Construction costs are currently skyrocketing

Except for the leasehold, which would be a deal-breaker for me, great price :) Photos please :cool:

The purchase offer was notarized after 10 years had passed. Therefore, no problem for me. Otherwise, no problem since it’s 99 years and I will probably sell everything in at most 15 years. There was a detailed thread (a kind of construction diary) with hundreds of pictures, unfortunately deleted. Nevertheless, some pictures can be found in other posts by me (or me as superzapp / knalltüte).

The builders who have already commissioned the general contractor usually already have a secured financing.

And our general contractor has a fixed price that will not be changed. Therefore, at least there planning security remains.

We signed in November 2020 and did not pay the general contractor 1 cent more than

I interpret it this way that the price increases of the other house builders are windfall effects.

Could be..

Are about 500 thousand euros a lot for the house?

Yes, definitely for local conditions.

Above all, it is about whether we want to commit ourselves to such a big financing because of the larger plot!

It’s not about being able to, but really about wanting to, and my mind says "NO, STOP"! Stay grounded!!

The purchase offer was notarized after 10 years. Therefore no problem for me. Otherwise no problem either since it is 99 years and I will probably sell everything at the latest in 15 years. There was a detailed thread (a kind of construction diary) with hundreds of pictures, unfortunately it was deleted. However, some pictures can be found in other posts by me (or me as superzapp / knalltüte).

Now I know where you went. Had already missed you ;) You had already hinted in some thread what you pay, I thought that was a great price for the standard you are building at even back then

Not building also does not seem to be a solution. I just read in the leading weekly newspaper from Hamburg that Germany's largest real estate company is announcing "significant rent increases." "If inflation remains permanently at four percent, rents will also have to increase accordingly annually in the future." That really doesn't sound good. I hope that despite the more difficult situation and rising interest rates, all forum members will carry out their building projects.

The argument is correct that the landlord also faces inflation and rents must increase… However, I fear that inflation is also being used as a pretext to maximize profit. Next year, inflation will certainly be lower.

The argument is indeed correct that landlords also experience inflation and that rents need to rise… However, I fear that inflation is also being used as a pretext to maximize profits. Next year, inflation will certainly be lower.

See oil companies, exactly the same.

I also think that inflation will be lower, but not fall back to 1.5-2% like in previous years. More likely around 4%.