Buy a plot of land in Styria and realize your dream home

Where Can I Buy Interesting Plots of Land in Styria?

Ideal building plots are available in a wide variety of locations. If you like to live centrally, then plots near Graz or near one of the highways that run through Styria in all directions are ideal. Here you can live more in the countryside and still be in the city quickly if necessary. In the outskirts of Graz and many other towns in Styria, it is easier and cheaper to fulfill your desire for a large plot of land than in the big city. If you are looking for a weekend plot, you will find fascinating areas in the mountains from which you have a fantastic view of the picturesque surroundings. If you would like to use the plot as a leisure property, you can choose a property in any location to suit your taste.

What Do You Need to Consider When Buying a Plot of Land in Styria?

Whether as a second home or a main residence, you will always need a dedication and a building permit. When buying, it is important to ensure that the property is designated as building land and has a corresponding zoning. If, on the other hand, you buy building land in Styria, you may have to wait years or not get planning permission at all. Case law in Austria defines the term "Bauerwartungsland" as follows in various rulings: A plot of land may be called Bauerwartungsland if there is more than a 50 percent probability that it will become building land in the next ten years. However, there is no certainty of this.

If you want to build on the plot within a fixed period of time, you should buy building land with dedication to be on the safe side. If, on the other hand, you are speculating on an increase in the value of the plot of land in any period of time, building land can be an interesting investment. However, it is important to know the local real estate market and the surrounding area in Styria. This is the only way to correctly assess the chances of such an area in Styria. As an experienced and regional real estate agent, we are very familiar with Styria and can provide you with comprehensive advice on the possibilities and options when buying a plot of land. We also clarify in advance with the owner and, if necessary, the authorities whether a plot of land is suitable for your purposes in every sense. Plots of land can have different statuses in Styria:

• Building land - approved for development in accordance with the zoning plan.

• Fully developed building land - fully developed and without impairments.

• Building land in the development area - undeveloped, not or only partially developed.

• Land in the redevelopment area - developed, impaired by e.g. noise or not sufficiently developed.

• Building land - in planning for upgrading to building land, but without guarantee.

• Third party rights - rights of way or access rights may be registered.

Buying a Plot of Land in Styria: What Additional Costs Are Incurred?

Buying a plot of land in Styria is not just about the purchase price. The value of a plot of land is determined on the one hand by its location. For example, sunny hillside locations with a panoramic view, high-quality properties in Graz or plots with an unobstructed view of the River Aare are usually more expensive than plots in the second row or in smaller towns. Building land is more expensive than building land. Developed or partially developed plots generally have a higher purchase price than plots that are not yet fully developed.

To compare prices for building land or other plots correctly, you should therefore be aware of the development costs and add them in. If you buy a plot in a redevelopment area in Styria where there is no sewage system yet, you will also have to pay these development costs over the next few years. Building land in new development areas is often already connected to the energy and water supply. In many cases, however, roads are not built until later. In this case, it is advisable to enquire in advance with the responsible building authority about the expected road construction costs.

There may also be additional costs:

• Financing costs for mortgage

• Land transfer tax

• Land registry fees

• Notary fees

• Estate agent's commission

• Development costs

Buy a Property in Styria Safely with Engel & Völkers

The value of a plot of land is made up of many factors. Our real estate agents in Graz are highly trained and know the regional real estate market in Styria. With the help of a lot of comparative data from the Engel & Völkers database and many years of experience, we determine the value of a plot of land or building land according to local conditions and proven methods. So you can buy your property in Styria safely with us. Because you know that you are actually buying building land for the construction of your house and that the purchase price of the plot corresponds to the current value. We would be happy to show you our plots for building, investment or leisure in Styria. Contact us online, by phone or visit us in our real estate store in Graz.