Project plot in Bochum Stiepel: Three-family house with over 400 m² feasible on approx. 828 m²!

Key facts

Purchase price & costs

About this house

Project plot with building permit – development into a high-quality three-family home in a sought-after residential location in Bochum

Opportunities like this are rare: This attractive project plot combines an excellent location with legally secured building rights already in place and offers investors, property developers, project developers and private capital investors excellent development prospects.

The approximately 828 m² plot currently contains a well-maintained two-family house built in 1966, with an existing living area of approx. 180 m². The building currently features six rooms, two bathrooms, a guest WC, a balcony, a basement and two garages, thus already offering a solid foundation.

However, the property's real added value lies in its considerable development potential. Approved plans are already in place to expand the property into a modern three-family house. Once implemented, three spacious residential units with a total living area of around 402 m² will be created. The costly and time-consuming approval process has therefore already been successfully completed – a significant advantage over comparable development plots.

The economic starting point is particularly interesting. The land value is already around €500,000. This means that the existing residential building is effectively acquired for significantly less than €1,000 per square metre of living area. This alone makes the property an exceptionally attractive investment.

The approved plans provide for modern, spacious apartments with contemporary layouts, attractive outdoor areas and a high-quality living environment. The project is therefore suitable both for the sale of high-quality condominiums and for long-term retention as a multi-family property with sustainable rental income.

The project is also convincing from a development perspective. Since the building permit is already available, planning times can be significantly shortened and development risk substantially reduced. At the same time, there is an opportunity to implement current energy standards and benefit from attractive financing options and public funding programmes – for example from KfW – provided the respective funding requirements are met.

The calculated total living area of around 402 m² opens up interesting marketing prospects. At the current prices in good Bochum residential locations At achievable sale prices, the project offers considerable potential for appreciation and attractive return opportunities. At the same time, future residents benefit from spacious layouts, modern architecture and a permanently sought-after residential location.

This offer is aimed at buyers who do not merely wish to acquire an existing property, but are seeking a project with building rights already secured and excellent development opportunities. The combination of a valuable plot, existing building fabric, approved extension and attractive financial metrics makes this property a rare opportunity on the Bochum real estate market.

Whether as a developer project followed by the individual sale of the apartments, as a long-term investment property or as a high-quality expansion of the existing property – this project offers ideal conditions for a successful investment with sustainable potential for appreciation.
Cracks caused by age and/or deformation are present in the building; these were examined by a building expert in August 2026. According to the expert’s findings, there were no indications of any impairment of the building’s structural stability.

The energy performance certificate has already been commissioned and will be submitted once completed.

Take advantage of the rare opportunity to acquire an already approved development project in one of Bochum’s most sought-after residential locations.

Location