Selling a garden plot

Selling a garden plot is an important decision for many owners. Questions often arise such as: Can I sell my garden plot at all? And when is it worth selling a garden? As experienced estate agents in Jena, we at Wienrot Immobilien GmbH & Co. AG will give you an overview of the most important aspects you should consider when selling a garden plot.

1. is it even possible to sell a garden plot?

Yes, in principle you can sell your garden plot if you are its legal owner. However, there are a few legal details that you should take into account:

• Development plan:
  In many cases, the decisive factor is whether the plot is designated as building land or green space. A garden that is declared as building land can often be sold at a higher price.
• Leasehold or freehold?
  If your garden is leasehold land, you are not the owner, only the leaseholder. In this case, you cannot sell the plot, but must terminate the lease or pass it on.
• Allotment garden estates:
  There are numerous allotment garden estates in Jena and the surrounding area that are subject to special legal regulations. Here the sale is often only possible in agreement with the respective allotment garden association.
  

2 When is it worth selling a garden plot in Jena?

The timing of the sale plays a major role when it comes to achieving the maximum selling price. The following factors influence the value of your garden plot:

• Location and infrastructure:
  Garden plots in sought-after neighbourhoods of Jena, such as Lobeda or the surrounding areas of Jena, are in particularly high demand. A well-connected plot close to residential areas or nature reserves can significantly increase the value.
• Building land or garden area?
  If your plot is designated as building land, the chances are high that the value of the plot has increased over the years. Building plots are also in demand in Jena, especially near residential areas.
• Economic developments:
  The property market in Jena has shown a strong upward trend in recent years. It can be worthwhile to plan a sale in times of high demand in order to benefit from rising prices.
• Private use:
  If you currently use or rent out your garden plot, it is worth weighing up whether it makes economic sense to sell. In the case of rented gardens, continued use could yield more profit than a quick sale.
  
  

3. tax aspects of the sale of a garden plot

As with property sales, the sale of a garden plot is also relevant for tax purposes. If the land was not used by the owner, the speculation period of 10 years applies. However, if you have used the land yourself or leased it out, the sale may be tax-free under certain conditions.

Conclusion: When is the right time to sell a garden?

Whether the sale of a garden plot is worthwhile depends heavily on the location, the current demand on the property market in Jena and the use of the plot. In many cases, it can make sense to seek support from a property expert when making a decision. At Wienrot Immobilien GmbH & Co AG, we know the property market in Jena inside out and will be happy to advise you.