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weisenburger projekt is building

a district for young families

Obertshausen – The construction of 15 houses on the Otto-Wels-Straße is starting with the symbolic ground-breaking ceremony. In Obertshausen near Offenbach, weisenburger projekt is building eleven terraced houses and four semi-detached houses on a 3,700 square metre site which is owned by the ‘Dr.Carl und Ellen Klöss’ foundation. The project is intended to create a district for young families.

The plot of land that the construction project is being realised on belongs to the charitable ‘Dr. Carl und Ellen Klöss’ foundation. This charity is primarily involved in supporting children and young people. The special nature of this project is that the properties will remain in the ownership of the charity. The Board of the Klöss foundation has decided to go with what is known as the hereditary leasehold principle, particularly because of the purpose of the foundation. The hereditary leasehold is issued for 99 years with an option to extend. According to the hereditary leasehold principle, the buyers pay the purchase price of their future house and annual ground rent. This amounts to four percent of the property value. For every child who belongs to the household, the ground rent is reduced by 0.5 percent. With three or more children, the discount is 1.5 percent. This particularly supports young families.

The houses are located in close proximity to the metro station. They each have living space of between approx. 125 and 159 square metres. Each home will have a cellar, two parking spaces, one of which is covered, as well as a garden and terrace. From an urban development point of view, the two-storey houses will also fit in well with their environment.

Press release

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