Dream castle realizable with a financing amount of €390,000?

Are there actually posts from 11 years ago here in the forum? They would probably look exactly the same. - Back then not in Germany, but rather Southern Europe and in the USA - but the pattern was and still is always the same. Whoever buys now, although they actually cannot or do not want to, but is AFRAID that they won’t be able to later, should question that strongly. Fear is never a good advisor.

I agree with you. Whoever is afraid should leave it alone. The conditions in Germany are not comparable to those in the USA back then. And regarding "11 years ago": I have known the land prices in the southern Wine Route (RP) since 2004. What can I say: I definitely would not have done anything wrong with a purchase back then...

Good to know, thanks. Although a 100 sqm building area (without terrace!) is really minimal and I wonder how all the people in the new development areas with 450-550 sqm plots manage...

There might then be a floor area ratio of 0.3 or 0.4. I can reassure you: in metropolitan areas where building land is scarce, the 0.2 is not very common. The latter is more often found in smaller municipalities or rural districts, where it is structured a bit more loosely.

We currently do not really see it as an alternative. We would rather move again and postpone the house construction.

Why not as an alternative? This goal would be more tangible than pursuing goals that are simply unachievable. Besides, you get more out of a garden or plot that is divided and you do not have to buy the 3 meters to the neighbor, which are hardly usable. Also: in tight new development areas you look very close to the house opposite, which is often not the case with terraced houses: there you still have some distant view. But okay, I understand the basic idea and the wish. Nevertheless, the more years pass and you realize that the single-family house idea will never work out, it makes you reconsider the choice.

That’s for your question: dream or possible

YES ok left and right idstein. Then you first have to go through idstein on a3. There is nothing with 35 minutes at most. You notice the comparison is off. Any cheaper price of the property justifies it. A construction contractor from Limburg once told me. The shell is the same price, the property makes the leverage.

Google is quite good at simulating travel times at certain times on certain days..,

Weekend travel times are often very different

Hi Johannes,
unfortunately, I think your calculation is still unrealistic
North of Bad Camberg you will never be in Höchst/Rüsselsheim etc. in 35 minutes, unless you drive at 3 a.m. on a Saturday night... keep in mind that the A3 around the Wiesbaden junction or on the Frankfurt-Limburg section is more or less permanently congested.

That is of course a good point. However, I don’t start at 8:00 but rather around 6:30-7:00, and according to Google Maps it’s much calmer on the route then. But you are of course right, you should consider that if you then need 60 minutes per way for the next 20 years, that obviously won’t work.

Why not as an alternative?

Sure – it is already an alternative. Semi-detached house more than terraced house. We would just like to live without direct neighbors (i.e. shared walls)... If it doesn’t work otherwise, you eventually have to rethink, that’s correct.
Especially since my parents spontaneously suggested selling their house to then build a semi-detached house together with us (they have been considering moving closer to the city and downsizing for years). That would allow a total sum of about 1,000,000 including the land. But semi-detached houses are of course also more expensive and require larger plots, and we don’t know if financing and living together with family, although we have a very good relationship, is really a good idea. So first we have to carefully calculate option 1.

OK yes, Idstein on the left and right. Then you first have to go through Idstein to get on the A3. There’s no way to get to Höchst in 35 minutes. You notice the comparison doesn’t hold. Any cheaper land price justifies it. A builder from Limburg once told me: The shell costs the same, the land makes the difference.

Höchst is certainly the farthest away. Then maybe other cities are closer and Höchst is only a last resort.

It simply comes down to calculating in which cities within this radius it could work and what compromises would have to be made.
And then you really have to ask yourself if you want to live in these cities just because a single-family house only worked out there.

I haven't read everything and therefore don't know if this has already been discussed, but regarding the topic of plots of land, I might have one or two tips (since we are currently searching diligently):

[*]We have, just to be safe, signed up on some lists, because building land is also very scarce in BW. If in doubt (if waiting is an option for you), it will become easier for municipalities to convert land into building land starting in 2019. Some municipalities (at least in our area) are planning to develop new building land.
[*]Buying plots directly from the developer: Be careful! If you buy land and house from the same provider/seller, you pay real estate transfer tax on the total price. Even if you first buy the plot and later buy the house from the same provider. The tax office notices that and then you pay the 3.5–5% afterwards. Only if you buy the plot from a provider independent of the developer are you safe in paying real estate transfer tax only on the plot.
[*]Financing plots and house construction: We will probably do it so that we finance the plot via a flexible, monthly cancellable loan (I want to discuss this with the financial advisor anyway). Why? If you finance the plot with an annuity loan with a fixed interest rate for, for example, 10 years, the corresponding bank is entered in the land register. If you want to finance your house a few months later, it will only be possible on bad terms. The following scenario applies: The first bank is listed first in the land register of the plot. Every bank knows that it only comes in second place if it finances your house—which is no small risk—so it charges accordingly. The first bank also knows that theoretically you cannot go to another bank. So this bank charges a lot as well. But if you do it via a flexible loan on the plot, you can cancel the loan monthly, take it with you to your house financing bank, and everyone is happy because they get entered in the land register and can offer you a nice interest rate. If this was unclear, just Google it. There is quite a lot about it.

Best regards, Kathi