Apartment building

Split it up or sell it whole?

The quick check for owners of apartment buildings in Dresden

Splitting a building into individual condominiums can significantly increase the proceeds — but it is tied to legal hurdles and effort. Record your situation and weigh both routes against each other.

1 · Recording your situation

Subdivision approval in place?	Yes No Applied for
Neighbourhood protection area (§ 172 BauGB)?	Yes No Unknown
Subdivision ban under § 250 BauGB?	Yes No Check

2 · Value check (quick calculation)

Sale as a whole apartment building	Value
Annual net cold rent × purchase price multiplier (Dresden 2026: 18–24)
Estimated total proceeds as apartment building

Sale as individual condominiums (after subdivision)	Value
Avg. price per m² for a condominium in this location
Estimated total proceeds from condominiums (m² × €/m²)
Subdivision costs (notary, setting up the owners' association, any refurbishment)
Net additional proceeds (condominiums − apartment building − costs)

3 · Decision criteria

4 · My conclusion