Home financing without equity. Is the financing amount too high?

The market value is approximately 330,000 - 350,000 euros. As mentioned, we were able to negotiate the property down to 300,000 with the current owners. No equity is correct, or by then there will be about 5,000 - 10,000 in equity, but still not much.

You had a conversation months ago with financial experts whom you still know. Since then, however, you haven’t saved any equity capital of 0 EUR? Or do you now want to save 5-10? When would the transfer of ownership be?

As a rule of thumb, one says 5% p.a. for repayment and interest. That means, for 365,000, you should be able to raise 1,520 EUR already.

Besides, your project seems to be calculated quite tightly.
For 300,000, I alone come to about ~32.5k€ ancillary purchase costs. So 32,500 should be enough for renovation and furniture, and what else? I urgently recommend you to deal with modernization/renovation costs today.

And what reserves do you also want to co-finance?

Have you thought about approaching your specialist?

The market value is approximately 330,000 - 350,000 euros.

No, the market value is €300,000!!! If the market value were higher, someone would pay it. There is no one today who simply gives away €30,000-50,000. The lending value would then probably be €270,000 = 135% loan-to-value. I would not finance you on principle, as the loan-to-value is simply too high. Even with a repayment rate of 3%, the bank would only be at 100% financing after 10 years. The bank will probably apply a living expense flat rate between €1,100 and €1,400 for you. In addition, a financing with at least 3% repayment means another €1,500 per month; from the bank's point of view, that is already a lot of income gone just for living expenses plus financing. Conclusion from a banker's point of view: financing is significantly too high, creditworthiness does not justify the high loan-to-value.

Thank you.

The market value is around 330,000 - 350,000 euros. As I said, we were able to negotiate the property down to 300,000 with the current owners...

That raises the question again of why the owner is allowing themselves to be negotiated down? Have you already involved an expert in the project? Are there possibly costs coming up for you that you cannot yet foresee (heating, moisture, old windows, etc.)?

Is there a link to the online exposé? Gladly via PM :)

Heating is new, 3 years old. House built in 2000. Renovation is not necessary currently and will not be needed in the next few years either.

I would consult an expert IF financing were possible. Otherwise, it’s off the table anyway.

In my opinion, it is negotiable downward because the couple is quite old and the property + house is much too large for the two of them or they can’t manage the work. They already have household help and a gardener and therefore now want to have a condominium for the "last years." I believe they have endless money; this is more of a "life project," where not necessarily the money but possibly the right buyers are decisive. But that is just my personal superficial assessment.

No, the market value is T€ 300!!! If the market value were higher, someone would pay it. There is no one today who just gives away T€ 30-50.

Sorry, that is total nonsense. You don’t know anything about the property. Neither location nor features etc. In my opinion, the group of buyers for this property is very small and the location is only interesting for people who come from this area. Otherwise, it is totally uninteresting.