stoecklj
2019-10-23 13:13:53
- #1
I also have a question about the economic viability of leasehold.... We have been offered a plot of land by the church for 3600€ per month for 1200 sqm; the current standard land value in the area is 250€/sqm for developed plots. Unfortunately, I am still missing information about the other conditions (leasehold interest -> fixed or linked to CPI, development costs, etc.) Purely from the land costs, you would save at least 300,000€ or could live for about 80 years without surpassing the current value of the land assuming no adjustment to the leasehold interest, right? Would building a house be financially feasible with a monthly net income of 4500€ (man full-time / woman part-time & 1 child (no more planned))? Equity of about 150,000€ is available. (more details then gladly in the financing thread, should it become concrete) Since plots and houses are scarce around here... we would seriously consider the offer... Thanks for your opinion.