ᐅ What tasks need to be completed before signing the shell construction contract?

Hello everyone,

From a financial planning perspective, I’ve been giving some thought to a few things and would like to hear your opinions.

Basic information:
1. The plot of land from the municipality (fully serviced) is financed and will be paid off by the end of the year. The municipality still needs to complete the servicing and carry out the land survey (paid by the municipality).
2. The architect has completed the design planning.
3. The initial phase is planned as an extended shell construction (i.e., groundwork, drainage, shell construction, roof).
4. After that, known contractors will handle the interior finishing.

Items 1-2 will be paid out of pocket. Items 3-4 will be covered by the house financing, which should be finalized at the beginning of January. Logically, there are a few items between steps 2 and 3.

In my view, the following points are those that would make the house financing ready for disbursement (so that the shell builder can start construction). I hope my assumptions are correct, since without house financing ready for disbursement, the shell construction cannot even begin ;-) .

- Building survey, 1000€
- Building permit via exemption, 1000€
- Additional payment for floor area, 300€
- Second notary fees (new land registry fees due to house financing), 2500€ (essential for the loan in my opinion, because without land registration for the financing bank, there is no money)
- Builder’s liability insurance, paid
- Construction all-risk insurance / builders’ risk insurance, 400€
- Soil report, 1000€
- Energy consultation (probably not the full amount in the first step), 3500€
- Provision of construction electricity/water, 700€

Based on my estimate, I would be looking at around 10,000–11,000€ to pay out of pocket before the next invoices can be paid through the house financing, is that correct?

Are there any points missing, or are my estimates too low?

Anyone have an idea? :-)

The electricity or water utility wanted the connection fees to be paid in advance.

That was almost 2000€.

So it might be worth checking whether it’s the same for you.

I roughly budgeted around €2000 (approximately $2200). Do they really require the payment before the groundwork starts?

This raises another question: When did you submit the applications for the utility connections?

Zaba12 schrieb:
I estimated roughly the same amount of 2000€. Do they really want the payment before the groundwork starts?

That raises another question: When did you submit the applications for the utility connections?

We took care of the utility connections when the foundation slab was poured. However, we received an invoice from the water supplier for the utility connections already 4 months before the house construction began.

Best regards,
Sabine

Sabine, don’t confuse this. Before construction started, we received an invoice from our water supplier for the development charge. This means every property that will be connected contributes to the costs of the piping network throughout the entire area, and you pay for the right to connect to the sewage and stormwater system. The actual connection was handled by our builder for a gross amount of 3000. After applying for the connection—water and possibly gas, which should be done about six weeks before the desired date—you receive the final invoice. This includes the work done from the property boundary to the house inlet. Here, this cost was around a gross 3000 for gas and water. Karsten