Working with Property Developers – Land, Projects and Sales from a Single Source
New housing is built where land, planning law, demand and financing come together. FrankenImmo brings these factors together: we broker plots and existing properties with development potential to developers (Bauträger), assess locations and handle the sale of completed residential units.
Matching listings
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Currently for sale: See 4 plots from €38,000
Key points at a glance
- Developers buy plots on which several flats or houses can be built.
- For owners, selling to a developer can bring in significantly more than selling to private buyers.
- Purchase contracts with developers are often conditional on planning permission.
- Buyers of developer properties pay in instalments according to construction progress under the Estate Agents and Developers Ordinance (MaBV).
- FrankenImmo mediates between owners, developers and buyers and handles sales on request.
For Developers and Project Developers
Land acquisition: Many suitable sites in Upper Franconia – vacant infill plots, former nurseries, former commercial sites, buildings due for demolition – are never offered publicly. We know owners and communities of heirs and approach them in a targeted and discreet way.
Site and feasibility analysis: Before you secure a plot, we check building rights, site servicing, demand for flat sizes and price levels, competing projects and realistic sale prices per square metre of living area. More on this under Location analysis & advice.
Sales: We market new-build projects to owner-occupiers and investors – with a project brochure, visualisations, a show flat, reservation management and support through to notarisation under the MaBV.
For Landowners
Do you own a larger plot or a property that could be suitable for new construction? A sale to a developer often achieves a higher price than an individual sale – because the developer calculates on the basis of the number of flats that can be built. We obtain offers from several developers and compare them not only on price, but also on terms (rights of withdrawal, planning permission conditions, timing of payment).
Alternatively, there are models in which you as the owner share in the success of the project – for example by receiving completed flats instead of a purchase price.
Typical Projects in Upper Franconia
- apartment buildings with 6 to 20 flats in town-centre locations in Hof, Bayreuth, Bamberg and Coburg
- semi-detached and terraced houses on the outskirts and in medium-sized towns
- barrier-free residential complexes and assisted living – one of the fastest-growing demand groups in the region
- conversion of former textile and porcelain sites in the Hof, Selb and Wunsiedel area
How Developers Calculate the Land Price
Developers calculate backwards: from the expected sales proceeds of the flats, they deduct construction costs, ancillary costs, financing, sales and their profit. What is left is what they can pay for the land.
| Item | Example: 8 flats in Bayreuth |
|---|---|
| Sales proceeds (8 × 75 m² × €4,200) | €2,520,000 |
| – Construction costs incl. outdoor areas | – €1,560,000 |
| – Planning, surveys, permits | – €180,000 |
| – Financing, sales, risk | – €250,000 |
| – Developer's profit (approx. 12–15%) | – €330,000 |
| = Maximum possible land price | around €200,000 |
The figures are simplified, but they show why building rights and achievable sale prices determine the value of the land.
For Buyers: What to Look Out for When Buying from a Developer
- Read the building specification carefully – fittings, energy standard, completion date
- Check the payment schedule: payment only once construction progress has been reached
- Ask about the developer's creditworthiness and references
- Carry out the acceptance inspection with a surveyor
- Warranty: five years for construction work
Frequently asked questions
Can I as the owner share in the profit of a project?
Yes, through a joint development or a share in the proceeds. This is of interest to owners who have time and can bear a certain degree of risk. We are happy to examine which option suits your plot.
On what terms do you broker plots to developers?
The commission is agreed individually and depends on the volume and scope of services. For landowners, the initial valuation is free of charge.
Do you handle the sale of entire new-build projects?
Yes. We handle sales from the planning phase onwards, advise on the mix of flats and pricing, and accompany buyers through to handover.
What is important for buyers in developer contracts?
Developer contracts are subject to the Estate Agents and Developers Ordinance (Makler- und Bauträgerverordnung, MaBV): the purchase price becomes due in instalments according to construction progress, and strict security rules apply. We explain the process to buyers and accompany the acceptance inspection.
Sources & further reading
- gesetze-im-internet.de – § 3 MaBV – payment in instalments under a developer contract
What is your property worth today?
A market-based valuation using real comparable sales from Upper Franconia – free, without obligation, usually within 48 hours.
- One personal contact for all of Upper Franconia
- Reply usually within 24 hours