Assessment of standard land value and bank appraisal

Maybe it simply helps you to inquire at different banks, with us one bank valued it completely differently than the other bank. Our property was worth €50k according to Bank A and Bank B accepted the purchase price of €130k and fully financed it as a loan.

I also learned that there are banks that do not finance mixed-use areas at all, or it depends on the actual neighborhood. Apparently, the risk of price fluctuations is too high.

I was able to have another conversation, the values were insignificantly different. This will be an interesting conversation with the real estate agent, but I am probably not the first to tell him that.