BaldPrivatier
2019-09-20 10:05:30
- #1
Hello everyone!
My situation:
I, married, no children, will work for another 2 years and then retire from working life at 57.
I currently live in Cologne, but only because I also work here; nothing really holds me here, so to speak, the (German-speaking) world is open to me for my (pre-)retirement time.
I haven’t owned a car for over 20 years, and that is how it should remain.
Expected finances in 2 years:
What I am now looking for is a place where I can live for the rest of my life that meets the following conditions:
Very roughly estimated, this means for me I can either
Since I myself am car-free, my first thoughts go to places that are car-free themselves, e.g. some of the German islands (I am not afraid of island madness).
But a penthouse apartment or even just a quiet location would also fit.
My questions about this:
Thank you!
My situation:
I, married, no children, will work for another 2 years and then retire from working life at 57.
I currently live in Cologne, but only because I also work here; nothing really holds me here, so to speak, the (German-speaking) world is open to me for my (pre-)retirement time.
I haven’t owned a car for over 20 years, and that is how it should remain.
Expected finances in 2 years:
[*]Assets: approximately 700,000€
[*]passive income: 3,000€ net/month
[*]current expenses: 1,800€/month (including 800€ warm rent), meaning if I simply stayed in my current rented apartment I would save 1,200€ every month.
What I am now looking for is a place where I can live for the rest of my life that meets the following conditions:
[*]quiet. VERY quiet!
[*]shopping facilities for daily needs within walking distance. As mentioned, no car!
[*]around 100sqm living space. A garden is not necessary, but possible.
[*]senior-friendly. Not necessary yet, but will certainly be needed at some point.
[*]it can definitely be an apartment instead of a house, as long as I hear little to nothing from the neighbors (I know this is very hard to estimate).
[*]not sure if this still needs to be mentioned nowadays, but reasonably fast internet is also a must
[*]preferred would be a place either directly on the water or in the mountains
Very roughly estimated, this means for me I can either
[*]rent something for up to 2,000€ warm/month => I would remain roughly at break-even at the end of the month and would not touch my assets at all
[*]buy/build something for a total price (including moving/new furniture and all costs that go toward the property itself) of 600,000€. I definitely want to keep 100,000€ as a reserve.
Since I myself am car-free, my first thoughts go to places that are car-free themselves, e.g. some of the German islands (I am not afraid of island madness).
But a penthouse apartment or even just a quiet location would also fit.
My questions about this:
[*]How do I find something like this? The problem with real estate websites is that the search almost always starts with entering a postal code. But I am flexible right now and can hardly sift through all postal codes one by one. Agents are generally also rather local.
[*]When does one start the search seriously? From now on, the earliest time to move is in a little less than 2 years, but there is also nothing against staying longer in the current rented apartment if circumstances require it.
Thank you!