.
However, the property consists of two parcels, and we only need the front one. Together, the two are too large and too expensive. The seller has communicated through the real estate agent that he would prefer to sell both parcels together. Therefore, we are looking for a building partner who wants to build their house on this auction plot.
The rear parcel is about 650sqm (7000 sq ft) plus the narrow strip. According to §34, it is buildable, and since the neighboring houses are fairly large, a relatively large house with up to 120sqm (1300 sq ft) of footprint and two full floors would likely be permitted by the building authority. It is being sold just below the local standard land value. Apparently, there are no significant restrictions (no trees that are difficult to remove, only an old weekend cottage).
Does anyone have an idea where we could find someone? We have already reached out to acquaintances and colleagues. The real estate agent is rather unmotivated, probably because they don’t want to work too hard for a 7% commission.
I hope this is the right forum for this topic.
We have found a plot of land in Eichwalde (right on the city border of Berlin) that we really like, and everything suggests that we could build a house there according to our plans.
However, the property consists of two parcels, and we only need the front one. Together, the two are too large and too expensive. The seller has communicated through the real estate agent that he would prefer to sell both parcels together. Therefore, we are looking for a building partner who wants to build their house on this auction plot.
The rear parcel is about 650sqm (7000 sq ft) plus the narrow strip. According to §34, it is buildable, and since the neighboring houses are fairly large, a relatively large house with up to 120sqm (1300 sq ft) of footprint and two full floors would likely be permitted by the building authority. It is being sold just below the local standard land value. Apparently, there are no significant restrictions (no trees that are difficult to remove, only an old weekend cottage).
Does anyone have an idea where we could find someone? We have already reached out to acquaintances and colleagues. The real estate agent is rather unmotivated, probably because they don’t want to work too hard for a 7% commission.
M
MT_Berlin6 May 2025 13:03The question is, of course, whether it is better to let a relatively large plot of land deteriorate, and if that is more beneficial for the local community. The seller understandably wants to sell the entire property, but given the current economic situation, it is unlikely that anyone will pay €350,000 (about $375,000) for the land plus an additional €450,000 to €500,000 (about $480,000 to $535,000) for the house. Additionally, there is an East German-era weekend house that must be demolished due to proven asbestos contamination in the roof, which adds another €50,000 (about $53,000) to the costs.
The seller has been trying to sell the whole property for six months without finding anyone willing to pay such a sum (€850,000 to €900,000, about $905,000 to $960,000) for a single-family house on a 1,200sqm (about 12,900 sq ft) plot. Building a duplex on the property is very difficult because it is only about 20m (65.6 feet) wide.
The seller has been trying to sell the whole property for six months without finding anyone willing to pay such a sum (€850,000 to €900,000, about $905,000 to $960,000) for a single-family house on a 1,200sqm (about 12,900 sq ft) plot. Building a duplex on the property is very difficult because it is only about 20m (65.6 feet) wide.
M
MT_Berlin6 May 2025 13:07I took a look at Schulzendorf in the Brandenburgviewer, and there isn’t a single house located in the second row.
In der Ruine6 May 2025 13:28MT_Berlin schrieb:
A duplex is very difficult to build on the property because it is only 20m (66 feet) wide.And why can’t it be placed rotated 90° on the lot?M
MT_Berlin6 May 2025 13:34That won’t be possible because it would extend beyond the building plot. If you look at the surrounding buildings, they are all either rectangular or square in shape.
I also inquired about this with the building authority, and it would not be approved. They are even less willing to allow it than to permit 2 dwelling units.
I also inquired about this with the building authority, and it would not be approved. They are even less willing to allow it than to permit 2 dwelling units.
MT_Berlin schrieb:
The seller has been trying for 6 months to sell it completely, but no one has been willing to pay such an amount (850,000 - 900,000€) for a single-family house with a 1,200 m² (12,917 sq ft) lot. Well, you could say the asking price is exaggerated and will have to be adjusted downward.
Z
Ziegenhals6 May 2025 22:34There are plots in Bruno-H.-Bürgel-Allee that are over 2000 sqm (about 0.5 acres) in size, but not a single plot with development in the second row. In Eichwalde, that is not permitted. You can easily build in the second (or even third) row in Bohnsdorf or Neukölln, but not here.
Please keep me informed about how your request progresses. I'm genuinely interested. However, do not buy a plot in Eichwalde that you cannot really afford, with the intention of reselling part of the parcel as building land to finance it. This could lead to financial failure. The seller must have a reason for wanting to sell only the entire property...
Please keep me informed about how your request progresses. I'm genuinely interested. However, do not buy a plot in Eichwalde that you cannot really afford, with the intention of reselling part of the parcel as building land to finance it. This could lead to financial failure. The seller must have a reason for wanting to sell only the entire property...