Building from 50 - experiences with short-term loans?

You have now researched some catalog prices and think that you can build for 200k including incidental construction costs?

Please make a list of all items with costs that you believe you have, and we will straighten out your financial construction world picture or fill in the gaps!

I am expecting 15% additional costs when purchasing (notary, architect, taxes) = too little?

200,000 just for the house incl additional costs plus existing land

For that money you might get a shell house placed on a concrete slab incl. additional costs. However, you are still about 100,000 € away from a turnkey house.

I calculate with 15% additional costs when purchasing

Earthworks, house connections, basement, concrete slab, outdoor facilities, furnishings + kitchen. Those are additional costs.

Do you want to buy or build? If building, then make a list of items and amounts. Otherwise, 15% incidental construction costs on €200k are rather pocket money for a new build.

Do you want to buy or build?

by then [Grundstück] purchased

Sounds like building to me. But I don't see that for the budget. Can't you find existing properties in flat Saxony for 250 k€?

Sounds like building to me. But I don't see that happening with the budget. Can't you find any existing properties for 250k € in flat Saxony?

That's why he should make a list with amounts.