That will probably not be possible without a basement inserted into the slope. Depending on the plot layout, embankments would also be too space-consuming, including the sloping and triggering setback areas, which must also be located on the property. From a design perspective, such a massive embankment is also rather questionable. A clean and architecturally-structural solution that fits the house is more advantageous, probably also financially.
Regarding the costs, something can only be said after a preliminary draft and knowing all the framework conditions. Basically, the starting situation is of course somewhat extreme, but also interesting. When calculating the total costs for the construction project, the costs for a bungalow in a topographically absolutely simple location, which causes no additional costs, would have to be offset against the increased foundation effort on your dream plot. Possibly a more expensive but simpler plot might be cheaper in the overall balance.