House construction. Sell or rent out the condominium?

One must not ignore the future development of the property. Today it's 380k, in 10 years it could be worth 480k. Then I have paid taxes, but after tax a value of 7200€*10 years = 72k plus 100k value increase generated.

Exactly.... the bubble will burst at some point. I do not believe that real estate (even in well-located metropolitan areas) will keep rising forever... I don't want to gamble. It might also be possible to sell the apartment, take out less credit and... in a few years, if it turns out that the house financing allows for a lot of leeway, buy an apartment as an investment (2-3 rooms, preferably to renovate, so that advertising costs can also be deducted). ...

I would not assume it is a bubble; if your apartment's selling price is already a bubble, then your house construction is one too, and you would have to sell and wait until the bubble bursts before buying a house... Let me tell you, many have been waiting for this burst for years and will wait much longer. This level will not come back....

I wouldn't assume a bubble if your selling price of the apartment is already a bubble, then your house construction is too and you would have to sell and wait until the bubble bursts and only then buy a house...

That's what I mean. Suppose I sell and build in the bubble – the calculation comes to zero.

But if I build the house in the bubble and hope that prices continue to rise so that I can rent out at a high price and sell even more expensively after 10 years, I could face an unpleasant surprise if the bubble were to burst...

Or am I being too cautious here?

That's what I mean. Suppose I sell and build in the bubble – the calculation comes out to zero. But if I build the house in the bubble and hope that prices will continue to rise so that I can rent it out at a high price and sell it even more expensively after 10 years, I could be in for a nasty surprise if the bubble should burst... Or am I being too cautious here?

You’re talking about realized gains/losses. As long as you don’t sell, you couldn’t care less about the price development. That’s why I invest exclusively in real estate with extremely good cash flow. The possible “losses” should be dealt with by my children after my death – either realize them or continue to have a good monthly return in their wallets. It’s always a question of philosophy.

I would not assume a bubble; if the selling price of your apartment is already a bubble, then your house construction is too, and you would have to sell and wait until the bubble bursts and only then buy a house... Let me tell you, some have been waiting for this burst for years and will continue to wait for a long time. This level will not come back....

Building a house is consumption for your own use. You can be indifferent to a bubble IF you can present a realistic financing plan until it is paid off. This does not necessarily apply to an additional rental apartment. No one has a crystal ball; you can only look at the past and consider the demographics. You are of the opinion that it can only go up. I rather see the question of who will still invest larger sums in 10 years if the necessary rent cannot be achieved on the market? There is already a complete imbalance today between purchase prices and rents..