Construction costs and financing for apartment or house

I also think that one will not be happy with 350k. When the planning starts and instead of duravit you begin with Villeroy & Boch or Keuco (there was recently a topic about bathroom surcharge 20k).

The equipment usually becomes more expensive if you also build with a basement and and and

: That you don’t jump is already clear to me.

: Apartment or house is of course your decision, but if 4-room apartments cost 700K€, I would rather build, even if that then costs almost a million. Both are somewhat irrational anyway, but you have the income to even play along with this gamble.

If the mere amount scares you - which is completely legitimate - then the apartment is of course the better alternative.

Regarding disability insurance just this much: I don’t have additional disability insurance, only what is included through my contributions to the pension fund. The background is that all three of us work with our heads and ergo - as long as the head is not off - we remain employable anyway. For one of us to be declared 100% unable to work, a lot would have to happen. For example, if I were to lose a leg, I would earn the same as now. If I lost an arm, I would have to modify the car and hire a secretary or use special software – after that I would earn just as much as I do now.

To claim disability insurance, however, you have to prove that you earn less (permanently) due to the physical impairment – but if at the end of the year the profit is almost the same or comparable to previous years, they pay nothing.

That’s not to say that self-employed (or employees) shouldn’t insure themselves, but it also doesn’t hurt to ask yourself what kind of coverage is necessary or sensible. Disability insurance is, for me personally, not a holy grail, at most one component of the concept.

Best regards Dirk Grafe

Regarding disability insurance (BU) just this much: I do not have additional BU coverage, only what is included through my contributions to the pension scheme. The background is that all three of us work with our heads and therefore – as long as the head is not gone – we remain able to work anyway. For one of us to be declared 100% unable to work, a lot would have to happen. For example, if I lost a leg, I would earn the same as I do now. If I lost an arm, I would have to modify the car and hire a secretary or use special software – after that I would earn just as much as I do now.

To claim BU, however, you have to prove that you (permanently) earn less due to the physical impairment – but if at the end of the year the profit is almost equal or comparable to previous years, they pay nothing.

This is not to say that self-employed people (or employees) should not have insurance, but it does not hurt to ask yourself which form of coverage is necessary or also sensible. BU is for me personally not a holy grail, at most one component in the concept.

Keyword: burn-out, depression, etc. … in my opinion, the biggest risk in my field … for that BU is indeed suitable.

As for the cheap house on the expensive plot. A former colleague also had a house in a residential area right in the city. Exactly where, I unfortunately don't remember, but these were tiny plots of about 200m² and on it stood an old house that I absolutely would not have liked. Nevertheless, it is worth a fortune if he were to sell it.

As for the cheap house on the expensive plot. A former colleague also had a house in a residential area in the middle of the city. I don’t remember exactly where, but the plots were tiny, maybe 200m², and on it stood an old house that I would have absolutely not liked. Nevertheless, it is worth a fortune if he were to sell it.

Apples and oranges..

Why? I just wanted to say that even for "normal" houses, huge sums are paid if the location is right and according to [TE] it is the best location. A later buyer can still expand, modernize etc. the house. Apart from that, 400m² is not a plot size on which a mega villa normally stands...