Finally a plot - Can we finance everything with EFH?

In my opinion, clearly a tied transaction. This is always the case when agreements exist that commission a third party designated by the seller with the house construction. Then the object of purchase is not an empty plot, but a plot with a building. Tax applies to everything. The number of invoices, some from GmbH 1 and others from GmbH 2, etc., is completely irrelevant. Clause in the contract = tough luck.

If the property is tied to an architect, then the corresponding clauses are very likely invalid. There is a ruling from 2014 on this. See also Article 10 § 3 in the MRVG. For Gu, for example, it looks different.

The real estate agent, together with a partner, bought a building plot with 15 parcels that are being offered together, each with an architect commitment.

Agent = owner? Or his wife or a GmbH for which he acts as managing director? Or is the agent also acting as the legal representative or authorized agent of the other party? Then it is a so-called own transaction and after the notary appointment you can enjoy lighting a cigar with the agent's invoice. Because then there is no commission for him.

do you mean the one with kitchen and terrace etc. for 20,000€? That is of course a value that cannot yet be given 100%. because the planning simply is not there yet

Hmm wrong approach. We had 1. a rough budget, 2. a framework loan approval from the bank, 3. an offer for the plot including the shell construction was fixed, and 4. everything else we had in individual contracts. We obtained at least one offer from each trade and thus had a realistic amount for the entire house including outdoor facilities. If the total had been too high, we would have either had to do without frills or not signed at all.

4. everything else we had tendered individually. Requested at least one offer from each trade and thus had a realistic sum for the entire house including outdoor facilities.

And determining the real sum is not only interesting for you but might be demanded by the bank in case of doubt (especially if the financing becomes tight).

Please consider all incidental costs, e.g. insurances (1k), notary (3k?), telecom (699 €), surveying (2k), is the site connected up to the house? Otherwise, an additional amount of 5-10k from the public utility services will be added. What about other fees like building permits (1k)? Earthworks (5-35k, especially in the Tecklenburger Land --> rock? soil survey? slope location --> extra costs)

Go once non-binding to a kitchen studio and get advised, best take the possible floor plan with you. Then they see that you have serious interest and in the end, you get a first price there. (Better not pay attention to the prices in advertising brochures...)

Wishing you success. I just want you to be aware beforehand of what you are signing.

Hello,

I am coming back to the core question. Can we finance this??

First of all, this is a rough calculation; based on experience, it always gets more expensive. Currently, you have a net income of 3,500 and want to finance about 380k. Personally, I find that very tight to unfeasible. Also considering that you are both young and probably want child(ren)? At the latest, every penny will be turned over at the kitchen table then.

You have a solid income and high equity. However, neither fits the project. You will most likely find a bank that finances this. But healthy looks different.