Construction costs are currently skyrocketing

Danwood is a cheapo. It's not about the absolute price, but about the depicted price increase.

Well, a villa involves more than just a larger living area... Nevertheless affordable. Here in the south, even for simple multi-family house construction, we are at almost €5000/m2. Really crazy. But my acquaintance (construction contractor) told me that currently all those with tight financing are dropping out. Higher-quality apartments and properties are still being bought with healthy financing.

Well, the question is what healthy financing actually is. If the purchase price of a property costs 15-20 times the annual net income (hypothetical example), then any financing is too high. In other words: You should only finance properties that fit within a certain range of your own earnings, regardless of any equity from previous inheritances or similar. Otherwise, it gets unpleasant if prices go down or interest rates rise.

Well, a villa involves more than just a larger living area…

I know what you mean – but take a look at the pictures of the Danwood Classic 266, 90% of people will call that a "villa." Certainly more so than the 140m2 "city villa" :) Although, of course, the house won’t have the same effect on a 20x20m plot.

But my acquaintance (construction contractor) told me that currently all those with tight financing are dropping out. Higher quality apartments and properties are still being purchased with healthy financing.

Those who can invest their money have naturally benefited from the crisis. And accordingly have more capital to squander, pardon, invest in cubic meters. In my region, this is very clear to see; people don’t know what to do with the money. A colleague recently received an offer of over a million for his 40 sqm ski cabin in the Berchtesgadener Alps.

In my opinion, we are currently at the peak regarding prices and financing limits. The median property buyer has a monthly payment limit and needs to finance 80%. There are already some here whose dream just went 'puff'.

I believe that with luxury properties and very good locations, not much will change. With 0815 houses (not meant derogatorily), I do think there will be a correction. Many formerly potential buyers drop out due to interest rates, energy costs, inflation...