Property auction in Neuenhagen: Opportunity for buyers and investors!

Property auction in Neuenhagen: Opportunity for buyers and investors!

An interesting property will be auctioned off in Neuenhagen near Berlin on August 30, 2025, causing excitement in the region. With a size of 337 m² and a minimum bid of 49,000 euros, this could be a great opportunity for those looking to build or investors. The special thing about this auction is that the single-family home currently on the property will not be auctioned. Instead, there is contractual compensation for the current owner should the leasehold contract expire at the end of its term, reports moz.de.

The auction will take place at the Mercure Hotel Moa Berlin, Stephanstraße 41, and starts at 11 a.m. Anyone looking for a real estate investment can look forward to further exciting offers: two single-family homes in Teltow and a commercial apartment in Birkenwerder will also go under the hammer. When it comes to granting leasehold building rights, the details are crucial. The current ground rent for the property is 4,070 euros per year and the ground lease agreement runs until December 31, 2099.

The trend towards hereditary building rights

Leasehold building rights have become increasingly popular in recent years, particularly in the Berlin area. Since 2012, the state of Berlin has decided to only allocate state-owned land on a leasehold basis instead of selling them. Of course, this has its advantages, but the results are still sobering: since 2021, only 60 new apartments have been built on these areas, while over 400 new leasehold apartments have been completed in Hamburg. High bureaucratic hurdles and complicated procedures are often the reason for this low number rbb24 reported.

Leasehold contracts usually offer terms of between 60 and 99 years and make it possible to use land to build or buy houses without purchasing the property itself. This can make it easier for lower-income households in particular to access real estate. However, one risk is that many of these contracts are not renewed after the term has expired, which means that the buildings go to the leasehold provider, which is also in erbbaurechtsverband.de is explained.

The challenges in housing construction

The example of the POI cooperative shows how difficult it is to advance innovative construction projects in Berlin. Despite having one million euros in equity for the planning of a multi-generational house with 16 apartments, the cooperative is experiencing great difficulties due to financial and bureaucratic hurdles. Ulf Heitmann from the “Alliance of Young Cooperatives” expresses his concern about the long duration of the procedures and the lack of communication between the authorities.

The Senate Department for Urban Development has already announced improvements and is planning to optimize the procedural structures and reduce the number of documents to be submitted. Nevertheless, it remains to be seen how these measures will affect the realization of new leasehold projects and whether more apartments can be built on these areas in the future.