Buy property now, and build in 3 to 5 years?

That means, depending on the bank, it still depends on the household budget, right?

Yes, according to your personal household calculation, the amount you can afford to pay monthly as an installment results.

I also went to PM once.

Regards

Thank you for your really good suggestion.

I am 26, married and have one child .

Then you really live frugally Respect.
Still, if it is not THE dream property, I would only buy when you actually want to build.
It would be different if you now had €150,000 in the bank that doesn’t earn interest and/or you were even afraid of a bank crash/inflation. But on credit?
I wouldn’t do it.

Hmm ok thanks for the tip.

Hello,

basically I don't think the idea is bad to buy a plot of land now and only build a house in a few years when more equity has been saved up.

But you should definitely pay attention to the advice from (variable loan) and (building obligation) so you don't walk into a trap.

If you work as a consultant in the banking sector, I would, in your place, have a conversation with one or two competent specialists for construction financing - after that you should see much more clearly what is possible or not.

Feel free to start looking for the perfect plot for you - this will probably take some time, especially in the Frankfurt metropolitan area.

We, for example, searched for almost 3 years (in the Stuttgart metropolitan area).

Regards,

Dirk