Plot for sale • 349 m² without real estateSüderstraße 40-42 Bremen Neustadt Bremen 28199

A fully planned and approved apartment building project in an attractive location in Bremen’s Alte Neustadt district is being offered for sale.

The approximately 350 m² plot is intended for the construction of an apartment building with eight approved residential units and a total living area of approximately 740 m², calculated in accordance with the German Residential Space Ordinance (WoFlV).

The building permit and verified structural calculations are available. The required parking spaces and children’s play area have already been covered by payments in lieu and paid for in full under the approved plans.

The building is designed with a ground floor, three upper floors and a recessed top floor. A lift is included in the plans. No basement is planned.

The approved plans provide for two spacious maisonette apartments extending across the ground and first floors, as well as additional apartments on the second floor, third floor and recessed top floor.

The property is located in a mixed-use zone (MI), immediately adjacent to Bremen University of Applied Sciences and within the Alte Neustadt bicycle district.

In addition to the approved plans, there are attractive options for optimising the unit mix. For example, the two maisonette apartments could be divided into separate apartments on the ground and first floors, potentially increasing the number of units to as many as ten, subject to the relevant approval.

Given the property’s immediate proximity to the university, a development featuring smaller apartments or micro-apartments could also be of interest.

Under an alternative design with smaller apartments or micro-apartments, the number of required car parking spaces could be lower than for larger apartments, depending on the applicable mobility and building regulations. The exact number of required parking spaces and any potential payments in lieu must be clarified with the competent authorities as part of an amended planning application.

Increasing the number of self-contained residential units could also be attractive in connection with subsidy programmes that provide maximum funding amounts per residential unit.

The options involving ten residential units or micro-apartments do not form part of the existing building permit. The purchaser, or their architects, energy-efficiency experts and financing partners, must independently assess whether these options are eligible for approval, as well as the requirements for and potential amount of any funding.

At a purchase price of €820,000, the land purchase price is equivalent to approximately €1,108 per m² of already approved living space.

The existing building permit, completed structural verification and payments already made in lieu mean that key requirements for prompt implementation have already been met.

According to the current plans, the building is to be constructed to the energy-efficient KfW 40 standard.

The property is being sold directly by the owner, with no commission payable by the buyer.

The property is located in Bremen’s Alte Neustadt district, on a quiet one-way street and immediately adjacent to Bremen University of Applied Sciences.

The location combines city-centre living with excellent infrastructure. Shops, public transport and everyday amenities are available in the immediate vicinity. The Südbad swimming pool, the Wallanlagen park and Bremen city centre, including the Schlachte riverside promenade, market square and town hall, can all be reached quickly or on foot.

The property lies within the Alte Neustadt bicycle district. Its excellent cycling connections and proximity to the university also make the location attractive for smaller apartments, student accommodation and micro-apartments.

Several major new-build and urban development projects are also located nearby, including the Hachez Quarter, further enhancing the area.

The combination of a central location, proximity to the university, good infrastructure and a quiet residential environment offers attractive conditions both for long-term ownership and for the individual sale of the apartments.

The property is being sold commission-free directly by the owner.

Subject to agreement, the directly adjoining corner property, including its existing building, may also be purchased. Its corner position at the intersection offers attractive possibilities for an independent and potentially larger corner development. Based on initial non-binding planning considerations and subject to the relevant planning-law review and approval, the site may offer potential for up to approximately 800 m² of additional living space.

No detailed plans or building permit are currently available for this option. In particular, the actual achievable living space, building height, number of storeys and development density must be clarified through detailed planning and consultation with the competent authorities.

The district heating network in the street is currently being extended. According to current information, the immediately adjoining building will be connected. The possibility of connecting the property offered for sale must be discussed with the utility provider.

All information concerning alternative plans, additional development, funding opportunities and parking requirements is non-binding. The existing building permit and the associated approved construction documents are authoritative for the project offered for sale.

All information has been prepared to the best of our knowledge on the basis of the available documents. Information concerning alternative plans, additional development, funding opportunities and parking requirements is non-binding and must be independently verified by the purchaser. The existing building permit and the associated approved construction documents are authoritative for the project offered for sale. Errors and prior sale excepted.