Wrong. Since he is not entitled to input tax deduction, the sales tax is not a pass-through item for him.The general contractor has, in my opinion, no advantages as an entrepreneur because the VAT does not concern him... he is not an end consumer.
You are contradicting yourselves. Searching for 2.5 years, coming back to a property, and then claiming it is too expensive. Construction is booming despite Corona. He can, but does not have to accommodate you. Regarding the 16%, no one will give you 100% certainty because there is no experience and the house must be completed by 31.12.20 (layman's opinion) which could become tight.Thank you for your quick response. That theoretically is enough for me for now.
For your info again. The house is not located in a metropolitan area, but rather rural near the Dutch border in West Münsterland (my hometown). The residential area is among the best in this city, yet despite that, the purchase price of about 480k € plus garage, floor plan changes, garden, front garden (paving work), upper floors in all rooms except bathrooms and plaster seems too high to us. Travel time to the nearest hotspot (Oberhausen) 40 minutes, to Düsseldorf 50-70 minutes, depending on where you want to go.
The house has been on the market as a project since the end of 2018. The shell has been standing since June/July 2019. Nothing has happened since then.
Best regards, Tim
You are contradicting yourselves. Searching for 2.5 years, coming back to one property and then claiming it is too expensive. Construction is booming despite Corona. He can, but does not have to, accommodate you. Regarding the 16%, no one will give you 100% certainty because there are no empirical values and the house must be built by 31.12.20 (layman's opinion) it could be tight
Regarding the 16%, no one will give you 100% certainty because there are no empirical values and the house must be built by 31.12.20 (layman's opinion) it could be tight