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The dream of owning a home begins with the right piece of land. Immobilienscout is a popular platform, but how do you find the ideal plot there? This article provides you with a comprehensive guide, from searching to purchasing. Do you need support with financing? Contact us for a non-binding consultation.
Property prices to stabilise in 2025: Take advantage of the current market phase to benefit from moderate prices and enjoy long-term value appreciation.
Consider Regional Differences: Analyse regional economic strengths and demand factors to identify investment opportunities. Prices in Hamburg and Thuringia differ by a factor of 16.
Seek professional advice: Minimise risks and maximise opportunities through comprehensive due diligence and the expertise of estate agents or surveyors.
The property market is dynamic and often confusing. Fluctuating land prices, regional differences, and complex valuation methods pose challenges for those searching for land. Many people turn to Immobilienscout as their first point of contact, but the data presented there must be correctly interpreted. This article provides you with a comprehensive analysis of the current market situation, future forecasts, and practical tips to help you make informed decisions when finding land with Immobilienscout.
We examine the key factors influencing land prices, highlight regional differences, and explain how to correctly apply valuation methods. Our aim is to equip you with the necessary knowledge to make your investment in a property successful. We also discuss the significance of standard land values and the challenges associated with property financing.
Make the most of Immobilienscout to find your dream plot. We show you how to identify the best offers, assess land prices accurately, and avoid potential pitfalls. In this way, you secure your dream land and successfully realise your construction plans.
Experts predict a stabilisation of property prices from 2025, presenting a favourable opportunity for potential buyers. After a period of volatility, prices are expected to stabilise and rise moderately in the long term. This is an ideal time to enter the market and benefit from currently still moderate prices. According to groundheroes.de, a yearly increase of 1-2% is anticipated until 2035.
The future development of property prices will be significantly influenced by interest rate trends and construction financing costs. Low interest rates encourage demand and push prices up, while rising rates tend to have a dampening effect. Regional economic strength and demand also play a crucial role. Rapidly growing regions with high demand generally register higher property prices than economically weaker areas. The Financial Times Deutschland reports on declining construction interest rates since autumn 2023, stimulating demand.
Another important factor is property development and buildability. Fully developed building plots are significantly more expensive than undeveloped land, as the development costs are already included. The buildability, i.e., the possibility to construct on a property, also significantly affects the price. Factors such as the development plan, ground conditions, and potential contamination play an important role here.
In Germany, there are significant regional differences in land prices. Hamburg and Thuringia exemplify extreme price differences and their causes. While in Hamburg an average of 1,099.91 € per square meter must be paid, in Thuringia it is only 67.79 € per square meter, as reported by groundheroes.de. These differences are due to various factors, such as the region's economic strength, the demand for housing, and the availability of land.
Analysing regional economic strengths and demand factors is crucial to identifying investment opportunities. Regions experiencing strong growth with high demand for housing generally offer higher potential for value appreciation than economically weaker areas. However, land prices in these regions are correspondingly higher. Thus, it is essential to carefully weigh the opportunities and risks.
Urban vs. Rural: Opportunities and Risks
There are also clear price differences between urban and rural areas. In major cities like Munich, land prices can reach up to 3,600 € per square meter, whereas in rural regions they are significantly lower. The high land prices in major cities are due to strong demand and limited availability of land. In contrast, in rural areas, there is often still available land that can be purchased at affordable prices. Here, one must weigh the higher returns in cities against the development potential in the countryside.
The choice of the right valuation method is crucial to realistically assess the value of a property. The comparative method, the standard land value, and the developer's calculation are common methods that are suitable to varying degrees depending on the target audience and data availability. The comparative method is particularly suitable for private sales, but requires sufficient up-to-date comparative data, which may be lacking in dynamic markets. The standard land value provides an initial guideline but often lags behind current market developments. The developer's calculation is mainly relevant for developers, as it is based on potential profit.
The standard land value serves as a general guideline, but should not be used as the sole basis for valuation. It is based on historical data and is usually updated every two years, making it a lagging indicator. Individual property characteristics, such as location, size, shape, and buildability, can significantly influence the value of a property. Therefore, it is important to view the standard land value only as a starting point and to consider other factors.
Impact of Encumbrances and Rights
Encumbrances such as usufruct, right of way, or residential rights can significantly reduce the value of a property. Existing land charges also negatively affect value, even if they are transferable. Therefore, it is important to conduct thorough due diligence before purchasing a property and to review all relevant encumbrances and rights.
The development level of a plot significantly affects its value. Fully developed land is much more expensive than land under expectation, as the development costs are already included. Development costs include, among other things, the costs for connecting to the electricity, water and sewage networks, road construction, and lighting. It is important to consider these costs when calculating the total price.
