Beginner seeking advice - when should planning start?

But if you look around at least "superficially" and take a look at the market situation, I’d almost want to sit crying in the shower. :eek:

And if you want to go deeper instead of superficially, already put whiskey/cognac/wine within reach of your shower (depending on your preferences) ;)

After some time of house hunting, I personally developed an aversion to the real estate agent profession. The current market simply offers too few incentives for reasonable work, and if you don’t swallow your anger, you don’t even need to come to the viewing. But if you’re friends... maybe the realtor is worth something. Otherwise, it is advisable to call the municipalities for plots of land and get on the waiting lists everywhere. Many apply quite broadly (you should also do this where you like it), and sometimes a handful of builders drop out after the reservation.

And if you want to go deep instead of superficially, already have (depending on your preferences) whiskey/cognac/wine within reach of your shower ;)

"Funny shower gel and shampoo bottles you have there" :p

After some time house hunting I personally developed an aversion to the realtor profession. The current market simply offers too few incentives for reasonable work and if you don’t swallow your anger you don’t even need to come to a viewing. But if you are friends... maybe the realtor is good after all. Otherwise, it is advisable to call the municipalities about plots of land and get put on waiting lists everywhere. Many apply quite broadly (you should do that too where you like it) and sometimes a handful of builders drop out after the reservation.

I still have to understand this waiting list thing, so far I haven’t found any specific websites for the various municipalities/districts of Mülheim, only the general one of the city of Mülheim itself. There are also a few plots listed by districts there but only very "sparse," maybe 7 or 8 in total.

Asked again: is equity available? Otherwise, I find the discussion about building a house here rather pointless. You can't build a house with €400,000, at least not at the scale you have in mind.

Asking again: is equity capital available?
Otherwise, I see the discussion about building a house here as rather pointless.
You can’t build a house with €400,000, at least not in the size you are imagining.

As of now, equity capital would be around €28,000, but this year I still have liabilities from my studies ahead. Then there is also the question of how that might possibly be combined.
If I pay off the liabilities in one go this year, about €10,000 would remain. In the next 2 years, with normal saving (without returns etc.) probably between €15,000-20,000 would be added again. These figures also flowed into the conversation with LBS a few months ago and were included in the total of €400k.
It is also not about building now, but in the future and when one should possibly strive for something in order to make it easier.

If you want to build in the future, you must increase your income and save equity. With the current figures, building on the planned scale is not feasible.