How to afford building a house and buying land today?

I wanted to start a serious thread on the topic of house building and costs.

To be honest, I still haven't understood what you expect from this thread. You hardly respond to inquiries. At first, you give the impression that you are almost a layman, but later you seem to be able to calculate construction costs...

What exactly do you want to know? What kind of answers are you expecting here?

And as a site manager, I have thick skin, don't worry! But anything below the belt will be criticized.

Well, I can't help but laugh "muahahaha." If a site manager talks about language below the belt with thick skin. I don't know on which construction sites you are, but below the belt is usually something quite different there.

How are you calculating? How old are you? What are your wishes? Family planning? Why be done in 25 years? Why not push the limit? Income/expense calculation? Further liabilities?

With a net income of 4xxx, a rate of €1,500 should definitely be possible – what do your finances say? With that, at 4% annuity, you can finance approx. €450,000. Is the rate too high?

You need to tell much more about yourself so that you can get reasonable advice.

Right, after 17 pages the questions from the first answer have still not been answered in order to be able to work concretely on it...

You say you can calculate well and therefore do not want to finance high. Let us be part of your calculation.

The fact that you are a construction manager makes the topic even stranger... Away from university for 3 weeks or what are you doing? Strange thread... Not to mention the [250t€ house without VAT] in Berlin.

Sorry, but you come across as quite unsympathetic and exaggerated with your 'mimimi' thread. You asked and not the other way around. Some of your posts disqualify you.

since I started dealing with the topic of house construction two months ago, I have now also registered in the forum.

A brief intro about me and my wife: Both employed (civil engineer and real estate assistant) with an income of 4xxx net.

Since I want to tackle house construction in the next 24-36 months, the first findings are sobering.

So you are an engineer and you speak here of pure theory. Anyone can dream on paper. That is called planning. You should have learned that. And 4xxx net is a low income for both if you are a civil engineer. You should step on the gas professionally.

Correct!

I have stated that I am a civil engineer as a site manager in a construction company. I have a network of suppliers, a structural engineer, etc., can get pipe material, earthworks, foundation slab all at favorable prices without VAT through the company.

In addition, 140 skilled workers work in the company. From pipe fitter, painter to bricklayer, everything is included.

And what use are the networks to you? Do you get anything for free? Do you get super special prices so that in the end you achieve your desired price? Basically, at first with your house you are just one of many. The construction industry is booming (you should know better) and no one gives anything away. Moreover, you should carefully consider such advantages in a position as a site manager. Do you know what compliance is?

Not for free, but cheaper! For example: list price of concrete: 120 euros, purchase price for the company: 65 euros. Material: also cheaper, no list prices

VAT: I recommend dealing with input tax for companies. But that should not be part of this thread

You have no commercial understanding. At what purchase quantity? How high is the price if it is delivered in small quantities? Does someone install "foreign material" at the construction site and only do labor work? 65 + what? Doesn’t your company have overhead costs like administration, financing costs etc. pp? At the end of the day, the purchase costs are 105 € NET

You should either accept the doubts here or leave it. Others will gladly be happy if you prove the opposite in 2-3 years and post 'I MADE IT'.

At this point in time, it will not happen.

It already fails at the suitable affordable plot

And again, you asked and not us.

For 400k you currently pay about €670 if you want 20-25 years of interest rate security. That's somehow less than your cold rent.

I was also talking about 10 years of rent, not 25.
And explain a bit more precisely, just throwing numbers around is nothing.
670 what, interest? Repayment? Rate?
Even with our income and job security for the next 30 years, I wouldn't get 400k from my bank, let alone want it.

I also spoke of 10 years of rent, not 25.

Is 10 years of uncertain rent better than 25 years of security? You can also only finance for 10 years.

And explain a little more precisely, just throwing numbers around is nothing. 670 what, interest? Repayment? Installment?

There is not much to explain. You can calculate backwards to realize that it is exclusively about the "cold rent," meaning pure interest costs (which are already generously calculated). The repayment rate doesn't matter; you would have to add it on top of your cold rent to make the comparison properly.

Even with our income and job security for the next 30 years, I wouldn't get or even want 400k from my bank.

I cannot judge that. But where is the problem with borrowing money from the bank for 30 years (and paying it back during that time)? Otherwise, you bind yourself to a landlord for 30 years.