Heritable lease property the only solution?

Hi, first of all, thanks. I had already used the search function and read quite a bit, but none of the leasehold agreements had such a high ground rent, which is why this is my topic.

5m of garden depth is really not much.... that's because you are only allowed to build starting 5m away from the street.... totally nonsensical in my eyes, what am I supposed to do with such a front garden? But roughly calculated, about 100 sqm remain for the garden (behind the house), I think for a city that’s still a lot!

The interest increase is contractually regulated and, as mentioned above, adjusted every 3 years according to the consumer price index. In the last 10 years, this was a 15.54% increase. I know that the property will never belong to us, but most likely neither my children nor I will live that long anyway.

The interest rate is even "only" 4%.... commercially it would be 5%.

We could also take just one, but we didn’t want a semi-detached house.... actually

I know that leasehold contradicts the monthly (non) fixed costs, which is why we are seriously considering it.

Otherwise, it would be unaffordable for us to build a house if you also have to buy land. Directly where I am, the sqm costs 1000€ just for the land.

Lastdrop, where are you from?

Hello, your post is a while ago, maybe you'll still answer briefly... we are also about to acquire a property from the church under a building lease... same conditions as with you... apparently the same church foundation... the prices to buy are horribly high for us too... we could have bought a property from the city, but on that we wouldn't be able to build a bungalow + terrace facing the street, etc...
This building lease property is our dream property... I worry less about the constant interest payments, but more about whether the thought that the property doesn't belong to me will haunt me...
Could you briefly tell me if you decided to go for it? Are you satisfied? How does it feel? Were there any kind of problems?

Thanks a lot

will follow...

whether the thought that the property does not belong to me.

Hi, I had to read again to understand exactly what it was about. We decided against it and now live a few kilometers further away and have a detached single-family house with a plot that belongs to us (well.... still to the bank, but someday ;-) ) Where did you find something nice?

Why should it haunt you? It somehow belongs to you. You are not accountable to anyone for what you do, build, or plant on it. It will be your house, so you also consider the land as your own.