How expensive is a turnkey prefabricated house with a granny flat?

More borrowing also means more repayment...

How big is the problem taking inflation into account?

How big is the problem considering inflation?

The problem here is called "borrowers are retirees"... even if the equity is mathematically more than sufficient, the debt service must be manageable with the limited income.

There is approximately 150k euros of equity available, the rest would need to be financed.

Of course, one would want to in retirement age

I don't even know if you can still get a new mortgage as a retiree :oops:

I don't even know if you can still get a new mortgage as a retiree :oops:

Hey.....no discrimination against minorities please! :eek: Yes – you can get one, I was even surprised myself. However, various conditions must probably be met.....

Thank you again for all the numerous responses.

There would be a good retirement income available and debt-free real estate as collateral.

However, we are still at the beginning of our search / our project and have simply done some googling and seen prices in the range of 250,000 euros to 300,000 on general info homepages.

400,000 is of course a different ballpark.

As mentioned, 150,000 is available as equity and taking on another 250,000 in retirement is, I think, not sensible, of course regardless of whether one would get a loan at all.

It is difficult, but for the moment or rather probably forever, we are stepping back from the idea of putting another house in the garden (our building plot)...

There would be a good retirement income available and debt-free real estate as collateral.

Why not sell one of the properties (it sounds like there are several) and invest the proceeds in the new project?