| Plot area | 1242 m² |
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| Purchase price | 690.000 € |
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| Commission | 3,57% (3,57% inkl. 19% MwSt.) |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsIn a sought-after residential location in Bergisch Gladbach-Schildgen, this approx. 1,242 m² plot presents an excellent opportunity for developers and project developers. The property is currently built with a detached bungalow dating from 1972. Due to its structural condition and lack of a contemporary layout, the building should be regarded as a demolition property. The focus is clearly on economically optimized new development.
Project potential with a reference in the immediate surroundings:
The plot is located in an established residential area that has undergone qualitative enhancement in recent years through modern new-build projects.
A contemporary apartment building with a set-back storey and a basement-concept design has already been successfully completed in the immediate vicinity. This provides reliable evidence of the potential for development and marketability.
The planned new development is governed by Section 34 of the German Building Code (development in keeping with neighboring properties). Integration into the existing development structure is very feasible due to the surrounding buildings.
Subject to planning-law review, the following project concept appears realistic and market-oriented:
•Apartment building / modern urban villa
•approx. 6–8 residential units, including basement apartments for optimized use of space
•approx. 450–600 m² of living space
•2 full storeys + basement + set-back storey
•On-site parking solution
Investment quality & market outlook:
The location is characterized by sustainably stable demand for modern condominiums.
Compact to spacious units in a quiet, natural setting with good connections to Cologne are particularly sought after.
With an appropriate design, attractive sales prices are currently achievable in the immediate surroundings. Combined with the development structure already proven in the area, this results in an above-average calculable and low-risk project approach.
Conclusion:
This plot offers a rare opportunity to implement a proven and economically optimizable development product in a sought-after location.
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