Construction costs are currently skyrocketing

The last spillover effects will be that :) There are some companies (hearsay) that have quite a few problems from mid-23 onwards because so far only a fraction of orders are there

It’s the same here, and we’re hoping for that too, because that would be exactly our time :D

The construction company that is supposed to renovate our ground floor told me something similar. It was well booked until about April 2023, theoretically even throughout 2023, but more and more people are dropping out and it is foreseeable that this will continue. Especially projects that are commercially operated. This is now also our luck, which is why they have capacity for us.

After considering a patio roof, it is now installed. Aluminum with glass (8mm), 495 cm x 400 cm as a cabrio version (individual glass panels can be moved to avoid heat buildup in summer) and 6 LEDs for 8,500 Euronen. Concrete footings were also included. The under-awning was measured and will come next year. It is electric and costs around 3,500€ again. We received offers (all with awning!) ranging from 36,000€ to 20,000€ and then this one. The materials did not differ, but at 36,000€ the glass panel movement would have been motorized. The work was done quickly and really well, no rain leaks, and the connection to the house seems very well thought out and executed. The assembly was done by a well-coordinated team that does nothing else. Waiting time was about half a year.

Maybe for all skeptics regarding hereditary building rights, an excerpt from my contract (More available upon request ;-)

§ 11 Compensation in case of reversion and expiration of the hereditary building right by lapse of time
1) If the landowner exercises the reversion claim or the hereditary building right expires by lapse of time, the landowner shall grant compensation to the hereditary building right holder.

2) The compensation amounts to 2/3 (two thirds) of the market value that the hereditary building right or the building and structural facilities have at the time of reversion. In case of expiration of the hereditary building right, the full market value must be compensated. When valuing the hereditary building right and the building and structural facilities, development measures must be taken into account to the extent that the hereditary building right holder has reimbursed or paid the landowner for the development costs himself.

Conclusion: Reversion should and can be avoided; expiration (lapse of time) leads to compensation at FULL market value!

After we thought about a terrace roof, it is now installed. Aluminum with glass (8mm), 495 cm x 400 cm as a convertible version (you can slide individual glass panels and avoid heat buildup in summer) and 6 LEDs for 8,500 euros.

It was installed by a well-rehearsed team that does nothing else. Waiting time was about half a year.

Would you like to reveal the manufacturer?

Would you be willing to reveal the manufacturer?

I would be interested as well. We also want to get on track soon...