House construction with 60k equity feasible?

  • Erstellt am 2020-07-16 10:08:36

Prosperity

2020-07-17 08:08:36
  • #1
Offshore engineer (energy industry) is just a regular office job. The office is just on a ship! He has colleagues who have been in the industry for 20 years.
 

Ybias78

2020-07-17 08:11:26
  • #2
Ok. Then we have misunderstood each other and I still do not agree with you. At first glance, a terraced house including incidental costs and furniture costs between €650,000 and €750,000. Just looking at Immoscout.
 

Pinky0301

2020-07-17 08:16:07
  • #3
Does that mean the man is rarely at home? Does it possibly make building more difficult or exhausting if you are not constantly on site for inspections or meetings. Have you already looked into what plots of land cost in the desired region? The question is, if existing buildings already cost 700k, how much an undeveloped plot costs and whether a new build fits into the budget at all.
 

Prosperity

2020-07-17 08:31:18
  • #4

Yes, correct, that's why only a prefab house plus construction supervision by an expert is an option.

It depends on the district and the size of the plot. Everything starts from 300k upwards. But currently it is extremely difficult to get anything. If so, it is connected with an existing building and the costs for demolition also have to be taken into account.
 

Ybias78

2020-07-17 08:34:13
  • #5


Or you get a terraced house, possibly as an end house. Several are being built.
 

exto1791

2020-07-17 08:35:59
  • #6


With us on average for 15-20 years fixed, depending on what we do, we effectively are at 1.2-1.3% and we also finance 100%.
 

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