Just before agreeing to purchase a condominium unit - Questions and doubts

On the topic of burning money on rent. I wouldn’t see it so negatively. You don’t have to worry about anything. If you don’t feel like it, you move out. Especially as an engineer and a teacher, you can find a job anywhere. In some regions, rent is not worse than owning property.

Unfortunately, I have already built, so I don’t know which cities are planning development areas soon. Do you have BadenovaKONZEPT in mind? I know that we are not exactly cheap, but an apartment for half a million including additional costs, and that in Köndringen – that really blows my mind.

Thanks for the tip, I know Badenovakonzept, I had already applied, but without children + volunteer work + local residency you have no chance. Yes, prices are unfortunately terrible at the moment.

Half a million, PLUS, additional costs are now common within a 50km radius of FFM. Unfortunately, that is the standard nowadays. Money is worth nothing at the moment.

We would have to move 50 km into the Black Forest if it is supposed to be cheaper. Unfortunately, it is really extreme here, probably due to the strong economy, nature, students, and Europapark.

...or simply because it is beautiful there- I lived near Freiburg for a while and since then prices have risen rapidly, as everywhere. Back then it was towards St. Peter or Hinterzarten, super beautiful. Recently I searched for a friend in the OG area; it is simply expensive, period. What you write about your apartment sounds good, I would really take the kindergarten situation easy. My former property bordered directly on the village elementary school up to grade 3. Your wife, as a teacher, is understandably maybe rather annoyed because she already has the kids around her all day. Nevertheless, I see it more as an advantage and, by the way, they are children and not a chicken farm. I wouldn’t worry about that at all... a small kindergarten... honestly. I think with this topic you see the glass as half empty and have been hoping (for 2 years already) to find the ultimate place somewhere; you won’t. If you really want a cheaper house then you have to go fully into the Black Forest and drive 1 hour by car every day. I might do that or have done so, but you have to want that. You now know the market extensively and know that this apartment is attractive; waiting for a price crash or a bargain (which does not exist) would probably be placing your hope rather on wishful thinking.

Half a million, PLUS additional costs are now common within a 50 km radius of FFM. Unfortunately, that is the standard nowadays. Money is currently worth nothing.

In Munich, you get 40-50m2 of new construction for that, in the city center 34m2.

Clearly, 500K€ for an apartment is a lot, but even in areas with significantly lower wage levels, prices for new builds are not much lower (e.g. Dresden, 470K€ for 105m2). The Breisgau is not cheap, but due to the economic structure, I would still consider the bubble risk there manageable.