
Inherited land – now what?
Whether a plot of land can be developed and what can be built on it depends on various criteria. A local real estate agent can advise you on your property. They are not only familiar with the regional real estate market, but also with the legal requirements of the development plan.
Zoning plan
The development plan documents whether and what may be built. A plot of land within the development plan may generally be built on if the development is secured and the building project does not contradict the provisions of the development plan. You can obtain information about the development plan from your local authority.
Urban sprawl
If there is no development plan, you should check whether your property is located within the "cohesively developed district." If development is guaranteed, this also gives rise to building rights. However, what constitutes a "cohesive" district can be controversial. Building on the outskirts of towns can be difficult. Municipalities often fear urban sprawl, i.e., unregulated and unstructured growth. District can be a matter of dispute. Building can be difficult, especially on the outskirts of towns. Municipalities often fear urban sprawl, i.e., the unregulated and unstructured growth of towns. Real estate experts therefore recommend inquiring with the municipality about local boundaries and whether your property is located in a "cohesive built-up area."
Outlying areas of towns
If the property is located outside the development plan or is not part of a "connected built-up area," it is located in the outskirts of a municipality. Building rights usually only exist here in exceptional cases for so-called privileged projects. For example, for use in agriculture or energy production, as well as for the construction of industrial buildings or military facilities.
Seek professional advice
Are you unsure what to do with your property? Seek advice from a local quality real estate agent. They can assess the potential and advise you on your options. They will evaluate your property free of charge, take care of compiling the relevant sales documents and marketing, and know which target group is right for your property. They may already have a suitable buyer for your property in their database.
Are you looking for assistance in selling your property? Contact us! We will be happy to advise you.
Further information can be found here:
- rosepartner.de: Real estate in inheritance
- grundsteuer.de: Undeveloped property
- Wikipedia.de: Urban sprawl
Legal notice: This article does not constitute tax or legal advice in individual cases. Please consult a lawyer and/or tax advisor to clarify the facts of your specific case.
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