Is a 180 sqm house feasible for 300,000 EUR?

Edit: However, if he has really been successfully self-employed for 12 years, then you are of course somewhat right with your statement ( ).

No, even then there is not enough information about it. A simple example among many: someone who invests surplus money does not necessarily build reserves that go into equity in a construction financing, but does create value. This judging from the semi-darkness is a bit annoying.

That is all already correct and I don’t want to wish the thread creator any harm or judge him. He decides entirely freely which information he considers helpful here or dismisses as silly chatter. It’s just an anonymous forum. The fact of his question is that the budget for the desires is initially too small and he is aware of that himself, hence the question. So, one can only continue to narrowly advise: clarify the financing framework, further narrow down the financing needs. First of all, find a plot of land. Or directly check alternatives like buying an existing property. And yes, in my opinion, buying an existing property is the best option. I gladly express that from the half-dark.

No, even then there isn’t enough information on that. A simple example among many: Someone who invests surplus money does not necessarily build reserves that go into equity in a mortgage but certainly creates value. This judgement made from a semi-darkness is somewhat annoying.

So for a self-employed SAP consultant, the necessary investments should be quite limited. The fact, however, is that for a long time he sunk 2.6k in rent for a semi-detached house. That certainly was not necessary if one secretly dreams of homeownership.

No, even then there is not enough information. A simple example among many: Someone who invests surplus money does not necessarily build reserves that go into equity for a construction loan but definitely creates value. Judging from the dark is a bit annoying.

The original poster here publicly asks for an assessment of his situation from forum users. Naturally, questions are asked and obvious assumptions are made. They can be wrong; revising them then becomes the task of the original poster.

Whether 12 years in the industry or 12 years self-employed, it doesn't matter. The legitimate question remains the same: Where did the money go? This cannot be explained solely by a temporarily high rent.

Who invests, builds assets. Where are the retirement contributions? Where are the reserves for order slumps? The banker will want to see that in order not to come to the conclusion: liquidity good, money management rated 5-, no reserves, etc.

I'll put it this way from my Augsburg days: youthful recklessness, urban lifestyle, good income, the money slips away.

Or to quote my business administration teacher: "don’t be fooled, many who look like part of the fancy crowd live on orange crates."

It doesn’t matter how much was earned or why nothing is left. Too little equity, budget too low

If I could look into the same crystal ball as you, I could come to the same conclusion. I have neither the information nor the mandate to give advice. Financing without equity contribution is usually a bit more expensive. It can certainly still be obtained with the appropriate additional documents.

Man, you are really looking for trouble with this topic. As has already described very well, there were some omissions. And I am neither pro nor against freelancers. Everyone should do as they think. And yes, banks evaluate it differently