Building permit ready new build apartment in quiet central location

Great opportunity for developers - plot of land with a building permit for a residential and commercial building with 16 units!

A 990 m² plot of land including a recently extended building permit is being sold. This is still valid until April 2027.

With a floor area ratio of 5.0 and a residential usable floor area of approx. 1200 m² (15 apartments & 1 commercial unit), the planned new building offers enormous potential.

A rough cost estimate for the new building in high-quality construction is available; according to this estimate, the construction costs would amount to approx. €4.5 million.

Municipal requirements:

• The developer must rent a 50 m² apartment to the municipality at the local customary rent.
• The developer must sell a second 50 m² apartment to the municipality at the local customary sales price.

Thanks to the legally valid building permit, construction can begin immediately.

The property is situated in a quiet location right in the center of St. Ulrich am Pillersee (central area).
Shops, school, kindergarten and much more are within walking distance.

Energy data in progress.
Immediately available.