Buildability
The buildability of a plot is determined by various factors such as the development plan, the soil condition, and possible contamination. The development plan specifies what type of buildings can be erected on the plot and which requirements need to be met. A soil survey can provide information about the soil condition and reveal potential risks due to contamination. Examining these factors is crucial for minimizing risks and increasing the value of the plot.
Subdivision, that is the division of a larger plot into several smaller building plots, can be a strategy to increase value. However, this requires a formal declaration to the land registry office and compliance with certain requirements. By creating multiple building plots, the total value of the plot can be significantly increased.
The mortgage is an important aspect when purchasing a property. A high equity ratio (20-30%) can significantly reduce interest costs. It is worthwhile to compare the annual percentage rates from different lenders to obtain the best terms. According to groundheroes.de, you should compare offers from over 500 banks to find the best conditions.
Additional costs
In addition to the purchase price, additional costs also arise, which should not be underestimated. These include, among others, the costs for the survey, the notary fees, and the property transfer tax. These costs can quickly amount to 12-15% of the purchase price. Therefore, an exact additional cost calculation is an important part of financial planning.
Alternative acquisition methods
There are also alternative acquisition methods, such as the hereditary building right and foreclosure auctions. The hereditary building right allows the use of a property without purchasing it. Instead, a ground rent is paid. Foreclosure auctions offer the opportunity to acquire properties below market value. However, these methods are often associated with risks, so thorough due diligence is essential.
The importance of professional valuation should not be underestimated. Whether estate agent or expert/appraiser – the choice of expert depends on the purpose of the valuation. For selling a property, an estate agent is often the better choice, as they have local market knowledge and can accompany the sales process. For legal disputes or submission to authorities, an expert/appraiser is required.
Due Diligence: Minimising Risks
A comprehensive due diligence is essential to minimise risks and maximise opportunities. This includes examining the soil condition, potential contaminations and the development plan. Considering both macro and micro location factors is also important. The macro location relates to the regional attractiveness and infrastructure, while the micro location encompasses aspects like views, noise levels, and neighbourhood aesthetics.
Use Immobilienscout to find your dream property. We show you how to identify the best offers, assess property prices accurately, and which pitfalls to avoid. This way, you secure your dream property and successfully realise your building plans.
A successful property investment requires strategic planning and a long-term perspective. It is important to consider the key insights from this article, such as the stabilisation of property prices from 2025, regional differences, and the importance of professional advice. Thorough due diligence is essential to minimise risks and capitalise on opportunities.
Outlook on Future Developments
The future development of the property market will be influenced by various factors, such as technological innovations and political changes. The importance of sustainability and environmental aspects will also increase. Therefore, it is important to stay informed about the latest developments and adjust one's investment strategy accordingly.
The pros and cons of properties in urban and rural locations should also be considered in the decision-making process. Also, take into account the significance of the standard land value and development costs to make a well-informed decision.
The search for the ideal property through Immobilienscout can be a challenge, but with the right knowledge and strategy, you can significantly increase your chances. We have shown you how to interpret current trends and forecasts, consider regional differences, and apply various valuation methods. Use this knowledge to make informed decisions and find your dream property.
Remember, a successful property investment requires a long-term perspective. Take into account the future development of the market, technological innovations, and political changes. Stay informed and adjust your investment strategy accordingly. The Auctoa platform offers you comprehensive support in the evaluation and analysis of real estate and properties.
Are you ready to find your dream property? Contact us today for personalised advice, and let's achieve your real estate goals together! Contact us now!
ZIA (Zentraler Immobilienauschuss) provides up-to-date figures, data, and facts on residential real estate.
Statista presents statistics on the development of property prices in Germany up to 2024.
How do I find the right plot on Immobilienscout?
Use the filter functions on Immobilienscout to narrow down your search by location, size, price, and buildability. Pay attention to detailed descriptions and meaningful images.
What should be considered when evaluating land prices?
Consider the standard land value as an initial guide, but also examine individual property features such as location, layout, and degree of development. Compare similar offers in the area.
What role does the development plan play in buying land?
The development plan specifies what kind of buildings may be constructed on the land. Check with the relevant building authority about the building regulations to ensure your building plans are feasible.
How does development affect the land price?
Fully developed plots of land are typically more expensive as the costs for connection to the electricity, water, and sewage networks are already included. Check which development costs are still pending.
What are the advantages and disadvantages of plots in urban and rural locations?
Urban plots offer good infrastructure and short distances but are often more expensive. Rural plots are cheaper but may require longer commutes and have less adequate infrastructure.
How can I optimise financing for my plot?
Aim for a high equity ratio (20-30%) and compare the effective annual interest rates from different lenders. Use online comparison platforms to find the best terms.
What ancillary costs are incurred when purchasing a plot?
Plan for ancillary costs such as notary fees, land transfer tax, and appraisal costs. These can quickly make up 12-15% of the purchase price.
Where can I find information about standard land values?
Standard land values are publicly accessible and can be viewed at the relevant expert committee or online via BORIS (standard land value information system).
