Status: 20.11.2023, 21:00 PM
By: Christoph Peters
The Bachfeld development area from the air: While the first municipal plots of land for the northern part (right in the picture) are about to be sold, the application phase for the southern part has begun. © Hans-Helmut Herold
The sale of building plots in the Bachfeld development area in Peiting is still rather sluggish, but the municipality is already offering the next plots.
Peiting – It wasn't long ago that the news that the municipality of Peiting had to sell building plots triggered a real rush. In 50, more than 2020 interested parties applied for one of the six plots on the Hochweg. Three years later, the situation has completely turned. High interest rates, increased construction costs and exploding land prices are also shattering many dreams of owning a house in Peiting. In the meantime, there is no longer a shortage of building sites, but of buyers.
Since the beginning of the year, the municipality has been trying to sell twelve plots of land in the first part of the new development area at Bachfeld. Although the local council lowered the price from 600 to 530 euros per square metre in the summer following a market value appraisal, the sale is still tough. Three applicants are about to be notarized, and a fourth could be added soon, says Managing Director Stefan Kort, describing the current situation. The interested parties come from the region and the surrounding area of Munich, according to Kort, none of them comes from Peiting.
Interested parties can apply until 15 December
As of this week, the offer has become even larger. Immediately following the first part of the new development area, the market has designated a second one to the south. Eight municipal building plots are for sale here. Interested parties can apply from now until 15 December. The price, as in the neighboring part, is also 530 euros per square meter. In addition, there are up to almost 44 euros in development costs for the square meter of building land.
Work is already underway on the access road for the next construction area "Heimgartenstraße II". © Herald
Nevertheless, the municipality is cautiously optimistic that buyers will be easier to find here. Compared to the northern part, the plots are significantly smaller on average, with a size of between 435 and 575 square metres. This was also emphasized by Mayor Peter Ostenrieder at the most recent municipal council meeting. In the best-case scenario, the purchase price would be around 255,000 euros.
Applicants must prove that they can afford their dream of owning a house
Because this is not a piece of paper either, interested parties must prove that they can really manage their dream of owning a house when applying. According to the procedural documents, the application must be accompanied by "a basic confirmation of financing from a credit institution for the planned project (at least for the envisaged land acquisition) or, if no loan financing is necessary, a list showing the secured financing of the project". This is intended to prevent applicants from being unable to claim an allocated plot of land after the building plots have been allocated due to the lack of financial viability of the project.
At least from a legal point of view, house builders on the Bachfeld have recently ceased to face any pitfalls. At the end of October, the deadline for an application for judicial review of the development plan, which the municipality had submitted in an accelerated procedure, expired. In July, the Federal Administrative Court considered this approach by municipalities to be incompatible with European law. Elsewhere, on the other hand, there is still the "§ 13b BauGB issue", says Kort with a view to the new development area "Heimgartenstraße II". Here, too, the municipality is actually interested in putting the land on the market at short notice. The access road is already under construction. However, the objection period runs until June 2024, so a prior sale is therefore unlikely, according to the managing director. Especially since the municipal council must not only determine a sales price beforehand, but also decide whether a hereditary leasehold model should be used for the first time as an alternative in times of high land prices.
Details on the application process for the municipal building plots have been compiled by Markt Peiting on its website under www.peiting.de.