Undeveloped plots of land are located outside of built-up areas and have no connection to the water, sewage, electricity or heating networks.
(Photo: dpa)
Berlin Anyone who has already built their own home knows that no matter how well the costs were calculated in advance – during the construction period it almost always becomes more expensive than expected. Either there are unexpected expenses during the construction period or the prices go up.
Builders want to be able to rely on the taxes that have to be paid around the house and property. But even here there can be nasty surprises. This was experienced by a couple who bought undeveloped property from a community.
When they acquired the property, the two buyers undertook to pay a fixed amount for future development. Accordingly, the total price listed in the notarial purchase contract was split into two partial amounts. One indicated the purchase price for the land, the other the amount to be paid for the development. According to the contract, this included all costs already incurred and those still to be incurred for the initial development.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further
Read on now
Get access to this and every other article in the
Web and in our app — 4 weeks for €1.
Further