Construction costs are currently skyrocketing

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...

The last carry-over effects will be that :) There are some companies (hearsay) that are indeed having problems from mid-23 onwards because so far only a fraction of orders exist

This will occur quite broadly; it's no coincidence that people are currently talking about the perfect storm in the real estate market. And since global transport capacity is more or less restored, all those energy-intensive components will probably be substituted very quickly. The usual 20%-25% price increases from local suppliers will then also find their limit somewhere. Or they will simply manufacture themselves in the rougher commuter belt of the EU to be able to exist locally at all.

One can then expand the garage or have the garden beautified in 2024 2025 ^^

Crystal ball. In China, millions of deaths are looming, with nearly 5 million currently infected with Covid in Shanghai alone. The next supply crisis is already threatening.

Inflation will be significantly above 2% until 2025.

Ukraine can still lose the war next year, and we will face a massive gas problem in winter 2023/24, especially in industry.

Anyone who commits today that 2025 will be much better is gambling very, very high.