Financing purchase of existing house BW, 800-850k€

  • Erstellt am 2021-12-08 14:01:55

ArmAberSexy

2021-12-09 18:12:08
  • #1


Yes, it’s just very big – even if sharing the house with the granny flat is not for everyone. But a 180m²-200m² house, which is enough for about everyone, you get for 700k€+ in the corresponding final condition according to one or another 8KG heavy tome from various construction companies. But maybe I haven’t fully understood the fine print yet. We’re going to look at a few of them in real life this Saturday in one of those house parks. Hopefully, there will be clear price indications for the whole package. So I could handle one size too big, but two – that went straight to the heart o_O
 

Hausbautraum20

2021-12-09 19:16:46
  • #2
Now I was curious and took a look myself. WOW!
I would love to have that too...
As someone from the Greater Munich area, it seems extremely cheap to me, but of course that means nothing.

Newly built without own contribution, I would also estimate it around 900k-1000k.
Everything looks very high quality. The electrics, the skylights...

If I were you, I would give it a try because I think the house is awesome, but probably someone will pay more.

Overall, your project would seem much less extreme if you put in all your own capital. Then you’d have a 600k loan with 6300€ net plus rental income.
That’s absolutely within limits!
And I also think that the child problem can be solved with salary increases over the next few years.

Keep us posted.
 

vonBYnachSH

2021-12-09 20:04:27
  • #3
Hm, are we coincidentally talking about the house that's now listed for 925k or am I losing it?
 

Snowy36

2021-12-09 20:23:29
  • #4
Wow, those are some prices... the house isn’t even that young
 

PhiIipp

2021-12-09 22:19:39
  • #5
As long as the bank cooperates, you can afford a house of this size. But please not with this extreme repayment plan. The granny flat is great and can certainly be rented out well via [airbnb]. And, what some might forget here: the place won't lose value in the coming years. If all else fails, or if you and your descendants prefer to explore the world instead of paying the bank, you can always sell and travel through Southern Europe with the camper. Joking aside. As long as you and your bank can keep up with the purchase price, I would stick with it. (Für die Kindertodesfalle Pool gibt es adäquate Mittel, diese zu beseitigen. Stichwort: Zaun)
 

Wassermann

2021-12-09 22:32:23
  • #6
Is that so? How do I find the property? Feel free to PM me, then I’ll take a look at it too.
 

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