Construction costs are currently skyrocketing

But if you buy for construction (only with a Polish address) you only pay an 8% tax rate.

VAT reduction on building materials and craftsman services as compensation for price explosions. That would be something…

VAT reduction on building materials and craftsman services as compensation for the price explosions. That would be something...

That will certainly lead to another price adjustment upwards.

So do we need a construction and purchase price brake? :eek: :p

(SCNR)

Of course, so that everyone can afford a 190m² house with a basement and 1000m² of land right in the middle of the big city.

I discovered a new listing on Immowelt yesterday. 120 sqm in need of renovation, rural, etc... For €349,000. The catch is that exactly this house changed owners a year ago for €165,000. Now there are new windows installed and that's about it. I just find it crazy at the moment. A friend works at the notary. There are hardly any more sales to locals and many outsiders don’t even need financing and pay the money in cash.

Our mortgage advisor mentioned the other day that many clients are now postponing their construction projects indefinitely or even selling land / returning it to the municipalities/cities in some cases.

So I can even confirm the tenor of the FAZ article here in our rural area.