| Living area approx. | 430 m² |
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| Rooms | 14 |
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| Bathrooms | 6 |
| Plot area | 541 m² |
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| Usable floor area | 40 m² |
| Purchase price | 489.000 € |
|---|---|
| Price per m² | 1,137.21 €/m² |
| Commission | 5,95% (5,95% Käuferprovision) |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsThis plot offers property developers, investors and project developers interesting prospects for sustainable residential development. The basis is development plan no. 477, which, under a closed building method, permits development with up to four full storeys.
According to the information available, a permissible gross floor area of approx. 541 m² and a potential living area of around 410 m² can be realised. Depending on the planning and floor-plan design, the implementation of approx. 6 to 8 residential units appears conceivable. Balconies and terraces can further enhance the quality of living and, according to the underlying information, are additionally possible without being counted towards the floor area.
In addition to new construction, the renovation and modernisation of the existing building also represents an interesting alternative. The property currently comprises a total of five residential units. A key advantage: the entire roof as well as the façade were already renewed around eight years ago. This provides a good starting point for examining an economically viable further development of the existing stock.
Whether a comprehensive renovation or a new build represents the more attractive solution can be assessed within the scope of an individual review of the structural condition and the economic framework conditions.
For the planning-law assessment, the German Land Use Ordinance (BauNVO) in the version of 1968 applies. The specific utilisable potential and the number of residential units that can actually be realised must be coordinated with the responsible authorities in the course of further planning.
An interesting opportunity for investors and project developers who wish to make use of the potential of an existing residential building or realise a future-oriented new-build development.
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